$AETH is a utility token. It isn't a dividend and it doesn't pay you to hold it. What it does: unlock cheaper trading, and route protocol revenue into buying back and burning supply. Here's how both work, with a model you can run yourself.
Hold or stake $AETH to unlock lower trading fees. The more you trade, the more the token pays for itself in savings.
A slice of every trading fee is used to buy $AETH on the open market and permanently burn it, shrinking supply as the venue is used.
It's mechanical and on-chain. No discretion, no manual timing.
Each trade pays a fee into a protocol treasury, denominated in the fee asset (e.g. USDC).
On a fixed cadence, a set share of the treasury swaps to $AETH at market via an on-chain router.
The purchased $AETH is sent to a burn address — removed from circulating supply, permanently and verifiably.
Every buyback and burn is a public transaction. Cumulative burned supply is auditable by anyone.
Set the assumptions and see the supply impact. Everything here is illustrative — your inputs, not a forecast.
