Burn

Harness product use funds burns of $HARNESS, and every burn is on the record.

Where burns come from

  • Managed inference. A fixed share of the margin Harness keeps on managed inference is owed to a buyback-and-burn. It accrues when credit is spent, whether that credit was bought by card or in USDC.
  • The marketplace. When a listing fills, a seller fee is sent straight to the burn address on Base.

Owed and executed, side by side

Harness is the accountant and the owner is the executor. Harness records the burn owed from managed inference as it accrues. The owner carries out buybacks and burns separately and records each one with its amount, token count and transaction hash when available. The record keeps the owed amount and the executed burns apart, so any gap is visible. It is published as data at tryharness.ai/api/token/burn.

$HARNESS is no longer accepted as payment for credit. Burns owed from earlier $HARNESS payments were recorded when those payments were made and remain part of the record.