Startup harnesses gain real utility from token burn incentives, Garry Tan notes

Traders Union
All News
Market Voices
Token burn gives startup harnesses utility

Top Stories

Editors' Picks

Stocks

Crypto

Economics

Currencies

Commodities

Business & Wealth

Market Voices

05.10.2026

Startup harnesses gain real utility from token burn incentives, Garry Tan notes — Token burn gives startup harnesses utility

Garry Tan, president and CEO at Y Combinator, discusses how harnesses introduced by labs are incentivized to burn tokens, creating direct utility for those developed by startups.

Tan describes how tools like Grep can turn token burn events into deterministically tested, repeatable code based on observed agent activity. This highlights the evolving functional value of token mechanisms within crypto-based startup ecosystems.

View post on X Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Tan has previously encouraged companies to leverage finance agents for rapid spend analysis. In an earlier statement, he said tools can provide instant insight into company spend and boost ROI analysis, according to a past article. These remarks align with his ongoing focus on startup resource optimization.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Did you like the article?

#Garry Tan

Editor's Picks for You

Buterin’s new vision: Why Ethereum wants to become digital gold

By Olena Litvinenko
16 hours ago

Buterin’s new vision: Why Ethereum wants to become digital gold

Editors' Picks

From affair to market crash: How the Nvidia scandal hit Bitcoin

By Anastasiia Chabaniuk
20 hours ago

From affair to market crash: How the Nvidia scandal hit Bitcoin

Editors' Picks

Shield AI’s Echodyne deal and the global counter-drone race

By Dmytro Kharkov
21 hours ago

Shield AI’s Echodyne deal and the global counter-drone race

Editors' Picks

All Editors' Top Picks

Latest Garry Tan News

Founder holds 50 percent and faces liquidity issues, Garry Tan notes

By Mikhail Vnuchkov
14.10.2026

Founder holds 50 percent and faces liquidity issues, Garry Tan notes

Market Voices

Garry Tan: Profit can replace Series A funding for startups

By Hanna Syniavska
12.10.2026

Garry Tan: Profit can replace Series A funding for startups

Market Voices

Garry Tan: Out of box finance agent speeds up company spend insights

By Hanna Syniavska
01.10.2026

Garry Tan: Out of box finance agent speeds up company spend insights

Market Voices

All Garry Tan News

Olena Litvinenko
16 hours ago

Buterin’s new vision: Why Ethereum wants to become digital gold

Anastasiia Chabaniuk
20 hours ago

From affair to market crash: How the Nvidia scandal hit Bitcoin

Dmytro Kharkov
21 hours ago

Shield AI’s Echodyne deal and the global counter-drone race

Pavlo Kot
Yesterday

From airline tickets to Ferraris: What can you buy with crypto?

Pavlo Kot
07.11.2026

Apartment or Bitcoin: Choosing a safe haven for your wealth

Ksenia Gerey
5 min ago

Anas Alhajji: Oil prices continue to decline with WTI below $86 and WCS around $62

Alena Volkova
10 min ago

Consistent five-year Bitcoin DCA delivers stronger returns than stocks, bonds, or gold, Stephan Livera notes

Eugene Komchuk
25 min ago

Fred Krueger: Some SP500 companies may face challenges from AI developments

Igor Krasulya
29 min ago

Charlie Bilello: Nvidia market cap drops $1.5 trillion after 25 percent drawdown

Mikhail Vnuchkov
30 min ago

Scott Melker: Coinbase, Kalshi, Kraken parent, DRW, Jump Trading and Paradigm seek to support CFTC authority

Top News

Ksenia Gerey
13 hours ago

Anthropic has no plans to delay IPO despite market selloff

Anthropic has no plans to delay IPO despite market selloff

Eugene Komchuk
15 hours ago

Hedge funds begin massive selloff of technology stocks

Hedge funds begin massive selloff of technology stocks

Oleg Tkachenko
18 hours ago

U.S. authorities grant Coinbase a banking charter

U.S. authorities grant Coinbase a banking charter

Olga Shendetskaya
19 hours ago

Oil prices fall after Trump's comments on Iran

Oil prices fall after Trump's comments on Iran

Pavlo Kot
21 hours ago

Binance, Tether and Trump-linked crypto firms face congressional scrutiny

Binance, Tether and Trump-linked crypto firms face congressional scrutiny

Top 5 companies for you

United States

Live News

Mélissa Bac
Now

Strategy buys $82 million in Bitcoin, raises holdings to 850,364 BTC

Mykhailo Ihnatenko
Now

Nvidia stock falls amid CEO scrutiny: Can buyers reclaim $178?

Anton Kharitonov
Now

EUR/USD targets 1.1200 as dollar weakens ahead of U.S. inflation data

Mykhailo Ihnatenko
Now

Ethereum slides as geopolitical risks trigger another $1B liquidation wave

Pavlo Kot
Now

Binance hackers still hold $3.1 billion in cryptocurrency after attack

© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186

Risk disclosure:

Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Disclaimer:

Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.
Disclosure of advertisers and revenues:

All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.