💲Ekta Tokenomics

Ekta Tokenomics

Ekta’s deflationary system

  • Ekta has a periodic burning schedule. Each project launched on EktaChain will burn $EKTA tokens collected to reduce the supplies of $EKTA according to their specific use cases and keep our token economics deflationary.

  • The next major round of burns is scheduled for Q2, 2023. We'll update these tokenomics after the burns are completed.

Details on Ekta's token allocation

  • Team - These tokens are allocated to founding and non-founding members of Ekta.

  • Advisors - These tokens are allocated to advisors of Ekta.

  • Foundation - These tokens will be used for social benefit such as donations to public interest organizations or non-profit organizations.

  • Public Sale - These tokens are reserved for the public to purchase.

  • Bridge - These tokens are reserved for the cross-chain bridge use.

  • Staking Reward - These tokens are reserved for the rewards of staking pools.

  • DEX Liquidity Pools - These tokens are reserved for the liquidity pools of decentralized exchanges in which EKTA will list.

  • CEX Liquidity Pools - These tokens are reserved for the centralized exchanges in which EKTA will list.

  • Marketing - These tokens are reserved for marketing activities.

  • Partnerships - These tokens are reserved for business collaborations and partnerships.

  • Development - These tokens will be used for the long-term development of the Ekta Ecosystem.

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