💲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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