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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.
Last modified 5mo ago