Token Value Accrual: Buy Back & Burn (BBB)
Value accrual is implicit in good token design. Correct value accrual mechanisms boost the underlying ecosystem generally and incentivise token holders to keep the token for the long term. With the TAKA token, there are two mechanisms for value accrual that are enabled by Takadao revenue from Protocol and Service Agreement fees. The rePool is the first as described above and Buy Back & Burn (BBB) is the second.
25% of Takadao’s revenue is allocated to buying back the circulating supply of TAKA tokens. These repurchased TAKA tokens will be burned which in turn reduces the circulating supply and creates upward price pressure.
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