Token Value Accrual: Buy Back & Burn (BBB)
Last updated
Last updated
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.
is allocated to:
% Allocation
Value accrues to
Buyback & Burn
25%
Token holders
rePool Staker yield
10%
Token holders that are rePool stakers
Reserve Treasury (yield generating)
10%
Takadao treasury controlled by token holders
Takadao (for operational costs)
55%
Takadao team & investors
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.