🪙TAKA Tokenomics Litepaper
The TAKA Tokenomics Litepaper shows how the TAKA token fuels Takadao’s mission to revolutionize insurance with community-driven, Shariah-compliant solutions. 🚀
Last updated
The TAKA Tokenomics Litepaper shows how the TAKA token fuels Takadao’s mission to revolutionize insurance with community-driven, Shariah-compliant solutions. 🚀
Last updated
The TAKA Tokenomics paper breaks down how the TAKA token fuels Takadao's ecosystem of community-driven insurance alternatives, known as tDAOs. Think of it as a way for people to band together and protect each other, without needing a big insurance company. The first of these, The LifeDAO, is all about offering a Shariah-compliant life insurance option for Muslims who’ve been left out by traditional offerings. But that’s just the start—more tDAOs like The HomeDAO and The MedicalDAO are in the pipeline.
TAKA is the glue that holds everything together. It lets you pay your tDAO membership fees, with a sweet discount on the protocol fees, and boosts your benefits. Plus, TAKA holders can join the reprotection pool (rePool), which helps tDAOs when times get tough, while also earning some juicy rewards.
To top it all off, TAKA’s value is set to grow with mechanisms like Buy Back & Burn (BBB), which reduces supply and keeps prices climbing. With a fixed supply of 1 billion tokens, a clear plan for how they’ll be used, and a vesting schedule that rewards long-term commitment, TAKA is designed to keep the Takadao ecosystem strong and thriving.
