🪙Tokenomics
Tokenomics can be difficult - but it doesn't have to be! Take a bite off these snack sized FAQs and feast yourself on Toke-knowledge 🍿
What's the TAKA token?
Think of the TAKA token as the glue connecting different tDAOs. It's the native cryptocurrency of the Takadao ecosystem, designed to power mutual protection DAOs (tDAOs) within the ecosystem. It allows for membership fee payments, earning benefits, and participating in ecosystem governance.
What's the TAKA token good for?
TAKA tokens are your all-access pass to the Takadao ecosystem! Use them to cover your tDAO membership fees and get hooked up with better Benefit Payouts. Pay with TAKA, and you’ll snag a discount on protocol fees and bonus membership credits, which means bigger rewards when you make a claim.
What's the TAKA token good for?
TAKA tokens are your all-access pass to the Takadao ecosystem! Use them to cover your tDAO membership fees and get hooked up with better Benefit Payouts. Pay with TAKA, and you’ll snag a discount on protocol fees and bonus membership credits, which means bigger rewards when you make a claim.
How does TAKA get a boost from the rePool?
The rePool is a unique feature in the Takadao ecosystem where TAKA token holders can lock up their tokens and earn rewards. It also acts as a backup fund for tDAOs, offering financial support in case of unexpectedly high losses. This setup keeps the ecosystem steady and helps maintain the TAKA token's value.
What's the Buy Back & Burn (BBB) mechanism?
Takadao takes 25% of its revenue to buy back TAKA tokens from the market and then burns them. This reduces the total supply, which can help push up the token’s price—a nice bonus for long-term holders.
What’s the total supply of TAKA tokens?
There’s a fixed total of 1 billion TAKA tokens. If there’s ever a need to increase this number, it can only happen through a community vote according to Takadao’s governance rules.
How are TAKA tokens split up?
Core Team: 20%
Equity Investors: 15%
Future Coin Offering: 10%
Reserve Treasury: 40%
Ecosystem Incentive Programs: 15%
What are the vesting and lock-up periods for TAKA tokens?
For the core team and investors, TAKA tokens are locked up for 12 months. After that, 25% of the tokens are released, and the rest are gradually distributed over the next two years.
Can TAKA tokens be traded right after launch?
That depends on who you are. For the core team and investors, TAKA tokens are locked up for 12 months, followed by a slow release over the next 36 months. After the first year, 25% of the tokens are yours to play with, and the rest are unlocked monthly over two years. But tokens from ecosystem incentive programs, like airdrops, can be used right away.
