🚀 What do you know about the Tokenomics of $ACA , the core token of the ecosystem #Acala on #Polkadot ? 🌐
👉 Below are some notable information:
Total fixed supply: 1.6 billion $ACA . Current circulating supply: 1,138,749,994 $ACA .
Burn mechanism:
🔥 1% of unused tokens each month will be burned.
🔥 20% of transaction fees are allocated to the burn mechanism. Relay Chain: Built on Polkadot, ensuring security and speed.
💡 What does this mean?
1️⃣ Increased scarcity over time (due to the burn mechanism).
2️⃣ Optimized transaction fees for users.
3️⃣ High stability thanks to fixed supply.
👉 What do you think about the future of $ACA? Let's discuss!
