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