šŸš€ What do you know about the Tokenomics of $ACA , the core token of the ecosystem #Acala on #Polkadot ? šŸŒ

šŸ‘‰ Below are some notable information:

Total fixed supply: 1.6 billion $ACA . Current circulating supply: 1,138,749,994 $ACA .

Burn mechanism:

šŸ”„ 1% of unused tokens each month will be burned.

šŸ”„ 20% of transaction fees are allocated to the burn mechanism. Relay Chain: Built on Polkadot, ensuring security and speed.

šŸ’” What does this mean?

1ļøāƒ£ Increased scarcity over time (due to the burn mechanism).

2ļøāƒ£ Optimized transaction fees for users.

3ļøāƒ£ High stability thanks to fixed supply.

šŸ‘‰ What do you think about the future of $ACA? Let's discuss!

#Polkadot #tokenomics