How does the Luna Oni tokenomics work?

1 answers

• May 08, 2022 · 3 years ago
  At BYDFi, we have implemented a unique tokenomics model for Luna Oni. The token operates on a deflationary mechanism, where a percentage of each transaction is burned, reducing the total supply of tokens. This burning mechanism helps to create scarcity and potentially increase the value of the tokens. Additionally, a portion of each transaction fee is distributed to token holders as a reward for their participation. This reward distribution incentivizes holding and encourages users to actively engage with the Luna Oni ecosystem. The tokenomics also include features such as staking and liquidity pools, which provide additional benefits and opportunities for users to earn rewards. Overall, the Luna Oni tokenomics are designed to create a sustainable and rewarding ecosystem for our users.
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