Tokenomics

LET (Loka Energy Token)

1min

Loka Energy token is the only currency the platform accept to pay electricity for each contract. We’re tokenizing the electricity bill using this token.
Usage and properties
LET is available only in Loka platform, with fixed price of $0.01 (1 cent) per LET with 1% fee buyer’s premium.
LET is automatically burn by the NFT vault control based on the daily energy consumption of each mining contract NFT
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Mining Contract NFT

LOM (Loka On-Chain Mining)Token