Tokenomics
1min
Loka aims to be community circular economy platform, in which significant percentage of the fees generated will be distributed back to community treasury:
- 2.5% profit from the mining contract NFT sales
- 1.25% fee from bitcoin mining yield for each active mining contract
- 0.5% premium from energy via LET (Loka Energy Token) sales
All fees area accrued in the treasury which is owned by the community where the ownership is represented by LOM token.
LOM token holders can redeem the fees accrued by burning the token, but each burn-redeem action will increase the value of treasury hold by other holders who still hold the token.
