Fair and Sustainable
zkMoonSwap's Token Allocation and Buyback Mechanism
The zkMoonSwap team has decided to allocate 15% of zkMoon tokens to the development of the project, including ongoing maintenance, research and development, and community management. This allocation is intended to support the growth of the project and ensure its continued success in the competitive decentralized finance space.
Buy back & burn
In addition, the zkMoon protocol will also implement a buyback and burn mechanism, where a portion of the income generated by the protocol will be used to buyback zkMoon tokens from the market. The buyback tokens will then be sent to a dead address, effectively removing them from circulation and reducing the overall supply of zkMoon tokens. This mechanism creates demand for zkMoon tokens and has a positive effect on the price of the token.
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