Plans for the Future
Last updated
Last updated
At Tokenomics Page, we said that we want to make $TEA Deflationary...
But how does that work on a farming token? Isn't it supposed to be inflationary? Yes and no. Remember that $TEA has a 5% Tax to Development Fund and liquidity raise. We believe that after emissions stop, all developing expenses will be covered, so the 5% tax will be pointing a dead wallet. Meaning that all 5% transfers will be burnt, making the circulating supply smaller over time.
Then $TEA will be a governance token in the ecosystem, and also an asset that raises value over time.