Did you know that $ITLG is designed with three token-burning mechanisms operating in parallel?
Here are the three main mechanisms:
1. Burn from Inactive Accounts
1% of the total ITLG supply recovered from inactive accounts will be permanently burned.
2. Buyback Through the InterLink Labs Fund
A portion of the InterLink Labs Fund is used to purchase ITLG tokens from the market, which are then permanently burned.
3. Buyback Through ITLX DeFi Revenue
100% of the revenue generated by ITLX DeFi is allocated to purchasing ITLG tokens from the market and permanently burning them.
🔥 Why Do These Mechanisms Matter?
These three mechanisms are designed to gradually reduce the circulating supply of ITLG.
As ITLX activity and revenue grow, the volume of tokens that could potentially be repurchased and burned may also increase.
Ahead of Open Mainnet, ITLX is expected to serve as a liquidity bridge connecting InterLink Chain with other blockchain networks.
What About Staking?
Staking is another participation mechanism that users can utilize to support the ecosystem and maximize their involvement in the InterLink network.
Keep in mind that a reduction in token supply does not automatically guarantee a price increase. Its actual impact still depends on demand, utility, liquidity, and the overall development of the ecosystem.
Your actions determine your position. 🔥
#InterLink #ITLG #ITL #ITLX #TokenBurn #Tokenomics #Staking #DeFi #Web3
