Token Flow & Utility
Promoting a sustainable, deflationary token market
Last updated
Promoting a sustainable, deflationary token market
Last updated
The Lambda Vault burn mechanism will determine $LMDA scarcity.
Users must acquire + activate $LMDA tokens to interact with the Lambda 2.0 platform. $LMDA tokens once activated, are sent to the ‘Lambda Vault’ — that’s where the deflationary mechanism begins…
Availability of the LMDA token on decentralised markets should become increasingly scarce, promoted via a token burn mechanism.
10% of the LMDA tokens used to activate product features will be burnt, beginning at launch & lasting FOREVER. Once tokens are deposited into the vault, 10% of those tokens are burnt — never to hit the market again.
As the Lambda user-base and platform grows — availability of the LMDA token on decentralised markets should become increasingly scarce.
The price to unlock platform features + subscriptions are pegged to USD values but are paid by users in $LMDA. If $LMDA trades at a discount, the number of tokens required for access becomes higher and thus more tokens are burnt in the Lambda Vault.
$LMDA burning will commence when the $LMDA token portal closes on January 7th 2023 → this is where those who are early will realise the value of the launch burn.
As LMDA price decreases, tokens required for platform access increase and so too do the number of tokens burnt for each feature activation 🔥
During renewal periods and new platform feature releases there should be heightened demand for activated LMDA + thus the availability of the LMDA token on decentralised markets should become increasingly scarce in short bursts throughout the year.
The beauty of floating 90% of the LMDA token supply to users at launch is that we are able to promote a consistently deflationary market — instead of one that is ridden with inflation.