We believe in transparency, sustainability, and a fair distribution of benefits to all token holders. Below, we delve into the details of our tokenomics:
One of the cornerstones of the $HOLA tokenomics is our robust Buy-Back and Burn mechanism. 5% of $HOLA’s revenue will be used to buy back $HOLA tokens from the open market. These purchased tokens are then permanently removed from circulation, effectively reducing the total supply over time. This process serves not only to control inflation but also to reward our long-term holders, as the scarcity of $HOLA tokens increases with each transaction.
We believe in simplicity and ease of use. To encourage adoption and trading within the $HOLA ecosystem, we have implemented a 0% tax on transactions for both buy & sell. This means that transactions are free from additional fees or taxes, promoting a frictionless experience for our community.
A portion of our token supply, equivalent to 5% of the total, has been permanently burned at the project's inception. This strategic decision further contributes to token scarcity, reinforcing the potential for long-term value appreciation. A deflationary model can lead to increased demand, as token holders recognize the inherent value in holding a limited and increasingly rare asset.
10% of the total $HOLA token supply is allocated to the HOLA ecosystem's development fund. These tokens are locked and will be released as required to support the growth and sustainability of the project. The locked tokens are a testament to our commitment to building a thriving ecosystem and ensuring its continuous improvement. As we hit key milestones, these tokens will be strategically utilized for partnerships, marketing, and other ecosystem-enhancing initiatives.