Token Generation
The Koii tokenomics universe is anchored by a initial total supply of 10 billion KOII tokens, ensuring scarcity and long-term value stability. Inflation begins at an initial rate of 5%, gradually tapering by 15% annually until it stabilizes at a terminal rate of 1.5%. This controlled inflation mechanism supports early network growth while ensuring stability as the network matures.
The token supply is divided into circulating and non-circulating portions. The circulating supply represents the tokens actively used within the ecosystem, while the non-circulating supply encompasses reserves allocated for network incentives, development, and foundational operations.
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In addition to the standard inflationary measures, Koii introduces a unique account rent mechanism. Every account that stores data on the chain must either pay rent or hold enough KOII tokens to achieve rent-exempt status, ensuring efficient utilization of storage resources and encouraging active ecosystem participation.
Further enhancing the tokenomics, Koii implements a mechanism where 50% of gas fees are burned. This policy not only mitigates the effect of inflation as transaction volume increases but also introduces a deflationary aspect to the economy over time, promoting long-term sustainability and health of the network.