SORA Chameleon KARMA
KARMA
560.52
$
21.15 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 5.240
Total Supply
123
KARMA
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
The KARMA token provides farming rewards to liquidity providers in the XOR-ETH pool on Polkaswap.
By participating in liquidity provision for this pool, users are rewarded with KARMA, encouraging more liquidity in the Chameleon pools.
KARMA also has a deflationary mechanism. During the initial mint, which ended on June 6th, 1 KARMA token was minted for every 10 million XOR burned.
After this initial minting, the KARMA token becomes deflationary, with 1% of minted KXOR used to buy back and burn KARMA tokens.