Introducing UTK 2.0 - The Tokenomics Upgrade That Will Transform

Question

Introducing UTK 2.0 - The Tokenomics Upgrade That Will Transform

The Utrust Token Into A Powerful Digital Currency Ready For Global Adoption

Today is a big day for Utrust and Elrond. It is the day we present a new economics model for UTK 2.0.

One designed to reshape payments, putting Utrust, its community and merchants at the epicenter.

• powerful and new utility
• a potent value accrual mechanism
• a new economics model
• remarkable bootstrapping process
• a much wider distribution to a larger community

Time to enter the next level.

Read more: https://elrond.com/blog/utk-new-tokenomics

Retweet: https://twitter.com/beniaminmincu/status/1493975243941101572?s=20

#blockchain #cryptocurrency #elrond #english

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16.02.2022

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Martin · Accepted Answer

@beniaminmincu - I have a couple of question in relation to the new UTK 2.0 tokenomics and one of your tweets in relation to it: "21/ Thus, although the economics model starts with an inflationary 1.4 billion supply, with enough adoption, growth, and token burning, the model will transition to deflationary, *burning all supply until only 250m $UTK remain*." 1) when would you expect this to happen? Given current TXs on UTRUST and the expected growth projection. 2) why stop burning at 250milion tokens? Wouldn't it be more valuable to token holders and the network to leave it open to burn forever? Hope to hear from you. Exciting times ahead💥

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