Does Kadena burn coins?

Upon the initial launch, a strategic decision was made to burn 1% of the total tokens. This move aimed to create scarcity and increase the value of the remaining tokens over time.

Over the subsequent two years, a gradual release of 9% of the tokens was carefully orchestrated. This allocation was divided into two distinct groups: contributors and investors/strategic collaborators.

By maintaining a significant portion of the tokens in the platform share, the network's leaders could ensure that they had the resources necessary to continue innovating and improving the platform, while also fostering a strong and vibrant community of users and stakeholders.

For the contributors, who played a vital role in the early stages of development, 3% of the tokens were allocated. This served as a token of appreciation for their hard work and dedication.

Meanwhile, investors and strategic collaborators received 6% of the tokens. This allocation was designed to incentivize investment and foster strategic partnerships that would drive the growth and success of the network.