Token utility
VOL tokens will be used as rewards for top Volana posts, and to pay transaction fees when uploading/commenting/sharing. The team will have 0%* pre-mined allocation but charge a minimum of 25% of all fees as royalties.
Users are incentivized to make new connections and follow and post on Volana.
Up to 75% of all fees charged in VOL will be burned.
The team is incentivized to focus on project growth as our 'royalties' are dependent on user acquisition and platform activity.
The token model is inflationary and the inflation % is capped at 5%. (More details coming soon).
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