My notes on $HAKA: - Designed with mechanisms in place that e | Blood's Sanctum

My notes on $HAKA:

- Designed with mechanisms in place that ensure its supply reduces over time whereas demand increases with increased protocol usage - this leads to a gradual increase in the token’s valuation itself.

- $HAKA’s circulating supply is locked up within our ecosystem when an investor stakes

- $HAKA is collateralised to issue loans to borrowers on TribeOne’s platform to finance a range of unique NFTs,

- 80% of the proceeds from the sale of this NFT belong to the custodian, and 20% is used by the TribeOne platform to buy back and burn $HAKA.

- The burning of this platform fee is another mechanism which conduces a deflationary effect by reducing the circulating supply of $HAKA.