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SORA Chameleonkarma
karma

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Updated 6 months ago by

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KARMA | SORA Chameleon Crypto Research

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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.
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