The innovative NFT lending and soon NFT perpetuals trading protocol TribeOne is planning on introducing new benefits and utilities to $HAKA holders, all via decentralized, on-chain governance. The proposals are already posted, so we can see what’s inside.
The need for better tokenomics
During the ongoing bear market, many protocols started facing inflationary pressure on their tokens, as demand and overall amount of capital in the market shrinks. RNDR, ATOM and many others started the discussion on sustainability of their token models, resulting in implementing “2.0” versions of their tokens. This often means lower emissions, additional use cases and deflationary/burning mechanics.
While focused on releasing their innovative NFT perpetuals trading platform, TribeOne doesn’t ignore the trends and sentiment of the market and joins other Web3 protocols in optimizing the tokenomics of their protocol’s token, $HAKA.
