VLK is designed to reward holders. Every single transaction made will result in a 6% fee: 1% is burned and
5% are instantly split among all holders.
Fees are awarded by the smart contract and are immediately available in the holders balance.
20% (8,000,000 VLK) of max supply correspond to a reserve for additional burns.
Every quarter, 50% of total burned fees accumulated during the quarter will be burned to increase
the rarity of the VLK token.
For a project to get listed on Vulkania, it requires a payment in VLK. 20% of this amount
is then burned to increase scarcity of VLK.
Once thousands of daily visitors start using Vulkania.io, we plan to build a system
which allows advertisers to pay for ads on dashboards. Payments will be made with crypto and a % of those revenues will be burned.
A premium plan allows users who have connected their wallet to Vulkania.io to unlock some premium features, depending
of the amount of VLK they hold.
Once we consider enough dashboards are listed on Vulkania.io, we will open an API
for people who want to access dashboard data (holders, transactions, price and more).
API usage will require a VLK payment.