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Tokamak describes itself as the first treasury backed token of Solana Blockchain that is not a "fiat tethered stable coin". With %30 beginnig allocation for treasury it aims to raise the percentage of treasury by time via investing in blue chip NFTs of Solana, reputable Solana projects, newly developing quality Solana projects and noteworty Solana bridged coins.
Tokamak Token is launched on April 14, 2022 with 500 million TKMK tokens created at genesis. 15% of total supply is issued each year (for 3 years of period) to support the network as farming rewards, 2/3 of tokens are locked/vested for three years by proven smart contract transactions. As our mint is locked at genesis no more TKMK tokens will be minted ever.
As TKMK treasury gets more valuable TKMK token aims to use the treasury money to buy back TKMK and burn it. With this deflationary model it aims to not only sustain a price level but also increae the value of each TKMK token.
