Nouvelles tokenomics: A Necessary Turn for the TADA Token
In the face of market pressure and the decline in the price of the TADA token, Ta-Da’s team has announced a series of strategic measures aimed at strengthening the appeal of their token while promoting sustainable growth. These initiatives are part of the second phase of their development plan, which aims to attract millions of users and ensure that the token’s market value more accurately reflects the evolution of the ecosystem.
Key Modifications to Support TADA
Ta-Da is implementing five major changes, including a reduction in the total supply and the introduction of a one-year lock-up period for private investors, the team, and advisors. These decisions aim to reduce selling pressure and align stakeholders with a long-term vision. The distribution, originally planned for December 2024, is now postponed by one year, delaying the unlocking of nearly 150 million TADA tokens, approximately 15% of the total supply.
Diversification of Liquidity Pools
To limit volatility and improve access to TADA, the distribution of liquidity pools will be diversified. Previously concentrated on a pool predominantly based on EGLD (80%) and another on BNB (20%), the strategy is now open to new possibilities:
- A stablecoin pool for greater stability;
- An ecosystem-based pool in line with Ta-Da’s interoperability roadmap;
- An AI partnership pool to encourage collaborations aligned with the company’s mission.
This approach will increase the reach of TADA by making it available in new ecosystems and expanding its user base.
Reducing Inflation and Adjusting Rewards
To control inflation, an initial 25% reduction in the Annual Percentage Rate (APR) has already been implemented in early November. Further adjustments will be made based on application usage and observed selling pressures. To maintain the interest of TADA holders, daily rewards now take into account the amount of tokens staked by users. This method encourages engagement while linking staking to an activity score that increases received benefits.
The ‘Big Burn’: An Initiative to Reduce Supply
One of the most emphasized aspects is the introduction of a token burn mechanism. Ta-Da commits to destroy at least 0.20% of the total supply every day for at least three months. This operation will be carried out from team allocations, treasury, advisors, ecosystem, and growth. This transparent process, observable on the blockchain and through a public dashboard, should result in a reduction of at least 18% of the total supply.
Daily Airdrops to Boost Activity
In addition to the burn strategy, 2% of the supply will be distributed to users daily. These rewards, calculated based on criteria such as in-app activity and the amount of TADA staked, will be vested over six months. The goal is to stimulate engagement while attracting new users who wish to contribute to data collection.
Disclaimer: This article is provided for informational purposes only and is not investment advice. Investments in cryptocurrencies carry significant risks, including the total loss of capital. Before making any financial decision, it is recommended to consult a qualified professional and to fully understand the associated risks. Digital asset markets are volatile, and each investor must carefully assess their risk tolerance.
Some members of the CoinAcademy team are investors in the Ta-Da project. (learn more)
