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The following are Token $HAKA utilities, and upon holding the $HAKA in the wallet, users will enjoy various incentives.
Slot Allocation on NFT Financing, Depositors of cryptocurrencies in TribeOne will receive $HAKA.Exclusive access to NFT launches with our partner marketplaces.Additional discounts on loans, Collateral provided in $HAKA will be offered preferential rates as a reward.Quicker access to low to zero collateralized loans.If users settle their low- or zero-collateralized loan early, they will be rewarded in $HAKA.Lowered interest rates depending on staked value.P2P Claims Assessment & Governance right: $HAKA gives voting power over certain economic parameters such as interest rates, inflation levels, etc.$HAKA is allocated as an incentive for participating in risk assessment & Governance.$HAKA holders can grow their reputation and be rewarded for their contributions to TribeOne.Another additional feature of $HAKA is that we have a token burn in place, where 10% of the profit earned from every successful transaction is used to buy back/burn tokens, therefore, creating a deflationary ecosystem. The burn will continue till the total supply is reduced to 50% hence more value for money for $HAKA holders. We foresee TribeOne being a bridge between the traditional banking users and the DeFi space so we can bring greater adoption within the crypto ecosystem by providing user-centric financial products.
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