Saakuru Source
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  • Welcome to Saakuru Source
  • Introducing the Saakuru Labs
    • Web3 Gaming Industry
    • Web3 Game Development Business
    • Web3 Game Developer Stack
  • Saakuru (SKR) Token
    • Trade
    • Tokenomics
    • Developer Layer
    • DeFi Layer
    • Governance Layer
    • Lossless Protection Layer
    • Transparency Portal
    • Contracts
  • Saakuru Games Incubation Program (SGIP)
  • Saakuru Games Publishing Program (SGPP)
  • Saakuru Blockchain
    • The Mission
      • The Problems
      • The Solution
      • The On-Chain Effect. Web2 -> Web3
    • Explorer
    • Architecture
    • Security
    • Scam Resistance
    • Gasless Transactions
    • Environments
      • Verify Contract on Saakuru Explorer
    • Developer References
    • Adding Network to Wallet
      • Saakuru -> Saakuru App
      • Saakuru -> MetaMask
      • Saakuru -> Trust Wallet
  • Saakuru Game Developer Suite
    • Self-service Portal
    • Saakuru Blockchain
    • Wallet SDK - The Seamless Backend Wallet Solution for Games
      • FAQ: How to Choose the Right Web3 Wallet for Your Game
    • Tokens SDK - The Ultimate Asset Management Solution for Web3 Games
      • FAQ: Web3 Tokens in Gaming – Everything Game Studios Need to Know
    • Characters SDK: Morfable NFT Characters for Immersive Web3 Gaming
      • FAQ: How NFTs Work in Web3 Gaming and the Role of Charact3rs Service
    • Market SDK: Seamless In-Game Marketplace Integration (Coming 2025)
    • Collect Service: Simplifying In-Game Event Data for Web3 Gaming
    • Pricing
  • Roadmap
  • Investments to Games
  • Core Team
  • Ecosystem partners
  • Games
  • Open Job Positions
  • Appendix
    • Official Links
    • Disclaimer
    • Legal Notice
    • Marketing Kit
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On this page
  • Overview of SKR token
  • The Demand Model
  • The Burning Model
  • Allocations
  • Transparency Portal
  • Summary
  1. Saakuru (SKR) Token

Tokenomics

The Saakuru token is a multi-purpose (utility & governance) token of the Saakuru Protocol with a burning mechanism that constantly reduces the total circulating supply.

Overview of SKR token

Property
Details

Abbreviation

Saakuru (SKR)

Token Type

ERC-20

Total starting supply

1,000,000,000 SKR

Current total supply

https://portal.saakuru.com

Decimals

18

SKR (Saakuru)

SKR (BNB Chain)

SKR (Base)

SKR (Optimism)

SKR (Ethereum)

Main Chain

Saakuru Network

  • The starting total supply of Saakuru token SKR at Saakuru Network is 1,000,000,000.

  • Governance: SKR token holders can vote on network governance decisions on the Saakuru Protocol

  • Developer whitelisting Model: Developers can reduce their monthly payments for Saakuru Network & Developer Suite usage by Staking SKR tokens.

  • Network Fees: Saakuru Blockchain and Product suite is 100% free for users (Gas-less). We have a delegation model with which Gas fees are absorbed by the network operator.

  • Native Liquidity & Collateral: The SKR token can be used on the Saakuru Network to serve as native liquidity and collateral.

The Demand Model

The more active the ecosystem becomes - the higher the demand will grow. This model enhances the model and encourages games and other types of applications to use blockchain as a usual part of the internet software infrastructure.

If the developer is no longer capable of supporting the launched product, the DAO can vote to disable access to his smart contracts and other products from the developer product suite.

The Burning Model

Saakuru (SKR) token on the initial release date is released with a fixed amount of 1,000,000,000 SKR.

The reduction of total supply is executed on the several layers of protocol.

  1. Governance Layer - The SKR token is used as a voting token for the governance model. 5% of tokens used to initiate the review process are burned.

Allocations

*allocations are subject to change.

Transparency Portal

To provide a transparent overview of the ecosystem's growth, Saakuru has launched a transparency portal. Its initial purpose is to provide a transparent source of information about the ecosystem's growth and token usage. Moreover, users will be able to perform all the most important cross-chain & DeFi actions in one place (Fiat-on-ramp, swap, bridge, etc).

Summary

The Saakuru Protocol leverages its SKR token for governance and a unique economic model. With an initial supply of 1 billion tokens, SKR enables voting on network decisions and offers a staking system for reduced developer costs. The protocol ensures a gas-less experience and an accessible and efficient environment. Demand for SKR is driven by developer credits and their utility. A key feature is the token's burning mechanism, reducing SKR's total supply through transaction fees, DEX operations, governance actions, and a protection layer. This approach aims for sustainable and participative growth of the Saakuru ecosystem.

PreviousSaakuru (SKR) TokenNextDeveloper Layer

We created a credit-based system for system usage to keep Saakuru Blockchains' gas-less nature and ensure that the ecosystem is growing fast. The developer is charged based on by the network operator and software provider Saakuru Labs.

To make his solution cost-effective, the and refill his credit balance every Month based on the amount staked on the first day of the month.

- Saakuru Labs provides a wide range of products and services, each with its own business model. 10% of the profit will be used to burn the token. The rate will be evaluated and adjusted each quarter.

- facilitated by Taffy DEX technology, 0.005% of every fee collected from on-chain and cross-chain transactions throughout the Taffy DEX protocol is converted to SKR tokens and burned.

- The SKR token is burned in case the SKR token protection mechanism is triggered. 3% of saved tokens will be burned.

the pricing
developer can Stake SKR tokens
Developer Layer
DeFi Layer
Protection Layer
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