The KARMA token provides farming rewards to liquidity providers in the XOR-ETH pool on Polkaswap.
By participating in liquidity provision for this pool, users are rewarded with KARMA, encouraging more liquidity in the Chameleon pools.
KARMA also has a deflationary mechanism. During the initial mint, which ended on June 6th, 1 KARMA token was minted for every 10 million XOR burned.
After this initial minting, the KARMA token becomes deflationary, with 1% of minted KXOR used to buy back and burn KARMA tokens.
What is the highest value SORA Chameleon (KARMA) has ever reached?
SORA Chameleon (KARMA) reached its peak price at 1,310.86 $ on 22 September 2024, approximately a year ago ago. Presently, the current price is -34.9% lower than this all-time high.
What is the historical minimum price for SORA Chameleon (KARMA)?
The minimum price reached for SORA Chameleon (KARMA) was 187.8 $, documented on 26 October 2024, more than a year ago. In comparison, the current price is 354.37%, it above this historical low.
What is the fully diluted valuation of SORA Chameleon (KARMA)?
The fully diluted valuation (FDV) of SORA Chameleon (KARMA) stands at $ 104,866. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 123 KARMA tokens. The realization of this FDV might take several years depending on the emission schedule of KARMA tokens.