TechFlow news — According to an official announcement, HashKey Group has unveiled its ecosystem token HSK to empower sustained growth across businesses within its ecosystem.
HSK will be used to reward and incentivize users and partners who contribute to the ecosystem’s development.
The total supply of HSK is capped at 1 billion tokens, with 65% allocated for ecosystem growth, 30% for the team, and 5% for reserves. HSK tokens will be periodically repurchased from circulation and burned to offset the dilutive impact of reward distributions.
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