Elasticity
Elasticity feature exemplifies CAPA's adaptive nature. It ensures that as the token supply approaches defined limits, a strategic reset occurs, fostering an ever-evolving and sustainable ecosystem.
In the dynamic landscape of CAPA Meme Nation, the Elasticity feature introduces a unique mechanism known as the Relaunch. This feature plays a pivotal role in maintaining the vibrancy and longevity of the ecosystem by resetting the total token supply to 1 billion tokens after specific triggers are met.
Key Components:
Token Burn Progression: With each transaction and penalty event, the CAPA token supply undergoes a continuous reduction, contributing to scarcity and value appreciation.
Relaunch Trigger: The Relaunch event is triggered when either the total token supply reaches the predefined threshold of 100 million tokens or when 365 days have passed from the genesis of CAPA Meme Nation.
Relaunch Process: Upon the occurrence of the Relaunch trigger, a major protocol event unfolds. The current ERA concludes, and the protocol enters a Relaunch phase. During this phase, the total token supply is reset to 1 billion tokens, marking the beginning of a new ERA.
Related Q&As :
Q. How does the Elasticity feature contribute to the sustainability of CAPA Meme Nation?
Ans : The Elasticity feature enhances the sustainability of CAPA Meme Nation by introducing a controlled reduction in the total token supply over time. This deliberate reduction, facilitated through token burns and penalties, creates scarcity and value appreciation. The cyclical nature of the Elastic Model, marked by Relaunch events, ensures that the ecosystem remains adaptable, preventing excessive depletion of resources and fostering long-term sustainability.
Q. What are the specific triggers that lead to the initiation of the Relaunch event?
Ans : The Relaunch event is triggered by two specific conditions: when the total token supply reaches the predefined threshold of 100 million tokens and when 365 days have passed from the genesis of CAPA Meme Nation. These triggers serve as checkpoints, ensuring that the ecosystem undergoes a strategic reset periodically. The Relaunch event marks the beginning of a new Season, rejuvenating the ecosystem and maintaining its dynamic equilibrium.
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