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https://youtu.be/wHvZ29bKUig?si=D7cFlFRskuAoBits
<aside> 🪐 $SKYA is a community currency, enables benefits, functions and access across the Sekuya ecosystem. $SKYA aims to be useful for 10 million people and with deflationary concept, burning up to 50% of the supply as per marketcap roadmap.
$SKYA has multiple use cases including staking and burning, and it’s also utilized within the ALICE platform where SKYA is pegged 1:1 with ALICE. Through ALICE, users can purchase various types of Digibadges such as in-game collectibles, tickets, vouchers, donations, Real World Asset (RWA) participation and many more.
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Sekuya ecosystem ****drives technology adoption in communities through gaming, racing, lifestyle and entertainment. ****$SKYA enables diverse functions and seamless access throughout the experience.
To improve sustainability of the token and its value accrual Sekuya Multiverse will redirect a portion of its revenues to improve rewarding systems.
Smart Contract:
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$SKYA minting function can only be triggered by bridge contracts to Base and BNB Chain using a burn-and-mint mechanism. These contracts have been audited by Hacken via SingularityDAO and reviewed by Chainlink’s CCIP internal audit. The deployer has also renounced the MINTER_ROLE, ensuring the process is secure and trustworthy.
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Sekuya’s burnsystem is inspired by CZ’s market cap-based unlock model (https://x.com/cz_binance/status/1895837657613078574), but with a unique twist. Instead of unlocking more supply as market cap grows, Sekuya uses it as a benchmark to burn tokens—permanently reducing supply. This deflationary approach aims to increase token value over time and align supply with real ecosystem growth, reinforcing long-term sustainability and community trust.