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USDC stable settlement with an AKT take-and-burn tax

Most UNDERRATED Cosmos GEM? Akash Network Deep Dive with Greg Osuri! (Cryptocito)

“We’re going to settle using USDC, but you pay a tax to AKT holders in order to use USDC. That tax will be further used to fund the development of the platform… and part of that fees is going to be burned by actually purchasing AKT off market using Osmosis or whatnot.” — 00:53:55

Context: Tokenomics upgrade to fix volatile pricing for long-running workloads; spec expected “in like two weeks,” economics live “in a couple of months” if governance passes.

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