Introducing KokomoSwap, A fun & easy AMM DEX on BSC
We have our docs ready for you with details. But some may be a little lazy and don’t have enough time to read every detail in the docs, so we summarized our project in a few words. Maybe more than just a few words. 😜
Summary of KokomoSwap
- Easy & Fun : KokomoSwap is a Binance Smart Chain based AMM DEX designed to have easy and fun transactions of crypto assets with profitability.
- Popular token pairs are ready : Large communities or high volume tokens on the Centralized Exchange or Ethereum-based DEX. (The team will add more pairs continuously.)
- A better reward for $KOKOMO stakers 🚀: For single KOKOMO staking pool, stakers will take a certain percentage of minted Kokomo Tokens, $KOKOMO. It has 25% of the total pool in the early stage.
- There was No Pre-sale, No VC, No Institution in KokomoSwap. Only community holders.
- Security First : We use codes that are already proven for a long time by the communities from Uniswap, PancakeSwap, and others. Moreover, we are currently under review by the top-tier auditor and will soon disclose the audit report.
- A Skilled Team 🙈: Each member has a different but professional background in the crypto scene, including crypto exchanges, blockchain platform development, crypto fund, etc. since 2016
- Community Driven : We will keep adding token pairs based on the community’s needs and boost the reward for pairs that the ecosystem needs and the community wants. The team will also develop community-friendly(with fun) various burn & lock models constantly..
$KOKOMO?
- $KOKOMO is the native governance token of KokomoSwap Protocol, and at the same time, it is the reward token for users. Token holders will soon have voting power in our decentralized governance.
- Our team will constantly develop a proper burn model for Kokomo Token through governance to increase the token value. Therefore more benefits go to the community and token holders.💰
$KOKOMO distribution
- For every block, 40 $KOKOMO is minted. The distribution ratio of minted $KOKOMO is 15% for the team, 15% for development and community, and 70% for LP. Our team will burn unused tokens for the development and community pool and develop more precise tokenomics with a long-term vision.
Trading fee structure
0.2% trading fee, which is broken down as follows:
- 0.15% return to liquidity polls in the form of a fee reward for liquidity providers
- 0.05% — buyback KOKOMO. Buyback tokens will be used for growing the ecosystem.
Farming reward distribution
- Like other DEX, Uniswap, and PancakeSwap, by staking LP tokens in the farm, users earn $KOKOMO
- Newly minted $KOKOMO from each block will be distributed to each farm based on a specific ratio, and users will earn tokens by their LP shares.
- For single KOKOMO staking pool, stakers will take a certain percentage of minted $KOKOMO. It has 25% of the total pool in the early stage.
Initial LP Pool & Farm
- Single KOKOMO staking pool
- KOKOMO — BUSD
- USDC — BUSD
- USDT — BUSD
- ETH — BUSD
- BTC — BUSD
Notice!! We are currently in a boost period called “Full Moon” to celebrate KokomoSwap launching. Normally 40 KOKOMO per block is generated, but there is a boost for our early contributors during the Full Moon period. For the next 4 weeks, Boosts are 8x, 2x, 4x, 2x, and an extra 32,256,000 KOKOMO will be distributed for the community event. You can check detailed info. of “Full Moon” from the previous posting(URL : https://cutt.ly/Qb0bJYw).
So, that will be it for now!
If interested in our project, you can always check our docs at https://docs.kokomoswap.io/.We think docs are such good guidebooks and maps for staying on Kokomo Island.
Let’s chill!🏖
