Tokeconomics
Tokeconomics y and Token Public Offers details
Token Design
The KUULKOIN token is based on a deflationary system in which users and consumers will have access to functionalities such as those described above through a limited number of tokens (200 million).
Some actions that can be performed to ensure the value of the token are as follows:
Access to functionalities through blocking KUUL tokens.
Access to functionalities through the expenditure (burning) of KUUL tokens.
Access to functionalities through blocking + spending of KUUL tokens.
Access to these functionalities through any of the above actions will be reflected in FIAT money so that by increasing the value of the token, the tokens necessary for access to this type of functionalities will not increase, making a sustainable model over time that the higher the value of the token, requires less of them.
KEKUUL also, and with the aim of increasing the value of the KUUL token and attending to the needs of the market, reserves the right to burn KUUL tokens.
Release Reason:
Create a community.
To finance the next stages of development of KEKUUL products.
Expand the team to meet new challenges.
Consolidate the product at the national level.
Token offering information:
KEKUUL will offer up to 35% of the total tokens generated, through the web https://www.kuulkoin.kekuul.com during the subscription period indicated in the section "Details of the token offer event".
Token Burning
The act of burning a coin refers to the reduction of the number of tokens in circulation, increasing their theoretical value due to the increase in their relative scarcity. Burning tokens effectively reduces supply, which increases their relative scarcity.
In the interest of maintaining a healthy market, token buyback and burning can occur every quarter or semester depending on market dynamics and growth. This will create a favorable deflationary pressure for the token according to the law of supply and demand.
Token Flow (Lockup)
In order to improve the usability and distribution of tokens in the market, KEKUUL will make it impossible to transmissibility tokens during the periods indicated for each holder (Lock-up Period).
Vesting Period
At the end of the Lock-Up Period according to each phase, the Vesting Period will begin which consists of a progressive release of the token transfer block by users within a period established according to the phase in which you have acquired the token.
In other words, at the end of the corresponding lockup period for the token, a certain percentage of tokens will be released month by month progressively (according to the term established in each phase) in order to be transferred.
DEX Liquidity:
Liquidity mining programs will reward users for locking their tokens and providing liquidity. This pool will be used to provide solvency in exchanges, both in the DEX and CEX systems. A portion of the tokens issued will also be reserved to add and lock liquidity on decentralized exchanges such as PancakeSwap.
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