Token Stability

Token Stability

As mentioned above, in order to maintain a healthy market, KEKUUL will take various actions to maintain the stability of the KUULKOIN.

Lockup. Token Retention Periods

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 above for each holder.

Vesting.

Vesting refers to the progressive release of tokens during the period indicated for each holder. That is, if you indicate a vesting of 3 months the tokens will be released proportionally in 3 months to the holder to be transferred.

Holders Rewards. KUULKOIN Retainer Commission

As mentioned above, KEKUUL's business model is to charge fees regarding the use and transactions made by users in any of the sections of the platform, that is, in the Freelance section or in the Crowdfunding section. In that sense, 1% of the commissions charged by KEKUUL, will be used to reward people who block and retain the KUULKOIN.

This will incentivize the retention of the token by the holders, providing greater liquidity in the DEX and increasing its market value.

L.P. Increase

Abbreviation for "Liquidity Pool". It is a collection of funds locked into a smart exchange contract. Liquidity funds are used to facilitate decentralized trading, lending, and many more DeFi features.

In that sense and as mentioned above, KEKUUL's business model is to charge fees regarding the use and transactions made by users in any of the sections of the platform, that is, in the Freelance section or in the Crowdfunding section. Therefore, KEKUUL will allocate 5% of the fees charged on the platform (both in the FUND and FREELANCE category) for the LP. With this, the value of the token will steadily increase and there will be liquidity in the market.

Frequently Asked Questions

What is the KUULKOIN Token and how does it work?

KUULKOIN is a 100% Mexican Utility Token based on Binance Smart Chain Blockchain technology. The KUULKOIN Token is a token represented through a Utility Token with which services, products and benefits related to the KEKUUL platform can be obtained.

It is a type of token that as the name says, has a certain use. It allows anyone who has one in their possession, to access products and services provided by a private.

How can I acquire the KUULKOIN Token?

It is necessary to have a Crypto Wallet in order to acquire the KUULKOIN Token.

Is this product regulated?

The advantage of Utility Tokens and the ecosystem of cryptocurrencies in general, is the "decentralization" so there is no "central" body that regulates it, the regulation and validation is carried out by the Users themselves.

When will the KUULKOIN Token be launched?

Private access will be in February 2022

What payment methods can I use?

You can acquire the KUULKOIN Token through a crypto wallet, card payment or bank transfer.

What are the requirements to acquire the KUULKOIN Token?

As we have always done, we want to extend the benefits of KUULKOIN to as many people as possible, so the only requirement is to be a user and complete a registration, decide the number of tokens to acquire.

Can the KUULKOIN Token be hacked?

Being a token based on the BEP-20 standard of Binance Smart Chain is backed by Blockchain technology, which is practically impossible to hack. In Blockchain technology, data is not stored on a central server, but on a huge network of computers, which constantly checks and validates whether the records are accurate, so hacking it would involve accessing each and every node in the network at the same time, which is not possible.

On which network does the KUULKOIN Token work?

It works on the Binance Smart Chain network following the BEP-20 standard.

What is the Binance Smart Chain BEP20 network?

Binance Smart Chain has a BEP20 token standard that works similarly to Ethereum's ERC20 standard. BEP20 is a developer-friendly token standard that allows anyone to deploy fungible digital coins or tokens on Binance Smart Chain. In addition, leading digital assets in other chains can be transferred to Binance Smart Chain in the form of linked BEP20 tokens.