Everything you see on this page is changeable through community vote. DAO details will be coming very soon.
We took one of our favourite coin Sushiswap, and used it as the basis for our tokenomics. We made some alterations along the way to better suit our vision, keep things fresh and original, and improve the economics around the token. Compared to others like Sushi or Cake, KUS doesn't have an infinite supply.
KUS is the token that powers and flows through the KuSwap ecosystem. It allows holders to farm, enter into pools and swap on the exchange among many other things, all at a virtually feeless cost. The usecases of KUS will be evolving alongside the project with some things already in development.
The tokenomics of KUS can be broken down in the following way:
- Currently 1KUS per block and won't be changed by the protocol, will be governed by DAO.
- Up to 100% of the exchange trade fees are awarded to holders in the form of KUS tokens.
- 50% of swap fees are reserved for a scheduled buyback of the KUS token for burning, and the remaining 50% go to development.
Our goal is to come up with the most fair and equal distribution of the token supply so that early holders are heavily rewarded, while at the same time creating strong incentives for long term growth, encouraging new investors to join our ecosystem.
- This is the breakdown of the KUS supply:
- 350,000,000 → Total supply/hardcap
- 345,000,000 → Emissions
- →️ Farms / Launchpools: 85.7% per block
- →️ KuDrops: 4.3% per block
- →️ Holders Insurance: 1% per block
- →️ Team: 9% per block
- 2,000,000 → KuSwap Foundation Tokens (Development / Hiring) — Locked and Vested 24 months
- 2,000,000 → Marketing and Partnerships — Locked and Vested 24 months
- 400,000 → Presale including referrals
- 100,000 → Initial liquidity
- 300,000 → Reserved Liquidity
- 100,000 → Giveaways/Prizes — Locked and Vested 24 months
- 100,000 → Burned
We have TimeLocked our Marketing, KuDrops and KuSwap Foundation Tokens!
2,000,000 Marketing Tokens (Partnerships/Listings) are locked and vested for 2 years.
2,000,000 KuSwap Foundation Tokens (Development/Hiring) are locked and vested for 2 years.
100,000 KuDrops (Competition/Contests) are locked and vested for 2 years.
100,000 of the KUS from KuSwap Foundation have been burned
In creating the tokenomics for KUS we took inspiration from other successful AMMs we admire like Pancakeswap and Uniswap and combined the best aspects of each one in order to create a highly optimised token that users will appreciate holding and using.
One thing we would like you to takeaway from this: we will keep expanding KuSwap's ecosystem, increasing utility for KUS, we are here to stay and innovate.