King of Defi proudly presents KIH !
With KODX being the engine behind our lending platform, KIH will work as the driving force of our Governance functions.
Tokenomics
Ticker : KIH
Max supply :10000
Presale : NO
9000 KIH is reserved for mining
1000 KIH is reserved for liquidity providing and further developments
What is a governance token ?
Governance tokens are tokens that developers create to allow token holders to help shape the future of a protocol. Governance token holders can influence decisions concerning the project such as proposing or deciding on new feature proposals and even changing the governance system itself.
In many cases, the changes proposed, vetted and then voted on through on-chain governance accessed by using governance tokens are applied automatically due to smart contracts.
Proponents of systems that use governance tokens believe that they allow for user control, which holds true to the original cryptocurrency ideals of decentralization and democratization. In most cases, organizations who let users control the development of their systems are called decentralized autonomous organizations . These functions enroll in the KODX ecosystem before the end of Q1 and will assemble KODX its DAO .
How can you get KIH ?
With the launch of KIH we will be deploying 2 additional mining pools !
Lets break them down:
Pool A : Stake KODX and mine KIH with 0% fee . But your KODX will be locked for a 7 day period ! 50% APY
Pool B : Stake TRX mine KIH with a 5% fee . But NO lockup period for TRX. 25% APY
In the near future we are releasing another additional pool to this naming pool C .
Pool C : Stake KIH mine TRX with 0% fee . But a 7 day lockup period for KIH (TBA)
Upon launch we will also be releasing a KIH/TRX trading pair starting with 25 KIH liquidity on Justswap , our intention is to maximize this at 500 KIH over time. For more information about the trading pair and the exact contract address check out our telegram group .
Hackathon
The team of King of Defi will also participate in the hackathon organized by Tron Foundation . This offers a great chance for starting companies like our self . And it gives us a great opportunity to show our self and new products among a much larger public. We are truly looking forward for the screenings to start.
After KODX KIH is our second release in short time nearly completing our staking platform . Here after focus will move to the other parts of the roadmap which will include in deploying our governance system and start working on our lending system .
The king has only just started building its empire !
Got curious and want to find out more check our links below :
Website : https://app.kingofdefi.org/
Telegram : https://t.me/kodxchat
Twitter : https://twitter.com/kodxofficial
Team KODX
