In this article, we’ll discuss information about the Kuma Inu project and KUMA token
Kuma Inu ($KUMA) is a community-focused, DeFi cryptocurrency project, consisting of Kuma Breeder, Kuma DEX, and Kuma NFT.
Token Name - Kuma Inu
Token Symbol - $KUMA
Total Supply - 1 Quadrillion
Liquidity - Locked
Token Metrics
Total Supply — 1,000T $KUMA
50% — Vitalik Buterin (500T $KUMA) https://etherscan.io/tx/0x03369641476a4c8dacde6d60f07a37fe76e8af3c7690387c6fc13a40626a7eaf
25% — Uniswap Listing (250T $KUMA)
12% — Ecosystem Fund (150T $KUMA) (For marketing, development, airdrop, etc…)
3% — Early Investors (30T $KUMA)
10% — Founders (100T $KUMA) Will be locked
Public Listing
Listing Pair: KUMA — ETH
Public Listing Time:** 12th May 16:00 PM (UTC)**
Public Listing $KUMA Allocation: 25% -> 250T $KUMA
Initial Liquidity ETH: 49ETH
We believe this token should be as simple as possible. No advanced smart contracts are used.
This token is fully decentralized and is community-driven. These are on rails because of our beloved Kuma Inu Family.
Kuma Dex is a decentralized, vAMM based perpetual contracting trading platform for meme coins like SHIB, AKITA, ELON, KUMA, etc.
Unlike traditional AMMs, people can trade perpetual futures contracts utilizing the constant product market maker formula with up to 25x long or short leverage.
vAMM is pretty similar to traditional Automated Market Makers like Uniswap, however, AMMs cannot support Futures Trading. Its definition has been introduced by Perpetual Protocol.
Traders will utilize USDC as collateral to open long or short positions in a given asset. An important difference to note is that no swap is occurring. Unlike other AMMs, for example, where traders arrive with asset A and leave with asset B, on Kuma Dex traders will always arrive with USDC and leave with USDC. All profits/losses will also be in USDC since there are no liquidity providers inside vAMMs.
More details will be introduced through our WhitePaper.
dKUMA is a new token for Kuma Inu Community and it is the primary utility token of Kuma Dex.
So what exactly can you do with dKUMA:
- dKUMA allows whoever is in possession of it to vote for the Kuma Dex ecosystem.
- dKUMA holders can become stakers by staking dKUMA tokens to a Kuma Dex Staking Pool. In return, stakers are rewarded with a portion of the transaction fees in stable coins.
We do not send tokens to VB, additionally, tokens will be fairly distributed to the community through Kuma Breeder. It’s Safu…
As our community continues to work towards a fully decentralized project, we currently do not conduct any pre-sale or public sale for dKUMA tokens.
We ultimately aim to distribute dKUMA tokens through the** Kuma Breeder**.
Everyone can mine** dKUMA **tokens by staking meme coins.
LP token Pools
dKUMA-ETH UNI-V2 LP — 1500 AP
KUMA-ETH UNI-V2 LP — 750 AP
SHIB-ETH UNI-V2 LP — 100 AP
LEASH-ETH UNI-V2 LP — 100 AP
AKITA-ETH UNI-V2 LP — 100 AP
ELON-ETH UNI-V2 LP — 100 AP
Meme token Pools
KUMA — 100 AP
SHIB — 50 AP
LEASH — 50 AP
AKITA — 50 AP
ELON — 50 AP
⚠️⚠️ What you need to know to participate in Kuma Breeder ⚠️⚠️
There will be a 3% fee when you stake tokens to the pools of Kuma Breeder.
Will the team take this fee? No!!
This fee will be used to buy back and burn dKUMA to bootstrap the price flow of dKUMA tokens.
Also, there will be a deposit limit amount to protect whales from mining too many dKUMA.
KUMA token is now live on the Ethereum mainnet. The token address for KUMA is 0xb525ecee288b99216cd481c56b6efbdbe9bf90b5. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $ETH to your new Metamask wallet from your existing wallet
Next step
Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap KUMA token
Contract: 0xb525ecee288b99216cd481c56b6efbdbe9bf90b5
Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap
The top exchange for trading in KUMA token is currently Uniswap v2
Find more information KUMA token
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🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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