In this article, we’ll discuss information about the Kilimanjaro Finance project and KILI token
Kilimanjaro is a BSC fully deflationary lottery token with low supply and token burning on each transaction
How it works Kilimanjaro works through 5% tax rate applied to each transaction, 2.5% is automatically burned and the other 2.5% goes to the Lottery Pool.
Lottery process Once a day, the lottery chooses two or three hikers among the $Kilimanjaro holders and split the lottery pool equally between them. Those hikers are the ones to reach the peak.
However, there is a catch. If the amount of $Kilimanjaro tokens that the winner holds surpasses the reward received, the hiker gets the full reward. If not, the holder only gets 50% of the reward and the other 50% is burnt.
5% TAX RATE
5% tax rate applied to each transaction.
2.5% AUTOMATICALLY BURNED
Half of the tax rate is automatically burned.
2.5% SENT TO LOTTERY POOL
The other half of the tax rate is stocked in a lottery pool.
HOWEVER, THERE IS A CATCH.
Continue reading and you will find why our lottery is special.
KILIMANJARO applies a 5% tax rate applied to each transaction, 2.5% is automatically burned and the other 2.5% goes to the Lottery Pool.
Only the worthy gets the full reward!
Once a day, the lottery randomly chooses three hikers among the KILIMANJARO holders and split the lottery pool equally between them. Those hikers are the ones to reach the peak.
However, there is a catch.
If the amount of KILIMANJARO tokens that the winner holds surpasses the reward received, the hiker gets the full reward. If not, the holder only gets 50% of the reward and the other 50% is burnt.
For example: If the lottery pool is 3000 $KILI, each of the three winners should receive 1000 $KILI. However, a winner will only get the 1000 $KILI if he/she already holds 1000 or more $KILI. If not, he/she will win 500 $KILI and the other 500 $KILI will be burned.
We consider community as KILIMANJARO most important pillar. Hikers have shown interest, respect, collaboration and good intentions. They are the fuel to take KILIMANJARO to the next level. That’s why we took several measures to provide a secure environment.
LIQUIDITY LOCKED
100% of PancakeSwap liquidity has been locked for a year using UNICRYPT.
DEVELOPER TOKENS LOCKED
Developer tokens have been locked for a month using TRUSTSWAP.
CONTRACT AUDITS
Code has been audited by Solidity Shield.
Kilimanjaro works through 5% tax rate applied to each transaction, 2.5% is automatically burned and the other 2.5% goes to the Lottery Pool.
Once a day, the lottery chooses three hikers among the $Kilimanjaro holders and split the lottery pool equally between them. Those hikers are the ones to reach the peak.
However, there is a catch.
If the amount of $Kilimanjaro tokens that the winner holds surpasses the reward received, the hiker gets the full reward. If not, the holder **only gets 50% of the reward **and the other 50% is burnt.
KILI token is now live on the Binance mainnet. The token address for KILI is 0x865d0c78d08bd6e5f0db6bcbf36d3f8eb4ad48f8. 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 BNB 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 Pancakeswap 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 $WBNB to your new Metamask wallet from your existing wallet
Configure your Binance Smart Chain network
Fill in the following network details:
Network Name: “Binance Smart Chain”
New RPC URL: “https://bsc-dataseed.binance.org/"
Chain ID: “56”
Symbol: “BNB”
Block Explorer URL: “https://bscscan.com"
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap KILI token
Contract: 0x865d0c78d08bd6e5f0db6bcbf36d3f8eb4ad48f8
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once KILI gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information KILI
☞ Website ☞ Explorer ☞ Social Channel ☞ Message Board ☞ Message Board 2 ☞ Coinmarketcap
🔺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 ⭐ ⭐ ⭐
I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!
#bitcoin #cryptocurrency #kili #kilimanjaro finance