What is KokomoSwap (KOKOMO) | What is KokomoSwap token | What is KOKOMO token

In this article, we’ll discuss information about the KokomoSwap project and KOKOMO token

What is KokomoSwap?

KokomoSwap is a Binance Smart Chain based AMM (automated market maker) DEX(decentralized exchange) designed to facilitate the seamless transaction of crypto assets in a fun-filled and profitable manner.

The existing methods of trading crypto provide a limited investment experience to holders. We aim to improve the overall user experience by removing the barriers investors face with current crypto trading methods. With KokomoSwap, Crypto investors will be able to maximize the usability of their assets.

The existing methods only provide limited investment experience to the investors. We aim to bring improvements by removing the barriers in the current crypto transaction methods. With KokomoSwap, Crypto investors can maximize the usability of their assets.

Most crypto investors use centralized exchanges that provide an optimized environment for frequent-transact traders(chart, order book, price, and others). However, this environment exposes long-term holders to stresses from the 24/7 price fluctuation of their trusted assets, making them blind to the actual value of their assets. As a result, many people overtrade and incur losses, even during bull markets!! In KokomoSwap, we plan to provide users with liquidity provision, farming, and community-driven token burns in order to maximize investor assets’ value.

Our other goal is to overcome the current limitations of decentralized exchanges. With the growth of DeFi markets and DEX from various protocols, we have seen many innovative and successful iterations of DEX platforms. However, most protocols still provide unsatisfactory user experiences due to slow speeds and high transaction fees. In addition, many protocols only focus on supporting their specific ecosystems, without catering to the different needs of a diverse set of holders. KokomoSwap prioritizes community building and we will seek to satisfy the needs of various crypto users by constantly engaging with our evolving ecosystem.

KokomoSwap allows its users to trade crypto and to grow assets in an easy and fun way. It runs on Binance Smart Chain to benefit from faster and lower transaction fees and it provides a refined user experience for both heavy-crypto users and beginners.We want our users to leverage their existing assets to generate additional profits seamlessly (With KokomoSwap, investors get to rest while their crypto assets work for them!).

Moreover, KokomoSwap users and the community can contribute to the ecosystem through various activities with minimal effort. We designed KokomoSwap to be hassle-free and fun to use for everyone. This is why our team named the project Kokomo, a magical island where you can chill and relax. 🏝🍹

What differentiates KokomoSwap from others?

  • KokomoSwap is a BSC-based DEX specialized for token pairs with large communities or high volume tokens on centralized exchanges or Ethereum-based DEX.
  • The low gas fees and the fast transactions afforded by the BSC make transactions easier.
  • KokomoSwap uses code that is already long proven by the communities from UniSwap, PancakeSwap, and others.
  • KokomoSwap is designed by a strong team of developers and business experts with diverse professional experiences and a deep collective understanding of blockchain technology.
  • The team appreciates the importance of community. We will encourage community engagement and continuously add token Burn & Lock models driven by our community, which grant sophisticated incentives models for users.
  • We understand how the supply and demand of the native governance token, $KOKOMO, are significant. We will put the most effort into the sustainable growth of $KOKOMO value.
  • Our team focuses on a consistent product and communication strategy to provide an optimal user experience. On top of that, we will set key objectives and business roadmaps geared towards driving user and building project value.

Why does KokomoSwap focus on stable coin pairs(i.e., ETH - BUSD) more?

  • We plan to develop an environment focusing on stable coin pairs(such as altcoin - BUSD) and trading tokens from different platforms at a fair ratio.
  • Most DEX on BSC handle BNB - altcoin pairs from the BSC ecosystem, but we see differently. There are more users’ needs in altcoin <> stable coin pairs. For traders, no need to trade via BNB pairs. It is quite inefficient because of unnecessary trading fees.
  • Stable coin pairs will attract more trading demands. In doing so, more profit goes to Liquidity Providers and lower fees for traders. Moreover, stable pairs are low-risk in unstable markets.

What is $KOKOMO?

$KOKOMO is the native governance token of KokomoSwap, and at the same time, it is the reward token for its users. Users may earn $KOKOMO by providing liquidity to KokomoSwap or contributing to our community, and token holders will hold voting power in the decentralized governance of the platform.

Our team will constantly develop a proper burn model for $KOKOMO through governance mechanisms in order to increase the token value. Therefore more benefits will accrue to the community and token holders. As previously mentioned, this strategy also aligns with our core value of letting users chill and relax. 🏄🏽‍♂️

That’s where you wanna go to get away from it all.

KOKOMO Token

Basic information

  • Name: Kokomo Token
  • Symbol: KOKOMO
  • Contract Address: 0x9a7B87651C6C93cedb831B2B3b5549142a813Cfe​
  • Chain: Binance Smart Chain

About Kokomo Token($KOKOMO)

  • $KOKOMO is the native governance token of KokomoSwap, and at the same time, it is the reward token for users. Token holders will soon have voting power in our decentralized governance.
  • KokomoSwap will be owned and managed by the community. In the long term, we desire to be DAO (Decentralized autonomous organization).
  • Staker of $KOKOMO will have a share of the profits of KokomoSwap.

Token Distribution

Distribution

$KOKOMO will be distributed to the community holders since there was No Pre-sale, No VC, No Institution in KokomoSwap.

  • 15% to the team address for the dev team and future team building.
  • 15% to the growth & community address for the ecosystem building, community growth, SAFU(Secure Asset Fund for Users), etc.
  • 70% to the liquidity providers who commit to the KokomoSwap.

Pre-Minted $KOKOMO?

Only 7,000,000 $KOKOMO are pre-minted on the launching date for necessary use, such as providing early liquidity to pools. Unused $KOKOMO will be burned. (the equivalent of $175,000 BUSD on the launching date)

  • 2,000,000 $KOKOMO is provided for initial liquidity supply for the KOKOMO-BUSD pool with some BUSD. Since there is no supply of $KOKOMO to anyone, liquidity is only provided by the development team. The team will not sell pre-minted KOKOMO to the market. $KOKOMO from farming by the early liquidity providers will be used for the community. Otherwise, we will burn $KOKOMO.
  • 5,000,000 $KOKOMO is for the reserves from the early $KOKOMO-BUSD liquidity. Unused tokens will be burned.

Emission

  • 40 $KOKOMO/block (1,152,000 $KOKOMO/day)
  • For the first 4 weeks from the launch date, our team will boost(activate the Full Moon) the emission rate to encourage early contributors. (more info. at https://cutt.ly/Qb0bJYw)

How and Where to Buy KOKOMO token?

KOKOMO token is now live on the Binance mainnet. The token address for KOKOMO is 0x9a7b87651c6c93cedb831b2b3b5549142a813cfe. 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.

Join To Get BNB (Binance Coin)! ☞ CLICK HERE

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)…

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap KOKOMO token

Contract: 0x9a7b87651c6c93cedb831b2b3b5549142a813cfe

Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap

The top exchange for trading in KOKOMO token is currently Pancakeswap v2

Find more information KOKOMO

WebsiteExplorerSource CodeSocial ChannelSocial Channel 2Social Channel 3Message BoardDocumentationCoinmarketcap

🔺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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#blockchain #bitcoin #kokomo #kokomoswap

What is KokomoSwap (KOKOMO) | What is KokomoSwap token | What is KOKOMO token