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FAQ
An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets.Token price is calculated by the volume of token pair in the pool. It is a DeFi tool that allows traders to use it at a fair price. Market-leading DeFi projects like UniSwap, PancakeSwap is also AMM DEX, same as KokomoSwap.
KokomoSwap forked UniSwap, Pancake, and SusuhiSwap. These projects are outstanding market-leading DeFi projects, and we used essential contracts as Swap, Farm, Liquidity that are proven safe.
Fundamental functions use the contracts from the projects mentioned above. However, we will quickly adopt market trends and various requests from the community.
$KOKOMO is the native governance token of KokomoSwap, and at the same time, it is the reward token for users. Token holders have voting power in our decentralized governance.
We use the contracts, which are proven safe from UniSwap, PancakeSwap, and others. Yet, everyone should invest at their own risk after thorough reviews. (DYOR) The KokomoSwap team has engaged with CertiK to audit every detail of the contracts. For such unexpected incidents, we save part of the profit as SAFU(Secure Asset Fund for Users).
KokomoSwap is audited by CertiK that guarantees the robustness of our contracts. CertiK has already provided audits for such projects as Binance, SafePal, PancakeSwap, and Beefy. Please refer to the link below for additional details and the audit report.
There was No Pre-sale, No VC, No Institution in KokomoSwap. Only community holders.
Only 7,000,000 $KOKOMO is pre-minted on the launching date for necessary use. (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.
- KokomoSwap encourages decentralized governance. Once KokomoSwap becomes stable (after its initial launching), we will add functions of proposing and voting for ecosystem contributors.
- The Full Moon defines a boosting period for the farming reward. The Full Moon will be activated when significant events such as launching, adding token pairs, and mass requests from the community. When the Full Moon is activated or a change in the Full Moon, it will be notified beforehand via our official channels. Please refer to the link below for additional details.
Last modified 2yr ago