Tokenomics of wKFX

In 2022 we have created a 'wrapped' KFX token on the Binance Smart Chain. The main reason for creating this token in addition to our KFX coin, is because the coin has a very limited supply. It would not be suitable as a utility token across multiple products. We decided to create a bep20 token with a maximum supply of 150.000.000 (150 million tokens). Being a bep20 token on the Binance Smart Chain, it is fully compatible with most token wallets (ie. MetaMask, Trustwallet, Nabox, etc).

By using smartcontracts, a total of 83.500.000 tokens have been locked in five vesting contracts. For a period of five years, tokens will be automatically unlocked and made available for the team. Starting on January 1 2024 and ending on January 1 2028 a total of 16.700.000 tokens will be unlocked.

On BSC Scan you can find all the contract details and an overview of all the transactions and tokenholders: https://bscscan.com/token/0xa9b1e2542024ac5527aff797469b57457bb12886 The wallets that contain the locked tokens, are named Vesting Contract 1, 2, 3, 4, 5.

the wKFX contract has been officially audited by the renowned blockchain auditor Solid Proof. A copy of the audit certificate can be downloaded here.

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