πProject launch
Launching to space in a sustainable and safe way
Project has launched!!!
Launch Details
KuKafe will be doing a unique launch which will benefit the early believers and adopters heavily. All the details are found in this page.
Concept
The team at KuKafe believes that early adopters should be heavily rewarded for taking a leap of faith and believing in the project. We also believe that whitelists are irritating with little ROI given. Therefore, we have chosen a unique method to launch KuKafe.
Pre-Launch
On pre-launch, KafeVaults will be available for anyone to deposit their various LPs. As of today, we have a total of 32 vaults available. Ranging from KuSwap, Kandy, BoneSwap and Kudex farms. These vaults are auto-compounding and will reward you with more of the respective LPs. Refer to the section on KafeVault for the fees associated with using these vaults. the Pre-launch phase will last for 14 days, where stakers of these vaults still enjoy auto-compounding benefits to their staked LPs.
However, the fees received in the pre-launch phase will be 100% utilized in the addition of liquidity on launch and anyone who has staked in these vaults will receive an airdrop of $KAFE tokens with a value equal to the fees that they have paid for using KafeVaults. This means that early users of KafeVaults get FREE Usage of the auto-compounding vaults (most of these LPs do not have such a function).
We will take random snapshots at ~8-12 hour intervals to determine the fees accrued per user.
Initial liquidity pools:
KuKafe will list on the 29th July and liquidity will be added by the team. $KAFE listing price will be 2KCS=5KAFE.
Initial marketcap: At least $5000 on listing. This will deviate should performance fees far exceed this amount (we expect it to because KuKafe is offering free auto-compounding vaults for many of the LPs which do not have this function). More fees collected = more KAFE distributed = high initial marketcap, and higher initial liquidity pool.
This will be a stealth launch, token details to be released after launch.
Launch schedule
15th July approx 1400 UTC Pre-Launch: Website launch, KafeVaults will be available for staking
29th July approx 1400 - 1600 UTC: $KAFE will be listed, contract will be announced, $KAFE will be airdropped to all users of KafeVaults
30th July 0200 UTC - Farming begins as we add more $KAFE farms! π¨βπΎπ¨βπΎπ¨βπΎπ¨βπΎπ¨βπΎ
Sneak Preview (testnet)
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