Tag: Protocol
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KikSwap.com is not another meme token, A cross chain multi staking and spot trading platform on Binance smart chain
The market for automated market maker exchanges is a huge industry in itself across different crypto networks. Almost all blockchain in some way holds exchanges for facilitating their user base. Like all other major blockchains, Binance smart chain too, has a number of exchanges on the platform certainly due to its higher transaction throughput and speed.
Kikswap's competitors on Binance smart chain includes, pantherswap, pancakeswap panda swap, jetswap and many others.
Technical specification
A liquidity pool is a smart contract that holds reserves for two or more tokens and allows anyone to deposit or withdraw funds only according to very specific rules.
One such rule is the constant product expression x * y = k. Where x and y are spares for the two tokens A and B. To withdraw a certain amount from Token A, you need to deposit a proportional amount from Token B to maintain a certain k value before the fee.
Multi-chain staking
Kikswap is the first multi chain staking protocol pegged to meme tokens. With multi chain technology on the network its community members will be able to stake any of meme tokens on kikswap's staking pools. It will be a de facto staking token for all meme currencies using a similar strategy.
Each meme token will have a different set of validators and delegators on the network. Whilst having their respective staking pools, where users can stake KIK in return for rewards in form of meme currencies.
Staking pool 1
Invest KIK to get reward in Shib
APR ≈ 107,310%Staking pool 2
Invest KIK o get reward in Doge
APR ≈ 179,546%Staking pool 3
Invest KIK to get rewards in KIK
APR ≈ 110,244.30%Staking pool 4
Invest KIK to get reward in Akita
APR ≈ 110,244.30%
Non-fungible tokens
Kikswap offers exciting NFTs for its community members. It combines Bep20 technology on Binance smart chain to deliver high quality NFTs. Its NFTs are divided into multiple categories based on the occurrence of character's traits in NFT. Hence a hierarchy is formed, where holders of rare NFTs are befitted more comparatively to their counterparts with common traits NFTs.
It is a cross-chain meme token and spot trading platform to buy any meme token. It is built on the Binance Smart Chain. is a smart contract on-chain system on the Bsc that implements an automated liquidity protocol based on a "constant product formula” Each KkikSwap pair keeps a pool of reserves of two assets, as well as providing liquidity for those two assets keeping the invariant that the product of reserves cannot be depleted.
Besides the application of a constant product formula to ensure technical sophistication on the network, KIK is also a deflationary token following multi-layer buying back features.
The network offers multiple features, including utility token, multi-chain staking and farming and staking of NFTs across cross-chain. These features and many others in the roadmap for this platform makes it a promising spot trading exchange.
Our mission is to offer a high performance exchange at the heart of Binance smart chain. Our partners and teams align in our aim to provide high quality service to our community members.
Kikswap community is a single large family with an ever evolving series of events. Our network ensures high security to our community members through third party audits.
Mission and Vision
Our mission is to offer a high performance exchange at the heart of Binance smart chain. Our partners and teams align in our aim to provide high quality service to our community members who have true belief in meme tokens.
Kikswap community is a single large family with an ever evolving series of events. Our network ensures high security to our community members through third party audits.
Social media links
Website: https://kikswap.com/
Application: https://app.kikswap.com/
Whitepaper: https://kikswap.com/whitepaper.pdf
Medium: https://kiktoken.medium.com/
Github: https://github.com/kiktoken
Telegram: t.me/kiktoken
Twitter: https://twitter.com/kiktoken
Facebook: https://www.facebook.com/Kiktoken
YouTube: https://www.youtube.com/channel/UCS-KTygQptMhtnlFVEyFJng
Reddit: https://www.reddit.com/user/kiktoken
Discord: https://discord.gg/qefXjj5A
Official Launch of MAP Protocol’s Makalu Poc-2 Brings Much-Needed Upgrades
MAP Protocol's testnet, Makalu PoC-2 was officially launched on December 10, 2021. Makalu PoC-2 is equivalent to MAP testnet, in the sense that it upgraded the consensus mechanism on the basis of the original PoC-1. Makalu PoC-2 upgrades the consensus mechanism to POS, from the original POW, with high TPS performance standards. This allows it to utilize cross-chain transaction data (assets) and perform “on-chain upgrades” in a flexible manner, while greatly improving transaction processing speed.
Official Launch of MAP Protocol's Makalu Poc-2 Brings Much-Needed Upgrades
Makalu PoC-2 makes use of the IBFT algorithm to achieve message consensus between nodes and implement Validator registration and election functions in the form of on-chain contracts and supports. Makalu PoC-2 will also continue to support light client verification to verify on-chain transactions on the peer chain, while being compatible with and supporting EIP-1559. PoC-2 will continue to update multiple versions in the form of small version iterations.
MAP Protocol is considered the “Blockchain Assets Freeway,” as it is a cross-chain bridging protocol that aims to provide a secure end-to-end solution for any blockchain to move assets freely. To fulfill this role, MAP Protocol is built on three layers simultaneously.
The first layer, MAP Chain, known as the base layer, is a dedicated blockchain serving as the infrastructure freeway connecting all kinds of blockchains to break barriers.
Secondly, the asset layer provides an infrastructure freeway linking other blockchains (cross-chain support), allowing all kinds of assets to be mapped to MAP Chain in a non-custodial style via trustless smart contract.
This is followed by the DeFi Application layer, allowing all kinds of applications, including but not limited to DEXs, games and NFTs that can be built with the cross-chain capabilities enabled by MAP Chain and MAP Assets. This also allows fast trades of NFT tokens in a cross-chain decentralized manner, while applications can be easily built using the underlying light client and assets vault.
Following the December testnet upgrade, the focus in the next stage will be on MAP's ecological construction, especially the high frequency of NFT and GameFi development that is changing the dynamics of the traditional gaming industry. This market has been always our key focus, and is expected to continue seeing explosive growth in the future. MAP Protocol is a cross-chain and will have its own independent ecology. For the future development of NFT and Gamefi, cross-chain will be an indispensable component that cannot be ignored.
MAP Protocol will deploy its applications on all the major chains, supporting cross-chain swaps. This will allow all the assets on MAP Chain to circulate freely across all chains. MAP Protocol also welcomes additional GameFi, NFT and Metaverse projects to publish assets on the MAP Chain and join the MAP ecosystem.
MAP Protocol is also compatible with EVM. All EVM chain assets and projects such as Ethereum can be issued to MAP, and MAP will be motivated through various means including ecological incentives.
To promote MAP Protocol's cross-chain technology, cooperation and partnerships opportunities with more public chains will be established. For the purpose of accessing more public chains, MAP will optimize protocols and provide support for cross-chain oracles, lending and other DApps.
About MAP Protocol
Map Protocol is considered the “Blockchain Assets Freeway”. It is a cross-chain bridging protocol that aims to provide a secure end-to-end solution for any blockchain to move assets freely, i.e., allow fast trades of NFT assets in a cross-chain decentralized manner. Please visit MAP Protocol online for more information.
Website: https://www.maplabs.io/
Media Contact:
Rena Kim
King Forever Announces an Entertaining Decentralized Ecosystems
The game is founded on the belief that gamification shouldn't just be a gimmick. Motivated by creating games that above all, are fun and easy to use, KING FOREVER emphasizes the importance of generating value through fun to attract players beyond the die-hard crypto trading industry.
An RPG-style game on the Binance Smart Chain, KING FOREVER is a standalone and innovative platform that delivers a gaming experience and top-notch interfaces that allow gamers to have fun while producing profits.
A community-driven, automatic yield generating hyper-deflationary token created on the Binance Smart Chain, don't confuse kingforever with other shit-coins/meme coins just because it is a hyper-deflationary token, the team behind the token loves the idea of Massively Multiplayer Online Role-playing games (MMORPG) and cryptocurrency as they both have the ability to disrupt barriers and build global communities. Kingforever implements multiple cutting-edge cryptocurrency mechanisms such as seamless yield generation through reflection, automatic liquidity pool, deflationary tokenomics, and more.
WHAT IS KING FOREVER?
Kingforever strives to be the largest adventure role-playing game ever to be built on the Binance Smart Chain, to play the game you will need the $KFR, kingforever token- a solid utility token with manual highlights and burns. $KFR has been carefully designed to be an ideal investment that will grow exponentially in the upcoming years along with new utilities over time because of the continued development to make $KFR the perfect coin.
WHY KINGFOREVER?
After a lot of extensive research, kingforever identified several issues with existing yield generation tokens and has come up with a solution for the same,
Centralized control?
The king believes in Decentralized governance: Most of the tokens launched on the Binance Smart Chain are controlled by a small team of people. Investing in such projects requires you to put your trust in the team and most of the time you don't even know how they look, you only hear their voices on Voice sessions they host, all in all, their identities are anonymous to the public. Even if they do disclose their identities to the public, they hold the keys to the contract and can manipulate certain parameters or even drain the liquidity in turn rugging the project, leaving investors at the mercy of developers just doesn't sound right, so what's different with $KFR? First and foremost the team behind kingforever is doxxed, which means their identities are publicly known and secondly they have already released a roadmap that gives insight into how they plan to fully decentralize their protocol, they have developed their smart contract in such a manner that it is fully ready for decentralized governance.
Security threats are the least of your worries: Since most of the tokens launched in the Binance Smart Chain space require the investors to trust that the contract owners don't pose any malicious intent since BSC is known for most of the scams that happen in the crypto space.
TOKENOMICS:
With a total supply of 100,000,000,000,000,000 tokens, $KFR is subjected to a total tax of 13 percent which further breaks down into 3 percent holder rewards, which means that 3 percent of every transaction is redistributed to the token holder. That means you can earn more $KFR just by holding them in your wallet, 2% percent will be used for manual buybacks, 4 percent will go to the marketing, and the rest of the 4 percent will be used to stabilize the liquidity pool, furthermore, the initial liquidity is locked for 3 years.
GOVERNANCE:
The team behind $KFR has planned it from the start that the kingforever will be undertaken by decentralized governance once the token is self-sustainable and fully developed. The team has implemented multiple safeguards, the owner of the contract that is the team is publicly doxxed, there are no pre-launch sales, and half of the liquidity is locked. The second half of the liquidity is not permanently locked due to upcoming near-future developments like a new decentralized exchange (DEX). Timed locking will allow the team to re-evaluate the landscape at timed intervals to see if any changes are required, any planned changes will be voted on for investor's approval. If no changes are required, the wallets will be locked again immediately. Other than that $KFR will be audited by Certik or Tech rate.
Links:
Website: https://kingforevertoken.com/
Telegram: https://t.me/kingforevrtoken
Twitter: https://twitter.com/kingforeverbsc
Mario Floki: Gaming Nostalgia While Earning Crypto
What do you get when you combine Super Mario Brothers, Elon Musk's puppy Floki, and cryptocurrency? You get Mario Floki silly! Remember the excitement while playing through the 8-bit side scroller as you collected coins, gobbled power-ups, and pounced on enemies to rack up the points? I can hear the victory music playing as I slide down the pole at the end of each stage. Guess what, you can still get that nostalgia from the original game but here's the twist – you can earn crypto just by playing it! Read on to learn how - Let's-a GO!!!
What Is Mario Floki Exactly?
The crypto and blockchain space is growing rapidly these days especially in the past year. Bitcoin just hit an all-time high and is continuing to push upwards while NFTs just hit the mainstream market. Metaverses are hot and it seems like every day new cryptocurrencies are being created. Amongst the noise, are tons of token projects and meme coins that took the spotlight.
MARIO FLOKI: GAMING NOSTALGIA WHILE EARNING CRYPTO
There is a fair share of Mario-inspired projects along with a plethora of dog-themed ones. Yes, Mario Floki is a token project but it isn't just your typical meme coin. Instead, Mario Floki is a token project that has a “Super Mario Brothers meets Floki Shiba Inu” theme. Both are super cute and recognizable - so why not right? It sounds good but what exactly makes up Mario Floki's token project?
Imagine earning token rewards just by playing a Super Mario-themed mini-game, then using them to earn BUSD. There's also an NFT marketplace where you can buy, sell, trade, or HODL your favorite characters. Aside from all of this, players and holders can use the tokens to actively or passively earn BUSD through their DeFi protocol. This is all pretty impressive but it doesn't end there. As a member of the Mario Floki community, you are actually contributing to the welfare of kids (more on this later)!
The Pillars Of The Mario Floki World
We've all seen projects fail after the initial hype dies down and most of the whales have liquidated their holdings. The overall trading volume reduces shortly thereafter, usually in parallel with the mounting FUD. The fate of a token without utility, or at least a solid use case, is often destined to the graveyard of dead crypto projects. Luckily for the Mario Floki community, several pillars establish the foundation of their token project. Let's take a look at each pillar in detail.
Play-To-Earn Gameplay
NFT games like Axie Infinity have taken the crypto gaming industry by storm this year and the blockchain gaming movement isn't stopping any time soon. Mario Floki capitalized on this movement by creating their play-to-earn (P2E) game which is reminiscent of the original Super Mario Brothers (SMB) side scroller. Who doesn't want to play games while earning, right?
The characters that can be chosen are all inspired by the cast found in SMB and the storyline is similar to it too. You'll be able to select a character like MarioFloki, or FlokeyKong, or a host of other familiar characters and progress through the levels while racking up points, collecting power-ups, and gaining experience. Princess PeachFloki is being held captive so it's your job to clear the stages of the MushroomFloki Kingdom and fight your way towards the final boss, BowserFloki.
All of this sounds pretty familiar, doesn't it? Here's the thing – Mario Floki isn't trying to reinvent the wheel or tap into the metaverse. Their intention is simple: Let players have some fun with mini-games and let them earn $MRFLOKI tokens at the end of each level completion. The P2E mini-game format is perfect for those who like to game but don't want to invest hours upon hours to level up their characters only to receive marginal payouts. Playing the game is simple too.
You're allocated three tries, or “lives”, per day which is similar to how the original SMB game was set up. There isn't a reset or pause button so there is an element of FOMO on token earnings per day if you were to lose all of your tries. You'll definitely want to hone your skills because the difficulty increases with every stage but the overall game is simple enough that the barrier to entry is quite low. Because the P2E game maintains interest via the leadership rankings, players are incentivized to keep on playing and to continue unlocking rewards. The players at the top of the rankings will receive prizes that are set by the community but you'll need to be actively playing and maintaining your position to see what they will be.
Rewards, Charity, And Earning Mechanics
Okay, so you're getting good at the P2E game and are accumulating tons of $MRFLOKI tokens. What do you do with them? After accruing at least 100 million $MRFLOKI tokens you can earn crypto passively. Yep, you read correctly! The Mario Floki team calls this the “Super BUSD Bonus” where players can earn BUSD rewards automatically every hour just as long as this minimum holding quantity is held. Since BUSD's price is relatively stable, you can rest assured that your cashouts from crypto to fiat will be fairly accurate and predictable.
Other competitor tokens require a much higher minimum holding quantity - some as high as 10x more. The $MRFLOKI token supply is limited to only 1,000,000,000,000 which is also comparably low to other competing projects. What this means is that the relative token scarcity and the low minimum holding quantity for earnings make it attractive for passive income investors. With the law of supply and demand in full effect here, you can expect the price of each token to increase in value as time passes, especially as interest in the project grows.
As a $MRFLOKI token holder, you will be earning on every transaction. The tokenomics is set up so that for each type of transaction (either buy or sell), tax is collected and redistributed to different sections of the operations and as rewards to HODLers. You stand to earn anywhere from 6-8% BUSD for these transactions so it pays to HODL – the more you hold, the more you will earn in taxes. What's interesting here is that from the taxes collected from the sell transactions, a portion goes to charity.
Mario Floki wants to give back, not only to the community of investors but also to those in need. Mario Marathon is an online fundraising organization for children in need and the team at Mario Floki drew inspiration from them and mirrored their idea. The team is working to establish partnerships with charities that specifically work towards the betterment of children's lives. Think of the children out there with no food, shelter, medicine, have disabilities, or lack opportunities. What this means is, you as a $MRFLOKI token holder will be contributing to these charities and therefore helping to transform people's lives.
NFTs And Giveaways
The Mario Floki team is working to partner up with various exchanges soon so make sure to keep up with them via their Telegram account. Once they are listed, you can expect their token value to spike pretty much immediately, so watch out for that. The team plans to issue daily quizzes so that all levels of investors in the community and even non-investors have fair earning opportunities. These provide another avenue of earning rewards and while securing whitelist spots for giveaways.
Remember we talked about the playable characters in the P2E game? Special edition characters can be purchased through the NFT marketplace. These aren't your typical NFT digital art, however. You can marvel at its beauty but because only a limited supply of each character are minted, they will truly be scarce and as the project increases in popularity, they will become coveted items.
As an added incentive, these NFT's can be playable in the P2E game. The difference with these NFTs versus the stock characters is that they will have special attributes, like the ability to throw barrels if you have one of the special edition Flokey Kong NFTs. Because the NFT can be used within the P2E game, you have an advantage in the game and this can ultimately play in your favor when earning rewards.
Why Should I Join Mario Floki?
Mario Floki is DeFi token project that allows players, investors, HODLers to earn crypto while buying and trading within their NFT marketplace. The $MRFLOKI token is directly correlated to your BUSD earning potential. The more you have the more you can earn passively but it isn't just a means to earn crypto.
Mario Floki combines Defi and crypto P2E gaming while contributing to the betterment of children's lives – all through a fun, playful, and familiar cast of characters. If this isn't a win for all, I don't know what is. The presale is coming up very soon so make sure to get in on the action as soon as possible.
To learn more about the project :
https://www.mariofloki.com
CONTACT DETAILS
Visit their socials to get the latest updates on their progress:
TELEGRAM | INSTAGRAM | TWITTER
CONTACT THE TEAM at : [email protected]
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