$Kika will be launched with no pre-mining and eventually fully controlled by the community DAO( 90% of the total circulation).
1.
DAO Treasures ( distribute by yield farming): 900MM
Genesis & Year 1 plan(27.87MM $KIKA Totally):
1.
Genesis(Day 0 to Day 28): 6,943K $KIKA (248K per day)
2.
Q1(90 days): 11.16MM $KIKA (124K per day)
3.
Q2(90 days): 5.58MM $KIKA (62K per day)
4.
Q3(90 days): 2.79MM $KIKA (31K per day)
5.
Q4(90 days): 1.395MM $KIKA (15.5K per day)
2.
Team Funds: 100MM
Team funds will be unlocked via a specific ratio( 11.11%) compared to the yield farming diluted amount (similar to the Sushiswap initial launch).
Genesis & Year 1 Farming Plan
Genesis Farming
Time
Diluted per Day
Pools
Weight
Comments
Genesis Phase 1
Day 0~Day 14
248K
k_ETH
k_HBTC
k_HUSD
k_USDT
1
1
1
1
k_Token is a compliant representation of balances supplied to the protocol.
*$KIKA mined in its current state should not circulate.
Genesis Phase 2
Day 15~Day 28
248K
k_ETH
k_HBTC
k_HUSD
k_USDT
k_HFIL
k_HDOGE
k_MNW
k_WHT
k_BQB
k_DOG
KIKA-USDT
1
1
1
1.5
0.05
0.1
1
1
1
0.1
4
KIKA-USDT LP token on Dogeswap
Year 1 after Genesis
Time
Diluted per Day
Pools
Weight
Comments
Q1 after Genesis
(90 days)
124K
k_ETH+10%
k_HBTC+10%
k_HUSD+10%
k_USDT+10%
k_HFIL+10%
k_HDOGE+10%
k_MNW+10%
k_WHT+10%
k_BQB+10%
k_DOG+10%
KIKA-USDT
1
1
1
1.5
0.05
0.1
1
1
1
0.1
2
From this stage, in addition to staking k_Token, participants in yield farming shall also stake the amount of $KIKA based on a certain percentage of the value compared to the k_Token(The same below).
For example, "k_ETH +10%" means 10% of the value of the ETH staked is needed to participate in yield farming.