King Finance Phase I Launch

February 16 update – it appears they launched the whole protocol. The Gitbook is giving a 500 server error now.

Tomb fork on Avalanche.

No website, I’m linking you to their Twitter. No contracts.

Stealth launch some time between 5-11pm UTC on February 15.

Some tweets say Discord will be open at launch, other say it will open before launch
The only information available is their Gitbook, which is not very comprehensive
They say the “launch” will be on February 15, but it is unclear if this is a token fair launching, a presale, genesis pools, farming for the shares token, the whole protocol boardroom and all, or some combination thereof
KING is the algo-stable, pegged to AVAX
KSHARE is the shares token, with a max supply of 70,000
- All KSHARE will be distributed over 3 months
- KING-AVAX: 35,500 KSHARE
- KSHARE-AVAX: 24,000 KSHARE
KBOND is the bonding token

There is no information on the next steps in their launch sequence.