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.

DETAILS

• 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.