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.