Kingdoms Fair & dApp Launch

This is a fork of the nodes projects we’re seeing, but they’ve made several changes for sustainability. They aren’t calling the KINGs “nodes” because they don’t serve as actual validator nodes (which we think is refreshingly honest).

They will be hosting a Launch Party in Discord beginning at 7pm EST, the dApp will go live with a fair launch on SpookySwap some time during the Launch Party.

DETAILS

• Total supply: 10,000,000 PAWN
• 6% transfer tax, with plans to remove the tax once the protocol stabilizes
  • 2% to the Treasury at FTM
  • 2% to the Community Wallet as PAWN
  • 2% to auto-liquidity
• Initial price & initial supply are to be announced
• 100 PAWN to create a KING
• PAWN used to create a KING will be distributed as follows:
  • 70% to the rewards pool
  • 20% to marketing, dev, maintenance, etc.
  • 10% to liquidity
• Each KING earns 2 PAWN tokens per day until they ROI, after that KINGs earn 1 PAWN per day
• Claiming rewards is taxed as follows:
  • Before half of the ROI term is completed – 20% of claimed rewards go to the Community Wallet
  • After half of ROI is completed but before full ROI – 10% of claimed rewards go to the Community Wallet
  • After ROI is completed – 1% of claimed rewards go to the Community Wallet
• The Community Wallet is for the community to decide what to do with:
  • Redistribute the tokens to KING holders
  • Burn the tokens to reduce supply
• KINGs are non-transferrable
• No limit to the number of KINGs in the protocol
• 100 KINGs per wallet max