KTX.Finance Mainnet Launch

Perpetual DEX on BSC.

The launch time has not been announced, only that it is on April 21. This time is a placeholder.

DETAILS

• Mechanics & Utility
  • Trade with up to 50x leverage on BTC, ETH, BNB
  • All positions are margined in BUSD
  • Supports market, limit order types
  • 3 token model – KTC, KLP, esKTC
    • KTC is the primary token
    • esKTC is the governance and escrowed version of KTC
    • KLP is the liquidity token, representing the liquidity pool used for swaps and leverage trading
  • Liquidity providers mint $KLP by depositing assets in the KLP liquidity pool
  • KLP liquidity pool is made up of 50% stablecoins & 50% volatile assets
  • $KTC can be staked to receive $esKTC
  • $KLP stakers earn 70% of protocol fees paid out in BNB and $esKTC rewards
  • $KTC/$esKTC stakers earn 30% of protocol fees paid out in BNB, $esKTC rewards and Multiplier Points
  • $esKTC can be converted to $KTC through a 1-year vesting
  • High volume traders receive discount on trading fees up to 60% discount
  • Tiered referral system – Refer and receive trading fee discounts and referral rebates
    • Tier 1: 4% trading fee discount for traders, 8% rebates on fees to referrer (paid in BNB)
    • Tier 2: 12% discount for traders, 16% rebates on fees to referrer (paid in BNB)
    • Tier 3: 15% discount for traders, 20% rebates on fees to referrer (paid in BNB) + 5% rebates (paid in esKTC)

• Tokenomics
  • Token symbol: KTC
  • Total supply: 100,000,000
    • 30% — $esKTC Rewards
    • 30% — Ecosystems
    • 20% — Team
    • 10% — Early Investors
    • 10% — Liquidity