The $KAIBA Contract is Getting an Upgrade – Welcome to $KAIBA 2.0

After careful consideration, requests from the community, and external consultation, we’re excited to announce the $KAIBA token is getting a contract upgrade. Everyone will receive the same amount of tokens they already have, and the price will be the same.

Tokens will be received by means of a claiming system for all holders, we will have a dedicated website to guide holders. Simply click and claim. The circulating supply will remain the same and burned tokens will exist as they did before.

We have taken this measure to fortify the stability of the project and increase protection for our investors. The following are the main reasons for the contract upgrade:

• We have supercharged the proprietary technology of $KAIBA and its internal processes, which means users will save up to an additional 10% in gas fees when investing in our token.
• We have refined the code structure to add greater efficiency that will optimize the contract in preparation for the imminent Kaiba Lightning Chain (KLC) Mainnet release.
• We are moving forward with a fully dedicated team, and are reclaiming tokens from those who have since abandoned the project. Reclaimed tokens will be added to the Kaiba DeFi treasury for the purpose of advancing the project and product development. We will now be in a position of fairness and equity in token distribution.
• We have added unique features such as highly efficient transfers, gas reclaiming functions and updated security measures for the token.
• We have updated tokenomics to match the greater aims and goals of Kaiba DeFi. The new transaction tax will ensure we can deliver on community requests for increased marketing. It also allows us to bolster future product development and use-case advancements for the project and ecosystem.
• Greater ease of reporting circulating supply to indexing platforms, with clear team protocols on movement of tokens, such as burns and other events.
• The contract name on Etherscan, ‘Kaiba DeFi’, will now accurately represent the project name rather than ‘Kaiba Inu’.
• CEX listing requirements will be more easily met with the added features and optimisations innate in the tokens and its distribution.

Tokenomics and Distribution

21% of tokens will remain burned, there is no change to the amount of tokens permanently out of circulation.

Frozen tokens will be added to our Treasury so they will benefit the project

Further distribution percentages will be updated and announced closer to contract upgrade deployment.

Transaction Tax (9%)

3% Marketing

2% Treasury

2% Development

2% Liquidity

Listing Updates

The team will be applying for updates to listing sites such as CoinMarketCap and CoinGecko immediately after the upgraded contract is deployed.