KiKi Finance(B)- Innovative Tokenomics Keeps Stable and High Returns(Example of Rewards Instruction)
The previous article introduced that the decentralized staking platform KiKi Finance was built by senior team in the crypto industry, aiming to solve the difficulties of user staking. KiKi Finance provides users with safe, easy to use, and high yield earning product. The following will analyze how the innovative tokenomics of $KIKI keeps a stable and high returns.
Staking rewards are distributed by the platform token $KIKI. The APR is closly related to the price of $KIKI. Unlike some short-term projects with inflated ARP in the DeFi world, KiKi Finance promise users a stable and high APR. The tokenomics is conductive to the stable rise of $KIKI which is crucial for the entire ecology to achieve a virtuous circle.
Release volume is positively related to TVL
60% of $KIKI comes from community mining, and the return is proportional to the TVL contributed, which is fairer for users who generate staking to participate in node maintenance. This mechanism also effectively prevents speculation and reduces the selling pressure to maintain the stability of the currency price and APY.
80% of the income is used for buyback
When TVL rises, the release of $KIKI increases, and the income of the platform also increases accordingly. The KiKi Finance team will use 80% of the platform’s revenue to buy back $KIKI, to maintain the liquidity and price stability of the tokens in the market and ensure stable staking rewards for users.
Linear release
When users claim income, they will get 20% of the total staking reward of the day, and the remaining 80% will be released linearly at the rate of unlocking 1% per day, which will not cause the market circulation of $KIKI to rise sharply in a short time to avoid the stampede of the currency price. Additionally, $KIKI used for investment, eco fund and market fees is also released linearly over time to control selling pressure and stabilize the price of $KIKI.
Example of Rewards Instruction
If users stake LUNA as 50,000 USDT on KiKi Finance, the rewards will be showed below:
In the next article, we will introduce the recent progress and plans of KiKi Finance.
Get Started: https://kiki.finance/
Telegram: https://t.me/KiKiFinance
Twitter: https://twitter.com/KiKi_Finance
