KiloEx is a decentralized perpetual exchange built on BNB Chain that provides a seamless trading experience for users. The KiloEx team recently hosted an AMA with Lilian to address community questions about the project. KiloEx is selected as one of the Binance Labs MVB VI accelerator program cohort. Here is a summary of the discussion:
# Governance and Utility Tokens
KiloEx will have two tokens:
— $kilo: 30% of income will go to $kilo stakers.
— $xkilo: Holders have voting power and governance rights.
# Airdrop :
There will be an airdrop for early adopters of the KiloEx platform.
# Unique Value Proposition
KiloEx offers a top-grade trading experience for users. Unlike centralized exchanges, users can trade new tokens on the perpetual exchange immediately after listing. KiloEx also has a delta neutral strategy for liquidity providers.
# Security
Second audit reports for KiloEx are nearly complete. The team emphasized that KiloEx is a secure platform. The first audit report can be found here: https://secure3.io/audit/KiloEx
# Trading Pairs
More trading pairs will be added over time. KiloEx launched with a select few, but the goal is to expand available trading options for users.
# Community Growth
To onboard more community members, KiloEx has partnerships with major DeFi projects, works with leading crypto influencers, and has a referral program where users can earn rewards.
# Long Term Vision
Decentralized exchanges are the future. KiloEx aims to expand into more regions, build advanced features, and eventually be the first DeFi perpetual exchange to offer decentralized copy trading.
# Token Launch
The KiloEx token launch (TGE) is planned for Q4 2023.
# Team
The KiloEx team chose to remain semi-anonymous but emphasized their experience working with centralized crypto exchanges. They aim to build transparency and longevity with the KiloEx platform.
The KiloEx perpetual exchange is positioned to provide an optimal decentralized trading experience. The team’s vision and product roadmap demonstrate a commitment to innovation and meeting community needs. Stay tuned for updates on milestones like the TGE and IDO.
AMA recording: https://twitter.com/i/spaces/1OyKAVgkzQMGb?s=20
About KiloEx:
- Official website: https://www.kiloex.io/
- Official Twitter: https://twitter.com/KiloEx_perp
- Official Discord: https://discord.com/invite/tEuDY4Rnrn
- Official Telegram: https://t.me/KiloEx