KiloEx Airdrop Genesis and Pioneer Season Announcement

On July 17, 2024, at 00:00:00 (UTC), KiloEx will take a snapshot of all wallet addresses on the platform for Airdrop Genesis Season:

1. All points earned by users and their acquisition details have been recorded in the snapshot.
2. Old Airdrop Plan:

The airdrop ratio is 10%, a total of 100 million Kilo tokens.

From mainnet launch to TGE, 2% (20 million tokens) will be airdropped during the incentive period;

From TGE to 90 days after TGE, 2% (20 million tokens) will be airdropped during the incentive period;

From 90 days to 180 days after TGE, 2% (20 million tokens) will be airdropped during the incentive period;

From 180 days to 270 days after TGE, 2% (20 million tokens) will be airdropped during the incentive period;

From 270 days to 360 days after TGE, 2% (20 million tokens) will be airdropped during the incentive period.

3. New airdrop plan:

• Airdrop ratio: 10%, total 100 million Kilo token.
• Airdrop Genesis Season will end at 00:00:00 on July 17(UTC), 4% (40 million tokens) of the incentivized actions will be airdropped during the Token Generation Event
• From 00:00:01 on July 17(UTC) to TGE (Airdrop Pioneer Season) and from TGE to 180 days post-TGE, a total of 6% (60 million tokens) of the incentivized actions will be airdropped.
• As KiloEx is currently in discussions with major exchanges for listing, the exact TGE time is not yet determined, so the airdrop quantity for the Pioneer Season cannot be determined. The platform will continue to distribute airdrop tokens based on user actions.

Reason for adjustment:

Considering the project’s actual progress, increasing the airdrop token ratio before TGE will more effectively stimulate user engagement with KiloEx in the new season. Compared with other Perpetual DEXs’ airdrop ratios before TGE, the total airdrop (Airdrop Genesis Season and Airdrop Pioneer Season) before TGE will provide KiloEx’s early users competitive incentives.

1. Starting from 00:00:01 on July 17(UTC), 2024, KiloEx will launch the Airdrop Pioneer Season:

a. The new season will last several months, and KiloEx Airdrop Points will reset to zero.

b. $KILO airdrops will be based on the new season’s Airdrop Points.

c. During Airdrop Pioneer Season to 180 days post-TGE, 6% (60 million tokens) will be airdropped to loyal users to incentivize interaction with KiloEx.

2. The Genesis Pass is about to be launched (expected on July 22):

a. The Genesis Pass is a SBT; users who have already qualified for minting can complete the minting process in the Genesis Pass dedicated section.

b. Genesis Pass holders will receive a 20% Trading Points acquisition boost for 30 days.

c. Genesis Pass holders will directly receive an airdrop reward of 214 $KILO (February 14 is KiloEx’s anniversary).

d. If you have not yet qualified for minting the Genesis Pass, don’t worry. More activities will be launched in the future, providing opportunities to qualify for minting the Genesis Pass.

3. To help users reduce trading costs at the start of the new season, we will reduce the fee rate by 30% to 0.07%. To ensure fairness in users’ point acquisition:

a. The Airdrop Points earned per 1000 USDT traded will also be reduced by 30% to 24.5 points.

b. VIPs and referral commissions will continue to enjoy lower trading costs according to the rules.