The Kudex Blast-Off Update

Kudex
3 min readAug 9, 2021

We have just launched our brand new UI, launchpad, and IKU token pre-sale! Now, Kudex is the first fully functional AMM, Yield-Farm, Token Locker and now also, Launchpad on KCC.

As users of Kudex may have noticed, a couple of new features have been added to the platform.

New feature: UI Update

For a better user experience on the Kudex platform, some graphic updates have been made. But there’s more than meets the eye;

New feature: Kudex Launchpad

The biggest update is our brand new Launchpad where where developers can create a token pre-sale and users can easily participate in token Pre-Sales.

A percentage of the supply from every token pre-sale between 55% and 85% is automatically locked in our own Token Locker for a set period of time after a pre-sale successfully finalizes. This will ensure that the liquidity cannot be removed for the time the tokens are locked. Take note that Kudex is not responsible for any activities or token Pre-Sales on our Launchpad. DYOR before participating in any token Pre-Sale!

To read more about how to participate in a pre-sale or how to create one, you can find our documentation here.

New feature: Kudex IKU Token

Token Name: IKU Token
Token Symbol: IKU
Contract Address: 0x7ECE7FfF7E8fAc70D8A298b817aF5519f81B0e67
Chain: KuCoin Community Chain
Supply: 1,000,000,000,000

Link to IKU pre-sale: Click here

IKU features:

✉️ Automatic buyback of KUD Tokens
There is a 7% trading fee for every transaction. These fees are used to reward IKU holders and to increase the price of KUD tokens by automatically buying KUD tokens and instantly burning them. This increases the price of KUD tokens, making them more scarce and valuable.

A breakdown of the trading fee:

  • 7% transfer tax on every IKU token transfer:
  • 5% is used to buy and burn KUD tokens immediately
  • 2% is reflected to all IKU holders

💰 Holder tiers
As we know from lots of token pre-sales, some are sold out within minutes. To give an advantage to IKU holders, we’ve implemented holder tiers. Holders of a certain amount of IKU Tokens get an advantage for buying early in Pre-Sales on the Kudex Launchpad.

GOLD: Holders of at least 25.000.000.000 IKU Tokens are able to purchase tokens within the first minute of a token pre-sale.

SILVER: Holders of at least 3.000.000.000 IKU Tokens are able to purchase tokens after the first minute and within the first 2,5 minutes of a token pre-sale.

BRONZE: Holders of at least 300.000.000 IKU Tokens are able to purchase tokens after 2,5 minutes and within the first 5 minutes of a token pre-sale.

--

--