At KingPad, we believe that all great things are built on solid foundations. With this view in mind, we will endeavor to select only the strongest projects backed by the right people, partners, and priorities. In short, this means high quality from day one. All projects launching on the KingPad will be Rug proof and also Whale proof.
As a deflationary launchpad, there is a 3% fee for selling KGP Token, and up to 10% fee for early unstaking. Likewise, projects will need to commit to buying and burning KGP tokens to host their IDOs on KingPad. We believe these deflationary tokenomics best align with the ethos of the Binance blockchain, while providing a strong incentive for further growth and adoption.