Description
KAPS creates the first community-driven ecosystem consisting of a crypto- and blockchain-related discussion forum underpinned by a utility token supported by a stablecoin reserve in BUSD and used for subscriptions and as an incentive mechanism. The KAPS token is the heart of the ecosystem that offers a solid price floor through the creation of a stablecoin reserve through the ICO proceedings combined with a mechanism to reinforce it with transaction fees over time (from here on called reserve fees). The token has a fixed total supply that never increases and dedicates nearly 100% of the proceedings collected via its initial sale to the formation of this reserve. The project aims to continuously expand this reserve pool over time by dedicating 60% of all future reserve fees to it. The KAPS collected through the fees will be subsequently sold on exchanges and directly swapped to BUSD. The Reserve pool will be regularly audited, the results of which will be publicly available at all times. With this mechanism in place, KAPS will always have a solid price floor, since the circulating supply will be fully supported by the same value in BUSD. The remaining 40% of the reserve fees will be split between the community rewards and the project team. The project further empowers its contributors through a community forum that allows ecosystem participants to engage in discussions on cryptocurrency- and blockchain-related topics. KAPS encourages community members to be actively involved in the discussions and provide valuable information and insight by rewarding the top contributors with bonus KAPS tokens at the end of each month based on upvotes they have received from other users.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Kaps Limited has established itself as a formidable player. It is currently ranked #8,939 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Kaps Limited as a viable digital asset.
Buy & Sell Taxes
When trading Kaps Limited, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for Kaps Limited is 0.01%, while the sell tax is 0.01%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of Kaps Limited consist of a total supply of 50,000,000 tokens, out of which 49,998,441 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your Kaps Limited tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade Kaps Limited, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in Kaps Limited with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
