KiloEx (KILO) TGE Launches on Binance Wallet & PancakeSwap
KiloEx (KILO) Token Generation Event (TGE) on Binance Wallet and PancakeSwap
Binance Wallet and PancakeSwap are jointly hosting the exclusive Token Generation Event (TGE) for KiloEx (KILO), a next-generation decentralized exchange (DEX) specializing in perpetual contracts. This follows Binance's shift towards secondary listings, prioritizing TGEs via Binance Wallet before secondary exchange listings.
Key Highlights:
- Date & Time: Thursday, March 27, 10:00 AM - 12:00 PM UTC
- Platform: BNB Smart Chain
- Total Raise: $750,000 in BNB
- Initial Allocation: 50 million KILO tokens (5% of total supply)
- Allocation per user: Max 3 BNB per Binance Wallet user
- No Vesting Period: Tokens are immediately tradable after the event.
This carefully structured public sale aims to introduce the KILO token fairly to the market. PancakeSwap will provide additional trading support immediately following the TGE.
KiloEx's KILO Tokenomics
KiloEx has revealed its KILO tokenomics, emphasizing community engagement and long-term sustainability. With a fixed supply of 1 billion tokens, the allocation is as follows:
- Airdrops: 10%
- Ecosystem Support: 27%
- Public Sale (Binance Wallet): 5%
- Staking Rewards, Strategic Investments, Liquidity: Remaining allocation
A key feature is the ability to convert KILO to xKILO for staking, earning a share of 30% of platform revenue. KILO holders will also participate in on-chain governance.
Binance's Shift to Secondary Listings
This collaboration aligns with Binance's strategic shift towards secondary listings. Instead of primary listings on its centralized exchange, Binance is utilizing Binance Wallet for TGEs on decentralized platforms, like PancakeSwap. This approach decentralizes the process, offers greater access to early adopters, and mitigates the challenges of centralized exchange listings.
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