The Native Token of KeplerSwap
Introduction
Generally, crypto token refers to a unique virtual currency token or the method by which cryptocurrencies are valued. These tokens are fungible and tradable assets or utilities with their own blockchains. Crypto tokens are frequently used to collect funds for crowd sales, but they may also be used to replace other items. The typical initial coin offering (ICO) procedure, which comprises a crowdsourcing exercise to support project development, is used to generate, distribute, sell, and circulate these currencies.
The Economy of Seeds Token (SDS)
SDS is KeplerSwap’s native token. SDS is also essential for KeplerSwap to achieve decentralization and autonomy.
Factors that remotely concern the value of a crypto token are most likely to be taken into account when considering its tokenomics.
Notably, most of the factors that make up a crypto’s tokenomics are usually found in websites like CoinMarketCap and CoinGecko, but still do verify with the project whitepaper to be sure of their precision.
Just like every Crypto project, KeplerSwap has its Utility token and the value of this utility may be dependent on the following factors which include;
- Supply and Demand
- The cost of mining
- The rewards issued to miners for verifying transactions to the blockchain
- The number of Competing cryptocurrencies as well as projects
- The exchanges
- Regulations governing its sale
- Its internal governance
Use Case Scenarios
On KeplerSwap platform,The SDS token will be used for the following purposes;
- Transaction Fee Allocation,
- Yield Farming,
- LUCKY POOL reward,
- Ecological Medium token,
- Exchanges between Tokens,
- Smart Aggregation,
- SPACE Creation & Voting,
- Airdrops,
- Interests Conversion,
- Token Pledged for Coin Listing
Token Distribution
Total token supply of 210,000,000 SDS has been scheduled for KeplerSwap.
80% is produced from mining; 10% is kept for marketing and commercial cooperation; 10% for presale; (6 percent for private sale, 4 percent for public sale).
KeplerSwap won’t have any SDS reserved. That is, all the tokens generated are solely for the purpose of developing the KeplerSwap project and its Community.
Governance Token
Governance tokens are tokens developers build to make it possible for tokens to help shape the future of a protocol. Governance token holders may influence project choices such as the introduction or decision of new proposals for features and even change the governance system itself.
In many cases the proposed, tested and voted changes are immediately applied owing to smart contracts via chain governance accessed by the use of governance tokens. In other circumstances, the project management team is responsible for implementing the adjustments or recruiting someone else.
As the first KeplerSwap token holder, each SDS bearer holds the right to vote for critical events in community governance and decision-making. A proposal to alter Community policy can be presented by every SDS holder. Examples include system construction proposals, community voting, transaction fees management, community policy development, and more.
Trading Fees and Rewards
SDS token is KeplerSwap’s initial underlying asset, and 80% mining output will be awarded to Kepler members as follows;
- Exchange between SDS and BUSD
- Exchange between BUSD and SDS:
When a user buys SDS with BUSD, 2% of BUSD is charged as a transaction fee. The 2% of BUSD will be reallocated under the following terms:
- Liquidity market making 65%
- LUCKY POOL 20%
- Referral reward 10%
- Kepler Foundation 5%
On the other hand, when a user sells SDS for BUSD, 6% of SDS is charged as transaction fee. Then, 6% of SDS will be reallocated under the following items:
- SPACE voting reward pool 15%
- Liquidity market making revenue 55%
- LUCKY POOL 20%
- Referral reward 5%
- Kepler Foundation 5%
You should note that the referrer can claim 10% of the liquidity market making revenue from the referee. SPACE owner can claim 1% of liquidity market making revenue from every SPACE
members.
Yield Farming
SDS is the main token on the KeplerSwap platform for the liquidity market. Each member is urged to make an incentive contribution to the liquidity market. KeplerSwap proposes various liquidity strategies to users on the basis of the fairness principle.
Below is a flexible set up for several scenarios for a self-service market making contribution
- The user does not lock position but participates in yield farming; the account will have a weighted yield farming coefficient of 1.
- The user is engaged in yield farming and seeks to close the order for 30 days, this has a weighted yield farming coefficient of 1.5.
- The user is involved in yield farming and seeks to lock the position for 90 days and this will have a weighted yield farming coefficient of 2.
- The user is involved in yield farming and tries to lock the place for 360 days, the order has a weighted yield farming coefficient of 3.
To learn more about the native token of KeplerSwap, visit