Tokenomics
Last updated
Last updated
The tokenomics of $KIMBO on the Avalanche network are designed to prioritize fairness, security, and community involvement. Here's a breakdown:
Total Supply: There are 69.42 billion $KIMBO tokens in total.
Fair Launch: Unlike many other projects, $KIMBO had a fair launch, meaning that no tokens were pre-allocated to the team. This approach ensures that the distribution is community-driven, with no single entity holding a large portion of the tokens, which is a common concern in other projects.
Liquidity: The liquidity pool for $KIMBO has been burned, enhancing the security of the token and reducing the risk of a rug pull, where developers might drain liquidity and abandon the project.
Contract: The contract for $KIMBO has been renounced, meaning that the developers no longer have control over the smart contract. This step further decentralizes the project and ensures that the token's behavior cannot be altered by the team.
These tokenomics highlight $KIMBO’s commitment to building a secure and community-centered project on the Avalanche blockchain
