KiX
  • GETTING STARTED
    • 👁️KiX Vision - An Introduction
    • 📣Onboarding Simplified: Wallet or No-Wallet
      • Onboarding using a Social Login
      • Onboarding using a Wallet
    • 🌠KiX Token Ecosystem
      • Buying $KIX platform token
        • Step by step buying KIX with USDT
      • Built on Ethereum & Polygon
  • THE BASICS
    • 🪙KiX Platform Token
      • On-Demand $KiX Issuance Mechanism
      • $KIX Liquidity Program
    • ⚽DAT Footballer NFTs
      • Trading DAT
        • DAT Sales Ticket
        • DAT Liquidity
        • DAT NFT Standard
        • DAT Bonding Curve
        • DAT Commissions
      • Portfolios
      • IPOing Footballers
    • 🪙Rewards
      • KiX Node Runner Program
      • KiX Rewards Contest
      • Game Groups
      • Sustainability
    • 📊Performance Scores
      • Performance Matrix
    • 💰KiX Economy
      • Economy Schematic
      • KiX Tokenomics
      • Locking $KIX
      • Fees & Commissions
  • FURTHER INFORMATION
    • Why KiX is a DAO
      • DAO Voting & Governance
    • KiX Team
    • KiX vs The Competition
      • We're a DAO
      • Trading Tokens vs Collecting NFTs
      • The Importance of Liquidity
      • Complete Ecosystem
      • KiX vs Alt Coins
    • KiX Revenue
    • Roadmap
    • FAQ
    • Glossary
    • Account Abstraction
    • KiX Constitution
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  1. THE BASICS
  2. KiX Platform Token

On-Demand $KiX Issuance Mechanism

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Last updated 3 months ago

Upon launch the number of $KIX available in the KiX will be relatively small and insufficient to cater for future demand when greater numbers of traders have been onboarded.

Within the a total of 400 million 'on-demand' tokens are set aside to meet this demand as and when it arises.

Over time with increased activity and demand upon the platform, the liquidity reserves will need to grow to accommodate a percentage of the 400 million 'on-demand' tokens set aside.

It is essential for KiX to find the correct balance between this over inflated price characteristic, and on the other hand, an oversupply of $KIX flooding the market and depressing the price.

Some other protocols issue their tokens in large tranches as and when they see fit or according to a purely time based schedule. As a consequence, the issuance of tokens looks like a series of steps, rather than a smooth curve.

We believe that a continuous release of tokens to meet excess demand is more decentralized, consistent and predictable.

1 in 3 $KIX tokens purchased by Users using the KiX platform will be supplied from the 400 million $KiX On-Demand Pool. This is the primary market and can be deemed as fresh supply of $KIX issuance.

The issuance figure will always be published, is intended to decrease over time, and will ultimately be governed by the community.

The $USDT funds realised from the issuance of $KIX tokens from the On-Demand Pool will be held by the KIX Treasury for express purpose of liquidity management.

* PLEASE NOTE: Under regulation KiX is not offered or promoted to UK users or residents. *

Failing to do this would result in unstainable and unrealistic inflation in the $KIX price, which would also skew the price of DAT tokens and cause slippage within the .

The remaining 2 $KIX will be provided by the .

$KIX Tokens may added to the by adding $KiX with a corresponding value of $USDT reflecting the prevailing $KIX price. This has a neutral impact on price, but the price reduces sensitivity and slippage within the .

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KiX Tokenomics
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