According to the QIP-4 voted by the community, KUN tokens will be divided as follows:
5% owned by the community development team, which has release schedule with 50% on 12 months, 50% on 24 months;
25% strategic investment share, introducing external investors, acquiring resources for project development;
50% community development, including governance mining, mining during the launch of QIAN V1, and mining when QIAN V2 is about to be launched. About 6% token of this part will be deposited into Binance Bridge compatible tools, i.e. Bridge tool offered by BurgerSwap, for community members to use.
KUN total supply will remain 12 million, ETH and BSC network has 50% each other.
The KUN for the marketing and community development team has been generated today and deposited in the following address:
Marketing promotion KUN token management address 0x202113f07Fd852606C5D79615f5a7d91a2bd67f4, currently manages a total of 1,200,000 ERC-20 KUN and 1,200,000 BEP-20 KUN;
The community development team KUN holding address 0x20212521370Dd2ddE0b0e3aC25b65EB3E859d303, currently holding 300,000 ERC-20 KUN and 300,000 BEP-20 KUN
The tokens of the community development team will be locked into the governance lock-up contract and register for voting from 18:00 on February 2, 2021, Singapore time. As members of the QIAN community, the development team will actively participate in the community governance practice of the QIAN project, this part of KUN will not be used for other purposes besides voting until unlocked. Among them, 50% of KUN tokens will be unlocked after 12 months, and the remaining 50% of KUN will be unlocked after 24 months.
KUN in the marketing address will not be locked and will be used according to the needs of the community & project development.
According to the application post sent by Jaex Exchange and the success of CoinEx's KUN listing activities, the dev team are now applying to the community for the following token expenditures for market activities:
Pay 5,000 KUN to Jaex Exchange as an incentive for users of the trading competition;
Pay 50,000 KUN to the address "0xaa……f98" for the tokens of CoinEx listing activities;