KLEEKAI - What Is KLEEKAI - How It Works - KLEEKAI KLEE TOKEN Review
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⚡️ OFFICIAL WEBSITE 👉 https://klee.finance/
⚡️ KLEEKAI EXCHANGE 👉http://getbonus.link/kleekai
⚡️ OFFICIAL TELEGRAM 👉 https://t.me/KleeKaiCommunity
⚡️ KLEEKAI INSTAGRAM 👉 / kleekaitok
⚡️ KLEEKAI TWITTER 👉 https://twitter.com/KleeKaiETH?s=20
Hi! As always, we talk about cryptocurrencies and the promising ICOs that are taking place. I am convinced that blockchain technology will become more and more aggressively integrated into everyday life and increase its audience of followers every year. Therefore, at the very least, it is necessary to keep abreast of new projects and developments in this area. Today I want to introduce you to a company called KleeKai. I'll let you in on a few secrets that will be useful to you. Stay tuned, there will be a lot of interesting things to come! Also, don't forget to subscribe to our channel and leave your likes!
KleeKai is a decentralized, community-oriented transactional network. This means that KleeKai is fully decentralized and belongs to its fun, energetic community. The team welcomes and embraces different perspectives to create KleeKai into the best cryptocurrency community. KleeKai is born as an honest startup, so obviously there are no "team tokens." The developer and his team bought $KLEE on the open market, they are investors like everyone else.
KleeKai is riding the wave of the great success of cryptocurrencies, which are constantly attracting more attention and research from the general public. You know what that means: more investors.
The decision to create KleeKai was made based on the need to create a new and better Dog Coin. A coin that can introduce new investors who are willing to truly believe in a new project.
Their goal is not only to give life to a new "memecoin", the team is working hard to make $KLEE a potential coin with real value. That's why the KleeKai team decided to integrate a redistribution mechanism: all holders continuously earn thanks to a two percent reward from each buy and sell transaction. This means that those who believe in $KLEE are being rewarded for the trust; when investors hold $KLEE, their balance automatically increases, following a distribution scheme calculated by transaction size that automatically distributes tokens fairly to all token holders.
Unlike a regular exchange, KleeKai does not use an order book. Instead, it uses an automated market-making mechanism that guarantees liquidity. Each ERC-20 token traded on KleeKai has an ether pool and a token pool. The price of a token at any given time is the ratio of the size of the ETH pool to the size of the token pool.
Every time someone sells a token for ETH on KleeKai, the amount of token increases and the amount of ETH decreases. This gradually lowers the price of the token. Every time someone buys a token for ETH, the amount of token on KLEEKAI decreases and the amount of ETH increases, causing the price to rise. The price of the token is dictated by an automatic market-matching algorithm to ensure that the amount of ETH multiplied by the token pool stays the same.
The constant mechanism of creating a product market also guarantees liquidity. As the order size increases, the transaction price increases asymptotically, so there will always be liquidity. It provides small to medium trades with relatively low spreads.
This market-making mechanism also provides a relatively simple exchange structure. When it comes to smart contracts, simpler is better in many ways. Simpler code lowers gas fees and is also good from a security standpoint. Simpler code is easier to verify, easier to test, and has a smaller attack surface.
The offering consists of $100 quadrillion of KLEE, and 100% of the liquidity is sent to the burning address: by burning it all, there is no risk of "pulling the rug out," it ensures that no one can take the liquidity. This makes it safe to invest in KLEE$.
As for the project roadmap, as you can see from the information on the website, the first phase is called Growth. They want 1,000 holders, Website Launch, Listing on CoinGecko, 1,000 Telegram members, Community Marketing Fund, Marketing Campaign, Listing on CoinMarketCap, and 5,000 holders at the end of that phase.
When it comes to the second phase, which is called Expansion, they want to have 5,000 Telegram members, Website Redesign. After that, their goal is 10,000 owners and 10,000 Telegram members. At the end of the second phase, they see 20,000 owners and a Listing on Big Cex.
Given the team's best efforts, they can easily achieve their goals.
Before making any purchase or sale, the team strongly recommends reading the whitepaper, on the official website of the network and make an informed decision. This is a technical document designed to make sure you fully understand this coin and its purpose.
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