What Is Kikswap (KIK) ?
Kikswap is a cross-chain meme token and spot trading platform to buy any meme token. It is built on the Binance Smart Chain. is a smart contract on-chain system on the Bsc that implements an automated liquidity protocol based on a “constant product. “formula”. Each pair keeps a pool of reserves of two assets, as well as providing liquidity for those two assets keeping the invariant that the product of reserves cannot be deplete
Kikswap Trader pays 20 basis points Fees for transactions that incur a fee of 15 basis points Liquidity provider and 5 basis point fees will be used for purchase Replace the KIK token and write it. Contract cannot be renewed. The protocol allows the creation of arbitrary Bep20/Bep20 pairs
Kikswap Rather than only supporting pairings among Bep20 and BNB. has tried to maintain its distinct reputation in the market through simply introducing advancements in the most basic offerings of yield farms, that is, decentralized meme exchange, multi chain staking and governance. This is mainly done to facilitate users.
Kikswap (KIK)Storage Key Points
|Circulating Supply||10.00B KIK|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Working of Spot trading Platform
Kikswap Using spot meme assets as first financial product offering, encourage community to provide liquidity to pools for seamless trading.
As a Buyer:
Kikswap As a trader you will research your desirable assets and meme token on and later on the website you can buy or sell on the platform at the current price.
As a Seller:
Kikswap As a seller you can short the market. In this respective strategy a seller can advance sell its meme tokens and assets, and when the price falls, sellers will be able to take profit from it.
Kikswap The market for automated market maker exchanges is a huge industry in itself across different crypto networks. Almost all blockchain in some way holds exchanges for facilitating their user base. Like all other major blockchains, Binance smart chain too, has a number of exchanges on the platform certainly due to its higher transaction throughput and speed. Kikswap’s competitors on Binance smart chain includes, pancake swap, panda swap, jetswap, apeswap, and many others, unlike they are not specific for meme tokens. Market adaptation
Kikswap has always been the need of the hour. This is here to cater to your needs. This DEX specializes in meme tokens. From staking these meme tokens to trading them with multi chain features Dogecoin, Shiba inu and Doge On Mars, are ruling the cryptoverse with an estimated market cap of $29.46B, $22.24B and $764.08M respectively
Use of Constant Product formula
Kikswap liquidity pool is a smart contract that holds reserves for two or more tokens and allows anyone to deposit or withdraw funds only according to very specific rules. One such rule is the constant product expression x * y = k. Where x and y are spares for the two tokens A and B. To withdraw a certain amount from Token A, you need to deposit a proportional amount from Token B to maintain a certain k value before the fee.
Multi-level Staking Mechanism
Kikswap Staking infrastructure is a combination of different pools on multiple blockchains which offers remarkable APR by just holding KIK tokens. reward KIK and other meme tokens in a multi-level staking, which are explained later
Kikswap Many other harvest farms try to trick you by burning tokens without repurchasing. This is meaningless and can be considered a scam. Let explain why. Suppose you have 50 BUSD tokens and 50 BNB tokens in your pool. The value of 1 BNB is now 1 BUSD. If someone sells 10BNB for 10 BUSD, 40 BUSD and 60BNB will remain in the pool. The value of 1BNB is currently 40/60, which is about $ 670 million, which is lower than the starting price. Burning tokens outside the liquidity pool does not change the price at all. This is a trick that other farms use to get you to invest money. These tokens are typically created or propagated by an administrator before the app is released to the public. They seem to be worth it, but they aren’t really.
Kikswap Governance is an indispensable need for any kind of institution, organization or services, as they grow in size and invite more participants; such as project. At its core, the underlying motive of governance is the facilitation of participants and alignment of their interests in such a way that leads to the long-term sustainability of the organization.
With KikSwap tokens, governance platform will enable you to create polls and vote for protocol changes that include changing the way operate, changing the way the platform generates revenue, changing the incentives and changing the world for the better.
Kikswap is the first multi chain staking protocol pegged to meme tokens. With multi chain technology on the network its community members will be able to stake any of meme tokens on kikswap’s staking pools. It will be a de facto staking token for all meme currencies using a similar strategy. Each meme token will have a different set of validators and delegators on the network. Whilst having their respective staking pools, where users can stake KIK in return for rewards in form of meme currencies.
$KIK Utility Token
The $KSWAP token’s main utility is Store of value, which means $KIK can be treated as investment due to its deflationary nature. It also provides the utility of serving as the governance token for the KikSwap dex. $KIK has a fixed supply of 10,000,000,000 tokens which will be used for the platform’s governance and rewards. 2,000,000,000 tokens will be locked for 20 years for community rewards to provide spot liquidity which will be unlocked every block (Unlocked amount will be decided by the community).