Introducing $dKUMA, Kuma Breeder and Kuma Dex
What is Kuma Dex?
Kuma Dex is a decentralized, vAMM based perpetual contracting trading platform for meme coins like SHIB, AKITA, ELON, KUMA, etc.
Unlike traditional AMMs, people can trade perpetual futures contracts utilizing the constant product market maker formula with up to 25x long or short leverage.
vAMM is pretty similar to traditional Automated Market Makers like Uniswap, however, AMMs cannot support Futures Trading. Its definition has been introduced by Perpetual Protocol.
Traders will utilize USDC as collateral to open long or short positions in a given asset. An important difference to note is that no swap is occurring. Unlike other AMMs, for example, where traders arrive with asset A and leave with asset B, on Kuma Dex traders will always arrive with USDC and leave with USDC. All profits/losses will also be in USDC since there are no liquidity providers inside vAMMs.
More details will be introduced through our WhitePaper.
Introducing our governance token $dKUMA
dKUMA is a new token for Kuma Inu Community and it is the primary utility token of Kuma Dex.
So what exactly can you do with dKUMA:
- dKUMA allows whoever is in possession of it to vote for the Kuma Dex ecosystem.
- dKUMA holders can become stakers by staking dKUMA tokens to a Kuma Dex Staking Pool. In return, stakers are rewarded with a portion of the transaction fees in stable coins.
- Can enjoy farming in Kuma Breeder.
We do not send tokens to VB, additionally, tokens will be fairly distributed to the community through Kuma Breeder. It’s Safu…
As our community continues to work towards a fully decentralized project, we currently do not conduct any pre-sale or public sale for dKUMA tokens.
We ultimately aim to distribute dKUMA tokens through the Kuma Breeder.
Everyone can mine dKUMA tokens by staking meme coins.
LP token Pools
dKUMA-ETH UNI-V2 LP — 1500 AP
KUMA-ETH UNI-V2 LP — 750 AP
SHIB-ETH UNI-V2 LP — 100 AP
LEASH-ETH UNI-V2 LP — 100 AP
AKITA-ETH UNI-V2 LP — 100 AP
ELON-ETH UNI-V2 LP — 100 AP
Meme token Pools
KUMA — 100 AP
SHIB — 50 AP
LEASH — 50 AP
AKITA — 50 AP
ELON — 50 AP
⚠️⚠️ What you need to know to participate in Kuma Breeder ⚠️⚠️
There will be a 3% fee when you stake tokens to the pools of Kuma Breeder.
Will the team take this fee? No!!
This fee will be used to buy back and burn dKUMA to bootstrap the price flow of dKUMA tokens.
Also, there will be a deposit limit amount to protect whales from mining too many dKUMA.