2023-03-06 11:56:22
Introducing KOL (Key of Life - LIBERA next-gen) - the Hyper Deflationary Multichain Store of Value token
LIBERA has already become a great success. Within 7 months in the crypto winter, we grew a great community of 41,494 holders, locked $7M USD TVL, acquired $3.5M USD Liquidity and rewarded more than $5 million USD for our stakers!
But this is just the base for our next steps to become the world's most valued token. Today we are very happy to introduce to you our next big leap forward: KOL (Key of Life - LIBERA next-gen) - the Hyper Deflationary Multichain Store of Value token!
What's KOL
Key Of Life (KOL) is inspired by the Egyptian symbol ANKH or Key Of Life, that represents eternal life. We want to build a token that not only everyone want to hold for a great value appreciation overtime but also pass on to their next generations as the future's store of value. $KOL, with a hyper deflationary nature will eventually a store of value token better than gold or Bitcoin.
What's special about KOL
Limited supply with Hyper Burning Rate
Circulating supply of $KOL will start at 1 million tokens.
1% of every buy &
2.5% of every sell or transfer volume will be burned immediately.
Thanks to its limited supply & hyper deflationary nature, the more user's trading/transferring the more tokens will be burned. As volume is increasing rapidly with $KOL's multichain strategy, we will see higher supply reduction every month and a supply shock is coming soon to make $KOL's value go through the roof.
Earn 5% of every KOL transaction, automatically delivered to your wallet
Every time someone buy/sell/transfer in the ecosystem, 5% of their transfer will be distributed proportionally to the current holders (2.5% on BNB chains), so you will see your token growing continuously in your wallet. This is a great incentive for holders to keep $KOL for a long term.
With KOL's active multi chain strategy, so the longer time you hold, the bigger you earn from trading/ defi activities, automatically delivered to your wallet.
Earn 200+% APY in BNB, ETH, BTC... by locking KOL in Libera Bank LIBERA Bank is the profit sharing system where you can lock LIBERA or KOL liquidity to earn long term high rewards in top largest coins, at dip price in bears market, and reap the x10 to x100 benefit in bullish market.
Quadruple passive income streams at Libera Bank, ~ 200+% APY
7% LIBERA transaction fee in BTC, BNB, ETH, ADA, DOT, SOL, MATIC…
~100% LIBERO APY, auto compound every 30 minutes.
LIBERA Lps from 50% of protocol’s revenue in LIBERA Miner, Angels NFT and future products.
2.5% KOL transaction fee in the form of KOL-BNB LP.
Aggressive multi-chains strategy to create multiple flywheels
KOL will incentivize liquidity on multiple chains (BNB, Polygon, Arbitrum, Fantom, Optimism, Avalanche, Kava…) with treasury owned governance for Dexes where we can vote to direct emissions and create multiple flywheels on multiple chains.
This turns KOL into a high APR store of value token with hyper deflationary. As more people buy, bridge, arbitrage and LP, more supply is burned. A supply shock is coming!
Earn big by auto-compounding your tokens in KOL Automizer Vaults
KOL developed our own Multichain Automizer Vaults which automatically maximizes the user rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the whole DeFi ecosystem (you can think of Beefy combined with Reaper farm). The 5% performance fee (lowest on the market) will be used for max-locking and get governance of Dexes and boost the APR of KOL related LPs pools on these Dexes.
So all you need is a single click to zap you tokens into LPs (such as KOL-BNB, KOL-MATIC, KOL-ETH on multichain) and deposit into one of our vaults, KOL Automizer will do the auto harvesting, auto compounding, and auto lock & voting for you to make sure you get the best out of your KOL holdings on that chain.
Read more: https://docs.libero.financial/
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