KPerp.Exchange Launch Schedule and KPE Distribution

KPerp.Exchange is a decentralised exchange for swap and perpetual trading. It takes the idea of AMMs and improves on it by drastically reducing slippage with large orders and the risk of liquidation to traders. It achieves this by using an aggregate of high-quality price feeds by Witnet and other quality sources to reduce the temporary wicks that can cause liquidation events.

KPE is the utility and governance token of KPerp.Exchange which allows stakers to claim 30% of the fees collected from across the platform. The staking of KPE will accrue rewards in escrowed KPE (esKPE), Multiplier Points and Kava EVM. Escrowed KPE have the same rights and rewards as KPE.

KPE token distribution:

  • 500,000 KPE reserved marketing, partnerships and community development (not allocated)

KPerp.Exchange Token Info

  • Listing price: 1 USDC

KPerp.Exchange Presale

Whitelisted public presale = 600,000 KPE at 8% discount (0.92 USDC/KPE), 500 slots

12% of the total supply (600,000) KPE tokens will be distributed through a presale:

Public Presale:

  • Presale price: 0.92 USDC

Presale Timeline

  • 14. November 2022, 12:00 pm GMT: Whitelist opens

Development Timeline

  • 29. November 2022: KPE token distribution

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Decentralised Perpetual Exchange Launching on @kava_platform

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