As we prepare for the launch of our highly anticipated Multilayer Yield Generation (more details here), we are proud to introduce one of the foundations of the system: Our very own KuDOS DEX, or the KEX!
The KEX will serve as the Decentralized Exchange for our KuWINDOWS Farming Platform. Additionally, the KEX will be fully integrated with KuDOS’s tooling platform.
This means: KEX gets priority access to our Trade Limit bot integration; Token/Project Alpha hunter; Token information; Wallet tracking; and so on.
You cannot trade KuDOS at the KEX just yet. This will be enabled as soon as KuWINDOWS Farming goes live. This is done so that our users get the full benefits of using KuDOS. However, trading on other tokens is enabled. Which brings us to…
Upcoming features at KEX
KEX will launch with its very own Alpha Hunting Tool, which is known to KuDOS users as the “newtokens” App. Tokens launched at KEX will trigger a more complete set of alpha information, which will get posted to the KuDOS “newtokens” App as well as the KuDOS New Tokens notification channel at Telegram.
This Alpha Hunting Tool will include indicators such as Liquidity-Total Supply Ratio; other tokens deployed by the same author; contract source code validation; and so on. Our aim is to help you get as much information as possible to help you identify obvious scams.
Whitelisting at the KEX requires extensive analysis of a token’s source code; team structure; tokenomics; and so on.
Important for KuDOS Holders: Once the KuWINDOWS Farming platform goes live, we will launch Reward Pools for KuDOS and our L2 Tokens! Other whitelisted tokens at KEX will also get access to these Reward Pools.
How will KuDOS fit into the multilayered ecosystem?
The KuDOS Token is the king of our ecosystem. To access the Layer-2 Tokens, users will need to farm them using KuDOS-KCS LP, or single-stake KuDOS.
The first Layer-2 Token to launch will be KEX. KEX will become the ecosystem’s Governance Token. KEX will be mintable by using KuDOS-KCS LP, or single-stake KuDOS. More details on KEX’s Tokenomics will be released once KuWINDOWS Farming goes live.
Further Layer-2 Tokens will be mintable either with KEX of KuDOS LP Tokens; with their APRs being autobalanced to optimize their tokenomics for price stability.
