$KOBAI — the tree
every flower grows on a branch. $KOBAI is the tree the whole garden grows on.
buyback & burn
kobai earns fees: launch fees, and trading fees on coins while they are on the curve. a share of every fee — TBD — is used to buy $KOBAI on the open market and burn it.
- every flower feeds the tree. the more coins are planted and traded, the more $KOBAI burns.
- buybacks are on-chain and public, like the petals.
- there is no staking and no reward to claim. like every coin on kobai, the value is in the burn.
supply
| | | | --- | --- | | ticker | $KOBAI | | chain | elysium | | total supply | TBD | | contract address | not yet | | buyback share of launchpad fees | TBD |
the launch method, distribution and any allocation will be documented here before launch — fully, with numbers. until then, every figure is TBD.
does $KOBAI have a flower too?
the plan is yes: $KOBAI would be launched the way every coin on kobai is, and burn its own five petals. this is not final and will be confirmed with the launch details.