Information for 3rd ILO (KillSwitch)

As we've mentioned before

The Second ILO we use BNB <=> BUSD LP and some user take benefits from short deflation periods of time when we buy back and burn coupon, so for next ILO we will use only BNB <=> COUPON LP.

This time specifically, we have to change to USDT <=> BUSD LP from foodcourt to buy ksw token.

Here are reasons ::

1) Lots of capital will be raising 5M$ USD for hardcap due to high amount of capital if we use BNB <=> COUPON LP users who come back later might buy higher price than they're expected, it might not just slightly different price it possible up to 100% to 200% higher.

2) We will not buy back one time after we received 30% from ILO, we will slowly buy back and burn within 1 weeks and different amout of capital for each time. This will protect user who want to gain benefits from one time high deflation.

2) We decide not only use USDT <=> BUSD LP from Killswitch ILO to buyback & burn within 1 weeks but also use many way to deflate $COUPON Token please stay tuned after KSW has finished. For example we might use some of stable coin to buyback coupon and boosted with killswitch (Please stay tuned for update)

Here are details ::

  • Killswitch will sale 20,000,000 KSW Token at 0.25$ per token.

  • 70% of LPS will go to ksw , 30% of LPS will go to foodcourt and use for buyback and burn

  • KillSwitch ILO will be start within OCT 2021

  • ILO sale periods is 7 days.

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