Introducing dKOI 🐲

We’ve listened to community feedback and have developed a mechanism to help reduce KOI sell pressure while rewarding our most loyal…

KoiPond BRC20 Launchpad

19 Jan 2024 — 2 min read

Be sure to read all the way to the bottom of this article for a nice surprise for our most loyal KOI holders! :)

We’ve listened to community feedback and have developed a mechanism to help reduce KOI sell pressure while simultaneously rewarding our most devoted community members. Read on to learn more!

Introducing dKOI.

This year, the year of the Dragon, our beloved KOI goes supersonic. We’ve introduced dKOI, a powered up version of KOI, which gives users special abilities to enter into token launches.

dKOI, or dragon KOI, as the team more affectionately calls it, is a wrapped version of KOI.

Everytime a user now wants to participate in a token sale, they will have to first wrap their KOI. dKOI will be able to be wrapped or unwrapped via the KoiPond platform.

There will be a levy to both wrap and unwrap your KOI:

1% levy to wrap KOI
2% levy to unwrap dKOI

Benefits of dKOI

5% of all wrapping and unwrapping fees (in KOI) will be BURNED! 🔥
Fees will also be shared amongst KOI stakers and LP providers (coming soon 👀)

These fees will also go to supporting the treasury and benefiting KOI holders.

When will dKOI go live?

The wrapping and unwrapping function will go live during our next launch.

Users will be able to wrap their KOI for dKOI on https://koipond.fi/

Important Note

In order to achieve the dKOI functionality, the team has had to upgrade the KOI contract. As such, we will be migrating to a new token address: 0x8df5066Cf67D909eB67B82854cf54026d31fFFAE

We have already airdropped all current KOI holders this “KOI V2” token. Please check your wallets to see it!

We’ll be removing all liquidity from the original KOI and transferring it to KOI V2. The team will no longer be providing liquidity for KOI V1.

Users who purchased KOI during our Fjord Foundry LBP and haven’t claimed it, please message us via telegram: https://t.me/KoiPondBRC20 where we will be able to verify your ownership and send you replacement V2 tokens.

Bonus Announcement ✨

As a thank you to our most loyal community members, we will be airdropping some bonus KOI V2 to any holders who have not sold KOI since our initial token launch on Fjord! ❤