Kriptoks

Kuma is a unique community-driven meme cryptocurrency and DeFi platform that empowers its community members with a wide range of benefits in the cryptocurrency ecosystem. The platform aims to provide users with valuable crypto products and establish a robust community of token holders.

Kuma offers several key features that ensure that the platform benefits all community members. One of these features is the Kuma Breeder, a yield-farming protocol that aims to provide a fair token distribution system for the Kuma Inu community. The objective is to give users an opportunity to earn rewards while ensuring that the Kuma community benefits from the Breeder farming pools.

Another feature of Kuma is the Kuma Vault system that aims to maximize investment returns. Kuma Vaults work similarly to DeFi Vaults, where users can deposit tokens and receive comparable tokens. However, the unique feature of Kuma Vault is that users can withdraw the same token that they deposited.

Kuma Vessel is the decentralized autonomous governance structure of the Kuma Inu community. The organization aims to maintain control over the project's marketing, development, and other essential areas. The Kuma Vessel smart contract stores funds with a significant emphasis on community. Here, smart contracts are like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

Kuma DEX is a decentralized perpetual contract trading platform for meme coins. Kuma DEX uses virtual automated market makers (vAMMs) to enable perpetual contracts. The concept is based on AMMs (automated market makers) that allow traders to make token swaps using liquidity provided by users. A virtual automated market maker (vAMM) is a mechanism that provides virtual liquidity, allowing users to trade derivatives entirely on the blockchain.

The Kuma Inu community has two tokens, KUMA, and dKUMA. KUMA is the governance token of the Kuma DAO, and users can employ it for generating yields on Breeder. KUMA V1 was recently upgraded to KUMA V2. The other token, dKUMA, is the native utility token of the Kuma DEX platform.

The KumaDex platform utility and governance token dKUMA is built with a deflationary economic design. 50% of the platform trading fees will be allocated towards token buyback & burn to offset rewards token emission and increase the scarcity of dKUMA. This mechanism will help ensure that the value of dKUMA increases over time, making it an attractive investment option for the community members.

Kuma Inu's updated whitepaper was published in June 2021, and the whitepaper doesn't list any founders or teams since they are anonymous. Instead, it names its community members as the project owners. KUMA has a maximum total supply of 1,000 trillion KUMA, with 50% set aside for Ethereum founder Vitalik Buterin as a goodwill gesture. The Ecosystem Fund received 12% of the proceeds for marketing, development, etc. Founders sealed 10% of the tokens for 100 years. Ryoshi, another meme token, received 3% of the total supply, and the remaining 25% was traded on decentralized markets.

Kuma is a platform that values community participation, and users can stake KUMA on the platform to gain voting rights. The higher the number of tokens staked, the greater the vote's weight. With its unique features and community-oriented approach, Kuma is a promising platform that offers a wide range of benefits to its users.