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The KAPS project creates an ecosystem consisting of a discussion forum for community-generated content by crypto and blockchain enthusiasts that is underpinned by a utility token with a fixed total supply used for subscriptions and as an incentive mechanism.
The KAPS token, which is the backbone of the ecosystem, is a Binance Smart Chain token that secures a reserve pool while applying several ingenious mechanisms for transaction fee splits, allowing the reserve to grow over time. What is more, KAPS tokens give governance rights to its holders, allowing them to place votes through the voting tool on the discussion forum regarding important ecosystem development decisions.
KAPS aims to create a one-stop place for cryptocurrency advocates for democratic discussion while introducing a community-driven token based on tamper-proof tokenomics offering a solid price floor. The first version of the KAPS project will be just the beginning - in the foreseeable future, KAPS is planning to become one of the leading tokens within the DeFi space.
The community-driven token with a limited supply, a growing reserve and reward pool.
KAPS is a BSC token on the BEP20 standard that offers a solid price floor through the formation of an initial stablecoin reserve and reinforcing it with transaction fees over time. The token is used for governance and rewards its active community members with fee cashbacks.