Koil Finance (KOIL)
Koil is a friendly fork of Balancer, deployed on the Fuse Network
Basics
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
Token Allocation
- From their blog (1-3-2022):
"The KOIL token will be the governance token of the Koil protocol and will have a maximum supply of 10 million. On launch day, 1.5 million tokens will be used for airdrops, the initial LBP, other strategic partnerships and marketing.
Starting on Day 1, the KOIL token will be rewarded at a rate of .55 token per block on the Fuse network. Every 17280 blocks, which is roughly equal to 1 day, rewards will decline by .1%. Maximum supply will be reached after approximately 2250 days or 6.5 years. For every 1 token that is created, 70% is distributed to the community rewards pool and 30% is sent to the team treasury. In support of those LPs, protocols and users who have been with us during our testing period we are planning an airdrop of 569,420 KOIL."
Utility
- From their blog (1-3-2022):
"The KOIL token will earn 40% of all fees generated by the platform. These fees will be paid out on a continuous basis to 80/20 KOIL LPs. Additionally, KOIL 80/20 LPs will eventually vote on a weekly basis for reward distribution across the entire protocol. Later versions will add bonuses for locked LP."
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on: Fuse Network and friendly fork of Balancer
How it works
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
Funding
Partners
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