Difference between revisions of "Klaytn (KLAY)"

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==History ==
==History ==
* From [https://www.coindesk.com/kakaos-klay-cryptocurrency-to-make-first-exchange-listing this] [[CoinDesk]] article:
* From [https://www.coindesk.com/kakaos-klay-cryptocurrency-to-make-first-exchange-listing this] [[CoinDesk]] article:
''"South Korean messaging giant [[Kakao|Kakao’s]] “klay” token – the native cryptocurrency of its recently launched [[Klaytn]] [[blockchain]] – is soon to make its first official exchange listing on [[Upbit|Upbit’s]] platform." Ground X, the firm set up by Kakao to develop the Klaytn network, announced the news in a [https://medium.com/klaytn/klaytn-debuts-its-initial-listing-on-upbit-346c679a2d32 Medium post].''
''"South Korean messaging giant [[Kakao|Kakao’s]] “klay” [[token]] – the native cryptocurrency of its recently launched [[Klaytn]] [[blockchain]] – is soon to make its first official exchange listing on [[Upbit|Upbit’s]] platform." Ground X, the firm set up by Kakao to develop the Klaytn network, announced the news in a [https://medium.com/klaytn/klaytn-debuts-its-initial-listing-on-upbit-346c679a2d32 Medium post].''


''The auction will run for 12 hours, or until a yet-to-be-determined hard cap is hit. Subsequently, successful bidders will receive their klays on Sept. 19. A klay/[[bitcoin]] trading pair will be enabled at a future date.''
''The auction will run for 12 hours, or until a yet-to-be-determined hard cap is hit. Subsequently, successful bidders will receive their klays on Sept. 19. A klay/[[bitcoin]] trading pair will be enabled at a future date.''


''The exchange added that Upbit and Klaytn won’t profit from the auction and Upbit will “redistribute all proceeds” to users in the future.''
''The exchange added that [[Upbit]] and Klaytn won’t profit from the auction and Upbit will “redistribute all proceeds” to users in the future.''


''Kakao has not responded to questions from CoinDesk regarding how it plans to redistribute the proceeds and how much klay cryptocurrency it will make available for the auction. The exchange did say a total of 10 billion klay will be distributed through to 2021 in monthly tranches ranging from 29 million to 278 million tokens."''
''Kakao has not responded to questions from CoinDesk regarding how it plans to redistribute the proceeds and how much klay cryptocurrency it will make available for the auction. The exchange did say a total of 10 billion klay will be [[distributed]] through to 2021 in monthly tranches ranging from 29 million to 278 million [[tokens]]."''
==Audits & Exploits==
==Audits & Exploits==
*[[Bug bounty]] program can be found [insert here].
*[[Bug bounty]] program can be found [insert here].
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==Usage ==
==Usage ==
===Projects that use or built on it===
===Projects that use or built on it===
* Klap Finance; [https://twitter.com/klapfinance/status/1540123345940893702 launched] [[mainnet]] on 24-6-2022
==Competition==
==Competition==


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Making these free wiki pages is fun but takes a lot of effort and time.
Making these free wiki pages is fun but takes a lot of effort and time.


If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.
If you have enjoyed reading, tips are appreciated :) This will help us to [[keep]] expanding this archive of information.


[[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31
[[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31
[[Category:Coins/Tokens]]
[[Category:Coins/Tokens]]

Revision as of 11:11, 11 July 2022

Basics

  • Based in:
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History

"South Korean messaging giant Kakao’s “klay” token – the native cryptocurrency of its recently launched Klaytn blockchain – is soon to make its first official exchange listing on Upbit’s platform." Ground X, the firm set up by Kakao to develop the Klaytn network, announced the news in a Medium post.

The auction will run for 12 hours, or until a yet-to-be-determined hard cap is hit. Subsequently, successful bidders will receive their klays on Sept. 19. A klay/bitcoin trading pair will be enabled at a future date.

The exchange added that Upbit and Klaytn won’t profit from the auction and Upbit will “redistribute all proceeds” to users in the future.

Kakao has not responded to questions from CoinDesk regarding how it plans to redistribute the proceeds and how much klay cryptocurrency it will make available for the auction. The exchange did say a total of 10 billion klay will be distributed through to 2021 in monthly tranches ranging from 29 million to 278 million tokens."

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