Kineko (KKO) DeFi Rating, Reviews and Details

Market

Pair

Price

Volume 24H

24H (price)

24H (volume)
Sushiswap

Pair KKO/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 one year ago

Market $ 0.0899

Volume 24H -

24H (price) -

24H (volume) -
Serum DEX

Pair KKO/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V 2 one year ago

Market -

Volume 24H -

24H (price) -

24H (volume) -

3 days

May, 2021

100% completed

$800 000

cap

goal

400% cap completed

200 000.00 USD

past

1 KKO

=

0.5 USD

Token Details

Ticker

KKO

Total supply

100000000

Accepted Currencies

ETH

Company Details

Registered Company Name

Kineko

Registered Country

Curaçao

Additional Details

MVP/Prototype

Yes

Platform

Ethereum

About Kineko

With Kineko being staked, generating yield will gain you the access to a share of the fees generated. Holding the Kineko token will gain you access to many onsite features like bonus bets, cash backs, odds boosting and many of the other features seen on traditional bookmakers. The Kineko token will be subject to deflationary mechanisms such as locks and burns to increase the holding and purchasing power of those active in the community. Governance will be rolled out as the app becomes more decentralized all according to our roadmap. All gaming licenses are in place and Kineko is a working product.
Kineko aims to bring these structures to a community driven gambling interface, with high-throughput sports betting and prediction markets offering real-time settlement.

Features

A Market Maker (MM) on the Kineko Protocol is a sophisticated participant that is responsible for creating new events/markets/outcomes, offering odds and laying bets. Data updates are possible in bulk transactions.

Two requirements are to be fulfilled to be recognized as a Market Maker in the Kineko Protocol. A minimum amount — that is a governed metric — has to be put up for liquidity in the Money Pool by the Market Maker in order to be able to open markets, supply odds and accept bets. If this requirement is not met, odds by said Market Maker will not be quarriable by the end-user and the protocol will reject any incoming requests before matching the bet.

Additionally a Market Maker has to put up collateral in $KKO, this will be determined by governance. This collateral will be frozen once fraudulent behavior is recognized by Governance, and burned if a guilty verdict is decided.

By protocol design Market Makers are competitors by odds-priority. Therefore creating an environment that drives Market Makers to efficiency and benefits the protocol end-user by prioritizing better odds. With that encouraging an interrelation between growing protocol usage volume and maker-side liquidity.