Dear Community and Partners,
We regret to inform you that KiloEx has made the difficult decision to postpone our Token Generation Event (TGE), originally scheduled for March 17th. This adjustment is necessary to ensure the long-term success of the project. Below are the key reasons for this delay:
Token and New Staking Model Contract Audits
To meet the requirements of our partners, we are conducting additional third-party audits on both the token contract and the staking contract. These audits aim to ensure security, compliance, and robustness, providing users and the ecosystem with a safer and more trustworthy environment.
Next Steps
Revised TGE Timeline
Based on the current progress of the audits, the TGE is expected to proceed smoothly in April 2025.
Airdrop Allocation Adjustment
The initial Genesis Season airdrop allocation was set at 4% of the total token supply.
Following rigorous analysis, the Pioneer Season airdrop allocation currently stands at 3%, bringing the total airdrop allocation to 7% of the token supply.
In recent weeks, industry-wide discussions about airdrop distributions have underscored the critical importance of community-centric practices. After extensive internal deliberations, we have decided to increase the total airdrop allocation by an additional 1.5%, raising the total to 8.5%.
Updated Allocation:
Genesis Season: 5% of the token supply.
Pioneer Season: 3.5% of the token supply.
The 1.5% bonus allocation will be distributed entirely to users who interacted with KiloEx before March 16th at 09:00 UTC, with early users receiving proportionally higher allocations.
Commitment to the Community
We are fully committed to ensuring a secure and seamless launch and will continue to keep the community updated on all developments.
We sincerely appreciate your understanding and support, and we deeply regret any inconvenience caused by this timeline adjustment. The KiloEx team remains dedicated to delivering a product that meets the highest standards of quality, security, and community trust.
For real-time updates, please follow our official channels.
Thank you for standing with us.
The KiloEx Team
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