KleeKai is a decentralized transaction network that focuses on the community. That means KleeKai is completely decentralized and controlled by its users. Today, we’d like to discuss the project named KleeKai. We’ll let you in on a few insider tips that will come in handy when you invest in cryptocurrency. Also, keep an eye out for a lot more exciting KleeKai coin news to come! Not to mention, you can buy KLEE coin with crypto using Swapzone.
What is KleeKai?
began as a meme currency, but it has now evolved into a unique and addictive game called “KleeRun,” a fun peer-to-peer (P2P) game for all ages. The total supply of this cryptocurrency is 100 quadrillion, and the liquidity has been burned to a flat address where it can no longer be withdrawn to make it more unique. This means that KLEE will always exist and will not be able to draw liquidity from the pool; this also means that RUG pulls are not workable with this token.
Key Features of KLEE
The decision to create KleeKai stemmed from a desire to build a new and improved DogeCoin. A coin that can bring in new investors who are willing to put their money where their mouth is and believe in a new enterprise. The project has a few great features, and here are three of them:
Two Pools for Each Token
KleeKai does not use an order book like a traditional exchange. Instead, it depends on an automated market-making system to ensure liquidity. There is an Ether pool and a token pool for each ERC-20 token traded on KleeKai. And the ratio of the size of the ETH pool to the size of the token pool determines the price of a token at any given time.
Market-Matching Algorithm
When someone sells a token on KleeKai for ETH, the value of the token increases while the value of ETH declines. The token’s price is steadily reduced as a result of this. When someone buys a token for ETH, the number of tokens on KleeKai reduces while the number of ETH rises, driving the price to increase. An automatic market-matching algorithm determines the token’s price, ensuring that the quantity of ETH multiplied by the token pool remains constant.
Liquidity
Liquidity is ensured by the ongoing procedure of building a product market. As the order size grows, the transaction price grows asymptotically, ensuring that liquidity is always available. As a result, it offers modest to medium-sized trades with cheap spreads.
KleeKai Coin tokenomics
The KleeKai token, with the ticker KLEE, is a cryptocurrency launched on the Ethereum blockchain by an undisclosed country. KleeKai is riding the wave of cryptocurrency’s meteoric rise, which is gaining increasing interest and research from the general population. Of course, you already know what that means: more money from investors.
In addition, token holders will receive a passive income: a 2% automatic reflection, which is a form of passive income that each holder will get for holding the KleeKai token. As mentioned, the token’s worldwide reach and market capitalization rise, which means that the initial investment will also grow. The reflection rewards are distributed in real-time for all holders.
