KITAPrice

($KITA)

KITA encompasses two distinct projects: The Kita Foundation and KITA Waifu. The Kita Foundation aims to build a Web3.0 community platform leveraging a Social-Fi model. This platform rewards users for content creation, consumption, and overall community engagement, integrating blockchain into social networking. KITA Waifu, on the other hand, provides the KITA Next Terminal (KNT), a platform designed to simplify the creation and launch of tokens on the Base network, specifically targeting meme tokens by bringing them tangible utility. Both projects utilize the $KITA token within their respective frameworks.

The $KITA token serves multiple utilities. For the Kita Foundation, it's used for payments within the community, such as streaming music or NFT trading fees. It also facilitates community engagement through rewards and membership benefits, and holders can stake $KITA for governance decisions. A burning mechanism is in place to potentially reduce supply. For the KITA Waifu project, the native $KITA token is integral to its structured ecosystem, providing practical utility for customizing and launching new tokens via the KITA Next Terminal, enabling users to interact with and benefit from the platform's core functions.

For the KITA Waifu project, the $KITA token has a fixed total supply of 1,000,000,000 tokens. Its distribution strategy allocates 80% to liquidity, 6% for terminal ecosystem incentives, 4% for community growth and airdrops, 5% for marketing and strategic partnerships, and 5% for development and operations. A key aspect of its tokenomics is that the supply is fixed, with mint and freeze authorities permanently disabled on-chain. This means no new tokens can be created, and existing token balances cannot be frozen, ensuring scarcity and transparency.

Yes, staking is available for $KITA holders within the Kita Foundation project, primarily for participating in governance decisions. Staking offers a variable Annual Percentage Yield (APY), which is influenced by factors like liquidation events and token emissions. A notable feature is the absence of a lockup period for deposited $KITA, allowing users flexibility, and rewards can be claimed at any time, subject to standard transaction fees. While the project has undergone security audits, all decentralized finance (DeFi) protocols carry inherent risks, including potential smart contract vulnerabilities and economic exploits. Compatible Web3 wallets can be used for staking.

Security is a priority for the KITA project. The $KITA token has undergone audits by reputable security firms to identify and mitigate potential vulnerabilities. For the KITA Waifu project specifically, robust on-chain proofs and security practices are emphasized. This includes the permanent disabling of mint and freeze authorities, meaning no new tokens can ever be minted, and existing balances cannot be frozen or altered. Furthermore, all burn events and liquidity provider (LP) locks are publicly verifiable on-chain, providing transparency and immutable proof of these actions, enhancing overall trust and security.

The $KITA token is primarily available for trading on decentralized exchanges (DEXs). While specific platforms may vary, users can typically find $KITA/SOL trading pairs on popular DEXs. For those looking to acquire $KITA, it can often be obtained by swapping other cryptocurrencies. This process usually involves transferring funds from other major exchanges or crypto wallets to a compatible Web3 wallet, and then connecting that wallet to a DEX to execute the swap for $KITA. Always ensure you are using a legitimate exchange and a secure wallet.