💰$KIT Ecosystem
Last updated
Last updated
Kitsune is sustained by its own native SPL token "$KIT".
The $KIT ecosystem has been modelled for sustainability and growth, enabling Kitsune to effectively support its raider community, cover operational expenditures, and nurture further expansion.
There is a fee applied on every airdrop that automatically sends a fixed percentage of the allocated tokens to a Kitsune-owned wallet address.
This fee is 5% in the Freemium version, and 2.5% in Premium.
Tokens collected from this fee are used to support the $KIT ecosystem per the flow diagram below.
95% of tokens purchased in buybacks are channelled directly back to the Kitsune Community Pool to be airdropped daily to raiders in the Kitsune Telegram.
The remaining 5% are sent to a burn wallet address as a method of reducing the total supply and inflating the price per token.