$KILIMANJARO — dev tokens update

Kilimanjaro Finance
2 min readMay 8, 2021

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On Tuesday May 11th, the 150.000 $KILI dev tokens were unlocked.

This is what happened next:

  1. TOTAL TO BE UNLOCKED: 150.000 $KILI dev tokens

The moment the tokens were unlocked, the 5% tax (7500 $KILI) was executed.

  • 3750 $KILI will be burned 🔥
  • 3750 $KILI will go to the lottery pot 🎟️

TOTAL AFTER UNLOCKED: 142.500 $KILI dev tokens

2. In order to fulfill our promise of adding 500 $KILI to each daily pot for two months, we created a new wallet with the amount needed for that.

  • 21 DAYS OF MAY — 500 KILI PER DAY = 10.500 $KILI
  • 30 DAYS OF JUNE — 500 KILI PER DAY = 15.000 $KILI

Wallet needed for pot filling was provided with 25.500 $KILI in total after tax. For that, we sent 26.842 $KILI to take into consideration the 5% tax (1.342 $KILI)

  • 671 $KILI will be burned 🔥
  • 671 $KILI will go to the lottery pot 🎟️

Transaction:

TOTAL AFTER TRANSFER: 115.658 $KILI dev tokens

3. In order to be able to feed tokens to the exchanges we are going to be listed (one is already approved, the other is really close to it) we created another wallet that will hold those funds:

  • 15.000 $KILI FOR EXCHANGE 1
  • 15.000 $KILI FOR EXCHANGE 2

Wallet needed for exchanges was provided with 30.0000 $KILI in total after tax. For that, we sent 31.580 $KILI to take into consideration the 5% tax (1.580 $KILI)

  • 790 $KILI will be burned 🔥
  • 790 $KILI will go to the lottery pot 🎟️

Transaction:

TOTAL AFTER TRANSFER: 84.078 $KILI dev tokens

4. As we did with marketing funds, we created a progressive re-locking of the remaining $KILI dev tokens. In this case, the unlock will be triggered every two weeks:

  • 14.078 $KILI tokens will remain unlocked
  • Remaining 70.000 $KILI tokens were locked and will unlock in the following dates:

7000 $KILI — May 25th

7000 $KILI— June 8th

7000 $KILI — June 22nd

7000 $KILI— July 6th

7000 $KILI— July 20th

7000 $KILI — August 3rd

7000 $KILI— August 17th

7000 $KILI — August 31st

7000 $KILI — September 14th

7000 $KILI— September 28th

Check the following link to see the locks done via TrustSwap:

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Kilimanjaro Finance
Kilimanjaro Finance

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