💵$KEK Tokenomics

The $KEK token serves as the backbone of the KekBots.ai ecosystem, facilitating transactions, incentivizing user engagement, and enabling access to advanced features. Its deflationary design ensures long-term value for token holders. The $KEK token has multiple utilities as laid out below.

Accessing the KekBots platform:

Users need $KEK tokens to pay for the following on the KekBots platform:

• To create new KekBots;

• To enhance existing ones with premium features;

• To unlock additional functionality on the platform such as bot analytics, multi-agents and bot wallets and trading.

Burning and Redistribution:

• Burning: A portion of $KEK tokens from revenue used for transactions on the platform (e.g. KekBot creation) is permanently removed from circulation, reducing supply.

• Redistribution: A portion of the spent tokens is redirected:

  • Into a reward pool for active and contributing users;

  • Into a Governance pool reserved for platform operations, partnerships, and ecosystem growth. Kekbot agent token supply (0.5% per launched token) also goes into the Governance pool - more information here.

Governance:

Governance functionality will empower token holders to shape the platform’s future.

Revenue Governance:

• A portion of the platform’s accrued revenue will be allocated to a Governance Pool.

• Token holders will vote on how to utilize these funds, such as:

  • Platform upgrades.

  • Community initiatives.

  • Ecosystem expansion efforts.

Platform Governance:

• Token holders have the right to propose and vote on:

  • Changes to the platform’s features or policies.

  • Adjustments to tokenomics, such as burn and redistribution rates.

  • New feature integrations or platform expansions.

Voting Mechanics:

• Votes are weighted based on the number of $KEK tokens held.

• Decisions are executed through smart contracts, ensuring a decentralized and democratic governance model.