It's easy to do -- just buy and hold KBUX in your non-custodial wallet. As people buy and sell the token, the Kavabux contract will keep track of your share of the rewards. The more you hold, the higher % of rewards you will earn!
We wanted to keep the total supply down to a reasonable number. We aren't huge fans of tokens with supplies in the trillions+
10% (or 10 million) of the supply will go straight into the staking/event wallet, which will be used to provide KBUX staking rewards in the future once our staking platform goes live, and also for upcoming community events such as contests and/or giveaways.
The majority of token supply is going straight into the initial liquidity on Surfswap!
In order to provide rewards to holders, Kavabux has a reasonable buy and sell tax of 10% which is broken down and explained in detail below.
To help ensure token holdings are distributed evenly, Kavabux enforces a max wallet of 2% (2 million KBUX).
In order to help prevent against extremely large price swings in a single transaction, we enforce a maximum transaction of 500k KBUX.
6% goes to token holders paid as reflections in native Kava.
2% goes to the Kavabux team for marketing purposes.
1% goes to building a healthy liquidity*
1% goes into the staking/event wallet*
* At launch, until our staking platform goes live: 2% will go to liquidity, and 0% will go to the staking/community wallet since it's starting with 10% of the total supply already.
