With @KodiakFi entering a deep decentralized phase, the KDK Foundation has been officially established. It will be fully responsible for the governance, staking, and economic model management of $KDK/$xKDK. Key features of the dual-token system: - $KDK: A circulating utility token with a maximum supply of 100 million. - $xKDK: A non-transferable custodial governance token used for staking to participate in governance and earn protocol rewards. Unique conversion mechanism: - $KDK can be instantly converted to $xKDK at a 1:1 ratio. - Redeeming $xKDK from $KDK has a vesting period of 15 days to 6 months, with a ratio ranging from 1:0.5 to 1:1 (for periods shorter than the maximum, a portion of the tokens will be forfeited and injected into the rewards pool). 💰 Protocol revenue distribution (approximately 90%): - 60% is used for open market buybacks of $KDK → injected into the Kodiak Reserve (protocol insurance fund). - 30% is used to increase protocol liquidity (POL). 📅 Key dates: Trading launch: December 23, 22:00 UTC+8 @KodiakFi DEX Synchronization On-chain Liquidity: KDK/USDT (0.3%), KDK/BERA (0.05%), KDK/WBTC (0.05%) This is a significant step for Kodiak as the liquidity hub of Berachain towards maturity and autonomy, and a key deepening of the PoL ecosystem's value capture mechanism! $BERA #berachain

Most of the so-called consensus and communities of Memecoins today are just driven by a dream of wealth, built on a spirit of entertainment and freedom, to construct and spread their own ideas, and then continuously grow stronger, ultimately selling themselves to those willing to accept and endorse them—the "Elon Musks." But who can hold on until the very end, or until they reach their desired price? So many cryptocurrencies think they're the next golden goose, with virtually no difference in advantages and disadvantages. Price differences of several times or even tens of times don't really matter; in the mid-to-late stages, most are just cannon fodder. #meme

According to Bijie.com, Plasma announced a partnership with the DeFi protocol Fluid, and Fluid will launch DEX V2 on the Plasma chain.