The token
$KABUDEX is the token of the marketplace. Its one mechanism is simple: Kabudex's share of launchpad fees buys it in its own pool and burns it.
Where it comes from
$KABUDEX was launched by the team on Pons, a launchpad on Robinhood Chain, like any other token there, and trades in its own pool on Robinhood Chain. Its contract address is published on the token page of this site once it exists, and nowhere else on the site.
How fees reach it
- 1Trades on launched tokens
Every buy and sell of a token launched through Kabudex pays the creator's fee to its pool.
- 2The split
Doppler's hook keeps 5%. Of the rest, 30% is paid to Kabudex's treasury in the pair asset (ETH, USDG or a stock).
- 3The buyback
The treasury uses that share to buy $KABUDEX in its pool.
- 4The burn
The tokens bought are sent to
0x000000000000000000000000000000000000dEaD, an address nobody controls. They leave circulation for good.
Every buyback and burn is an ordinary transaction on Robinhood Chain and can be checked on the explorer. The token page lists them once the token is live.
What it is
- A token whose circulating supply shrinks as the launchpad is used.
- A direct, visible link between activity on Kabudex and the token, with no step that depends on anyone's promise beyond the treasury doing the buyback.
What it is not
- It is not a share in Kabudex and gives no claim on its treasury or income.
- It pays no dividend and no yield, and holding it earns nothing directly.
- It does not give a vote on how Kabudex works.
- It is not needed to use Kabudex. Every operation works the same without it.
The burn depends on trading activity in launched tokens, which can be large, small or nothing. Nothing on this site is investment advice, and the price of any token can go to zero.