$KAWA Security Protocols Explained

Trade Fee Distribution

There are two kinds of tax in Kawatoken’s business logic — buy and sell tax. The taxes are applied on every $KAWA token transaction (buy or sell) and accumulated to the contract.

  • Buy tax — the contract function is called buyTax with the default value of 5%. This function can be modified, but only to lower the tax, as it was hardcoded to a maximum value of 5%. The reason this function can be edited is to lower the buy tax to 0% during promotion period.-
  • On sell — 8% to treasury, 1% to developer

Initial Token Distribution

The total $KAWA supply is 999,999,999,999 tokens. Initially all tokens were minted to a multi sig wallet which then added 15% of the tokens to liquidity pool in Uniswap and locked them for 100 years on Unicrypt: https://app.unicrypt.network/amm/uni-v2/pair/0x71ab4e3a48d74a66e1cd4dc5ae74836b713d7378

Centralization Risks

According to the CertiK report:

  • Timelock on sensitive functions — Functions with higher sensitivity are timelocked for 48 hours to protect users and make sure they are aware if any change is made. Functions under timelock:
    changeMarketingWallet(),emergencyPause(),transferOwnership()
  • Richard Kayode : @Real0xRichard: 0x139eb2F8Abdd1c2809fc64cef3214943bb0d7e70
  • Fahad Abdulrahman : @Fahad_abu_Tamim : 0x3dbdBb2bDeAF4D8756e2375Bb7Aa841A069283ee
  • William Reynolds : @Sniperkawa : 0x9bfb0E684dEDDC637648A642EF5eFE26832c48ba
  • Michael Synan : @0x_forest : 0xb11ec03332082ddfcbef1f87e464a1f28a342b41

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Kawakami

Kawakami

92 Followers

The decentralized ecosystem for meme tokens fueled by the KAWA token on the Ethereum network. Join our community: https://discord.gg/kawakami