Tokenomics

300,000,000 Maximum Supply.

10M sold for $0.0035 during the initial sale. ($35K)

20M sold for $0.005 during the pre-sale ($100K)

150M sold for $0.01 via an on-site smart contract ($1.5M)

30M reserved for adding permanent liquidity.

50M held for the Kokolato Reserve Protocol

60M for team and partnerships.

Funds from the on-site smart contract token sale are utilized accordingly

20% is automatically paired with CHEF tokens reserved for adding liquidity.

10% is placed into the Kokolato Reserve Protocol.

The remaining funds are used to develop Kokolato's business infrastructure.

Liquidity is stored in a Balancer LP with 50% CHEF, 25% MAI, 10% ETH, 10% BTC, 10% Matic. Stored on Matic Chain.

Users can exchange their CHEF tokens for NFTs.

5% of CHEF used to mint is burned.

30-50% of CHEF is transferred to the Kokolato Reserve Protocol.

45-65% of CHEF is sold and used to fund Kokolato operations.

[Variable range determined by the economic health of CHEF token as established by the Kokolato Reserve Protocol]

We're currently doing due diligence to see if we can create a mechanism where 50% of the net profits from Kokolato could be used to buy CHEF. Those CHEF tokens would then be transferred to the NFT holders. The remaining 50% of profits would be used to expand Kokolato operations and increase returns for NFT holders over time.

The Kokolato Reserve Protocol is a trading bot that trades the CHEF Balancer LP with the intention of producing additional revenue while balancing the value of CHEF within a 0.3-30% spread of the target price. Drastically reducing drawdown for our customers.

CHEF token has an automated 1/101 transfer fee for amounts under 1,000,000 units. Transfer fee changes to 1/303 for amounts over 1,000,000 units.

50% of the fee is burned, and the other 50% is sent to the Kokolato Gnosis Multi-Sig.