Dual Token Model
A short explanation on how our dual token mechanic works
We have created two new BEP-20 tokens.
  1. 1.
    KSLV, which can be traded like any other token. Its balance is static and behaves like a normal token.
  2. 2.
    SILVER, the actual 1-gram pegged silver token. This token decays in time to correspond with storage fees. If you hold 1,000 SILVER today, after a year you will be left with 998 SILVER.
The conversion ratio between the two tokens started as 1:1 on 30/05/2021 and decays by 1/18251th every 28,799 blocks according to the corresponding storage fees. This conversion mechanism is still a work in progress on the Kebab Swap UI.
In the meantime, you can convert KSLV to SILVER and vice-versa using the MetalConverter contract at the following address - 0xa9cb6A0ae51ee2e2f3D15E0eBa5491760cac41be
Last modified 6mo ago
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