8. FAQ

Q: When will you launch?

we will officially lanuch the new DEX on bsc mainnet by the 28th of June.

Q: Is it Secure?

A: We work extremely hard to secure all aspects of kaoyaswap. we also have audited our smart contract by peckshield.

Q: What is KaoyaSwap?

A: KaoyaSwap (https://kaoyaswap.com/) is a Uniswap-inspired investment platform dedicated to ‘multiplying’ the income for liquidity providers. Whereas most other platforms primarily rely on transaction fees, KaoyaSwap also has significant investment returns by optimally and automatically investing a part of the idle liquidity in the most profitable platform(s), automatically adjusted every day. If likened to a foreign exchange, then KaoyaSwap is depositing part of its assets into the bank to earn interest.

Q: Where can I buy KAOYA?

A: Currently, you can get KAOYA on KaoyaSwap Exchange and PancakeSwap

Q: Will KaoyaSwap's assets be used for the aelf community or the Kaoya community?

A: Unlike SushiSwap, which distributes 10% of its funding each time to the founding team for development, future iterations, audits, etc. KaoyaSwap did away with such “development funds”. KAOYA tokens are 100% distributed based on liquidity mining, without any pre-sale, pre-mining and team distribution.

Q: What is timelock?

A: Timelock means that every change in the protocol must be announced and broadcast to the network for 2 days before it goes live like Sushi. Timelock cannot lock liquidity, It is to prevent anyone from stealing tokens.

Q:How does Staking work? Why am I not seeing my investment go up?

A:KaoyaSwap offers staking to incentivize users who hold and stake tokens. Users can stake their tokens at any time without time locks. When staking KAOYA tokens, the tokens are converted into BNB or BUSD as redemption voucher. The amount of BNB or BUSD at the time of initial conversion will be the same as the amount of the staked KAOYA tokens. BNB or BUSD will appreciate as the returns in KAOYA increase; the higher the returns, the more valuable the BNB or BUSD, the more KAOYA tokens users can withdraw.

Over time, KAOYA tokens are bought back from the platform via multiple means, such as income from Investment and Exchange. Bought back tokens are made available to the stakers on the KaoyaSwap platform. Over time, the amount of available bought back KAOYA will increase. However, the amount of BNB or BUSD will stay the same in a user's account; this makes BNB or BUSD worth more over time. When the user decides to withdraw his/her tokens from staking, the available BNB or BUSD will yield more KAOYA tokens than initially staked.

Important note: during the staking process, it will seem like no tokens are earned, as the BNB or BUSD amount in the wallet does not change. However, if you look at the current BNB(BUSD):KAOYA swap ratio on the staking page (https://kaoyaswap.com/#/staking), you will find this ratio goes up over time as the returns in BNB or BUSD increase, making your investment worth more over time.

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