May 24, 2021
KGO burn Schedule
The proposed burning program involves the KGO tokens once unlocked by the Kiwigovault smart contract and the destruction of KGO tokens every six months to reduce the total supply from 2021 to 2023.
News
Published
September 27, 2021
The burning of 950 million KGO tokens (95%) out of the 1 billion KGO tokens issued on its official launch on February 22, 2021 and locked in a dedicated smart contract named KiwiGoVault has now been completed earlier, resulting in a definitive total supply of less than 50 million KGO tokens!
Context
KiwiGo released 1,000,000,000 KGO coins upon its official launch on February 22, 2021. The KGO token was designed with a maximum of five decimals. On March 24, 2021, a specialized smart contract named KiwiGoVault was created to lock 95% of the supply, that is 950,000,000 KGO tokens. The KiwiGoVault smart contract was subsequently audited and deemed true and compliant by the security blockchain auditor Certik.
