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Koda is based around its core values of T.E.E (trust, education and ease of use). The BSC network has become filled with rug pulls and scams. The Summit BC ecosystem plans to takle that problem and shake up the market. Speaking of trust, did you know Koda won the most trusted Cryptocurrency at the Dubai Crypto Expo in 2021!
What is Koda’s aims?
Koda’s aim is to bring trust back into defi and BSC space but at the same time provide value to loyal holders via reflections and staking.
So what does reflections and staking do for you?
Refelctions top up your Koda pot constantly. For every buy and sell a % of the fee is split amongst all the holders. So just buy holding Koda your pot will constantly top up! Staking is similair to earning a dividend from a stock but it can be a confusing topic. If you would like to learn more about our staking model you can check out our comprehensive video on it here, but essentially you will be able to earn a passive income in the form of Kapex our sister token by staking your Koda.
Buying Koda is easy. It is currently available on SummitSwap and Pancakeswap. If you are unsure of how to buy you can watch one of our comprehensive videos to guide you.
On top of all this Koda is a deflationary token with a 33billion suppy and no big/locked developer tokens!
What is Koda Cryptocurrency?
Koda Cryptocurrency emerges as a digital asset designed to address the challenges of trust and stability in the decentralized finance (DeFi) and Binance Smart Chain (BSC) spaces. It distinguishes itself by focusing on creating a secure environment for its users, underpinned by its core values of trust, education, and ease of use. This commitment to fostering a trustworthy ecosystem was recognized when Koda was awarded the title of the most trusted cryptocurrency at the Dubai Crypto Expo in 2021.
The project aims to provide tangible benefits to its holders through mechanisms such as reflections and staking. Reflections serve as a reward system, where a percentage of transaction fees is distributed among Koda holders, effectively allowing their holdings to grow over time simply by holding the token. Staking, on the other hand, offers an opportunity for holders to earn passive income by locking up their tokens in return for rewards, further enhancing the token's value proposition.
Koda's strategy also includes a focus on long-term stability and transparency, with the project team committed to ensuring the currency's sustainability and growth. This is evident in their decision to lock liquidity and burn team tokens, actions that are designed to build confidence among investors and users.
As part of the Summit Better Crypto ecosystem, Koda is not just another meme token; it brings utility within the BSC network, aiming to counteract the prevalence of scams and rug pulls that have tarnished the network's reputation. The project's dedication to education and ease of use is intended to make DeFi more accessible and understandable for a broader audience.
With a total supply of 1,000,000,000,000 KODA tokens, the cryptocurrency is available for purchase on decentralized exchanges, reflecting its integration into the wider crypto market and providing liquidity for users looking to buy or sell the token.
In conclusion, Koda Cryptocurrency stands out for its commitment to rebuilding trust in the DeFi and BSC spaces through a combination of reflections, staking, and a focus on transparency and education. Its recognition at the Dubai Crypto Expo underscores its potential to positively impact the cryptocurrency landscape.
How is Koda Cryptocurrency secured?
Koda Cryptocurrency employs a multifaceted security approach to ensure the safety and integrity of its network and transactions. This digital asset, which operates on the Binance Smart Chain, integrates advanced blockchain technology to create a secure and decentralized platform. The security measures in place include multi-factor authentication, which adds an extra layer of security by requiring more than one form of verification before granting access to the user's account. This method significantly reduces the risk of unauthorized access.
In addition to multi-factor authentication, Koda Cryptocurrency also utilizes a whitelist of approved addresses. This feature allows only pre-approved addresses to interact with the user's assets, further safeguarding them from unauthorized transactions or access. Role-based access control is another critical security measure, ensuring that only users with specific roles or permissions can perform certain actions within the network, minimizing the risk of internal threats.
Encryption plays a vital role in securing Koda Cryptocurrency's data, ensuring that sensitive information is converted into a code to prevent unauthorized access. Smart contract audits are regularly conducted to identify and rectify vulnerabilities in the contracts that govern the transactions and interactions within the Koda ecosystem. These audits are crucial for maintaining the integrity and security of the platform.
Data privacy measures are strictly implemented to protect users' personal and transactional information from being compromised. Continuous monitoring and updates are essential for staying ahead of potential security threats. The Koda team actively monitors the network for any suspicious activity and regularly updates the system to address new security challenges.
The combination of these robust security measures underscores Koda Cryptocurrency's commitment to providing a safe and trustworthy environment for its users. It's important for individuals to conduct their own research and consider the security features of any cryptocurrency before investing.
How will Koda Cryptocurrency be used?
Koda Cryptocurrency emerges as a digital asset designed to operate within the Binance Smart Chain ecosystem, focusing on addressing common issues such as lack of trust and the prevalence of scams in the crypto space. It aims to foster a sense of reliability and education among its users, ensuring ease of use across its platform. This initiative is underscored by its recognition at a notable event in Dubai, where it was awarded for its trustworthiness.
The primary utility of Koda revolves around offering its holders the opportunity to engage in reflections and staking mechanisms. Reflections serve as a reward system, where a percentage of transaction fees is distributed among Koda holders, effectively allowing their holdings to grow passively over time. This system encourages the community to maintain their investment in Koda, as they benefit directly from the network's activity.
Staking, on the other hand, offers a more active form of participation. By locking up their tokens, users can earn passive rewards, similar to dividends in traditional finance. This not only provides an additional stream of income but also helps in securing the network. The rewards for staking come in the form of Kapex, a sister token, adding another layer of value to the ecosystem.
Furthermore, Koda's utility extends to its use as a transactive currency. It enables users to engage in transactions and trades on various platforms, including decentralized exchanges. Its partnerships with different companies and organizations, including involvement with a professional sports team, highlight its growing acceptance and potential for broader adoption.
Koda also emphasizes its deflationary nature, with a capped supply and mechanisms in place to reduce the total circulation over time, potentially increasing its scarcity and value.
In summary, Koda Cryptocurrency is positioned as a multifaceted digital asset within the Binance Smart Chain ecosystem, offering users various ways to engage with and benefit from its growth, including through reflections, staking, and transactions. Its focus on trust, education, and ease of use aims to attract and retain a committed user base, contributing to its long-term viability and success.
What key events have there been for Koda Cryptocurrency?
Koda Cryptocurrency has experienced several significant milestones and events that have shaped its journey in the blockchain space. Initially launched in 2023, Koda quickly established itself within the Binance Smart Chain ecosystem, aiming to address the prevalent issues of trust and security in decentralized finance (DeFi) and the broader blockchain environment.
One of the pivotal moments for Koda was the introduction of its token swap platform, enhancing liquidity and enabling users to exchange tokens seamlessly. This development was complemented by the organization of a crypto community event, fostering engagement and awareness among enthusiasts and investors alike.
The cryptocurrency also made headlines with its testnet faucet going live, providing users with an opportunity to experiment and interact with Koda in a test environment. This move was crucial for debugging and gathering user feedback ahead of full-scale deployment.
Further elevating its profile, Koda was featured in various media outlets, including blog posts and YouTube videos, which played a significant role in educating the public about its features and benefits. Notably, Koda was recognized for its trustworthiness, winning the most trusted cryptocurrency award at the Dubai Crypto Expo in 2021, a testament to its commitment to security and reliability.
Looking ahead, Koda plans to expand its ecosystem with the launch of KittiSwap, a memecoin-driven swap and decentralized exchange (DEX) platform. This initiative underscores Koda's aim to innovate within the DeFi space, providing value and earning opportunities to its holders through mechanisms like reflections and staking.
Reflections and staking are integral to Koda's value proposition, rewarding holders with a share of transaction fees and offering passive income opportunities through its sister token, Kapex. These features not only incentivize holding but also contribute to the deflationary nature of Koda, with a capped supply ensuring scarcity and potential value appreciation over time.
In summary, Koda Cryptocurrency's journey is marked by its efforts to enhance trust, education, and ease of use within the blockchain and DeFi spaces. Through strategic developments, community engagement, and a focus on security, Koda is poised to continue its growth and innovation in the evolving digital asset landscape.
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The live Koda Cryptocurrency price today is $0.000023 USD with a 24-hour trading volume of $3.12 USD. We update our KODA to USD price in real-time. Koda Cryptocurrency is down 1.49% in the last 24 hours. The current CoinMarketCap ranking is #8245, with a live market cap of not available. The circulating supply is not available and a max. supply of 33,000,000,000 KODA coins.