🔑Token Utility

KBL utility within the Kabila ecosystem.

$KBL serves as the official utility token driving the Kabila ecosystem forward.

A token created to increase awareness and reward the most loyal and active users.

At Kabila we believe that token utility should be simple, easy-to-use and easy-to-understand.

Token utility will grow and evolve over time as the ecosystem matures. The goal is to create a space where creators find valuable products to solve their problems, and stay because they can leverage the KBL token to enjoy the best benefits and features.

Product Token Utility

From the day KBL enters circulation, users will be able to enjoy a progressive discount across 3 products.

The discount utility will be applied based on the total amount of $KBL staked, with a 0 to 25% discount applied in direct proportion to staking amounts ranging from 0 to 100,000 KBL.

For example, if a user has 50,000 KBL staked, they will enjoy a 12.5% discount on the following products:

📱 Wallet

Users who stake their KBL will enjoy a 0-25% discount on all token swaps.

This discount will be applied to the Wallet fee, which can vary from 0.5% to 0.7% of the transaction (paid in $HBAR) depending on the route it takes.

Future benefits and extra features will be added for KBL stakers.

🛍ī¸ Market

Users who stake their KBL will enjoy a 0-25% discount on all fees from secondary marketplace transactions.

Additionally, KBL Season Bonuses and List to Earn campaigns will occasionally be carried out to reward NFT traders and KBL stakers.

🛠ī¸ Tools

Users who stake their KBL will enjoy a 0-25% discount on all Tool fees.

This discount will also apply to the Launchpad commission when creators choose $KBL as the payment method.

Additionally, users with +100,000 KBL staked will enjoy full access to the Tools (no Creator Pass required).

KBL will be available as a payment method for all Tools fees.

⛲ Plazas

Plazas' utility will be unveiled in Q3 2024.

Ecosystem Token Utility

Besides the product utility, the KBL token will provide the following ecosystem benefits to all who hold more than 15,000 KBL:

At Kabila, we'll negotiate community early access with all Featured launchpads, in order to provide priority access and the best benefits to KBL and Kabila NFT holders.

The final allocation, discounts, and access details will depend on each project.

Access to Community AMAs

Every quarter, a community AMA will be held at Kabila Discord.

Users who validate their wallets will be able to ask questions in the #ama-questions channel and join the #KabiPlaza stage for the AMA (Ask Me Anything) sessions.

Access to Holders Chat

Users who join the Kabila Discord and validate their Wallet, will be able to access the #holders, #announcements and AMA channels.

Token utility is subject to change at any time. If any changes are made, Kabila will communicate them via its official channels and update the documentation in the KBL TOKEN section.

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