How to Participate in Knoknok’s KKC Token Launch with ApeSwap
Step-by-step instructions on how to use Launch Bonds, Reserve Bonds, or the ApeSwap DEX to obtain KKC
This Friday, ApeSwap is excited to debut its innovative new approach to token launches with the introduction of Knoknok Launch Bonds, Reserve Bonds, and V3 liquidity pools on the ApeSwap decentralized exchange (DEX). Since these are new products, ApeSwap’s goal is to ensure that all users who are looking to obtain Knoknok’s KKC token understand the options available and how they work. Please read on for a thorough walkthrough of each product.
Launch Details
Date: April 28th, 14:00 UTC
Project Name: Knoknok
Token Symbol: $KKC
Chain: BNB Chain
Total supply: 1,000,000,000 KKC
Exclusivity Window: 3 Months
Launch and Reserve Bond Vesting Period: 60 days
Launch Price: $0.015
Initial DEX Liquidity: $400,000
Launch Bond
Maximum tokens sold: 100,000,000 $KKC
50,000,000 KKC (50%) will be available at launch
Reserve Bond
Maximum tokens sold: 25,000,000 $KKC
6,666,667 KKC (26.6%) will be available at launch
ApeSwap will be the only place you can acquire the KKC token for the first three months after launch. There are three ways you can acquire KKC on ApeSwap: 1) Acquire a KKC Launch Bond, 2) Acquire a KKC Reserve Bond, or 3) Swap for KKC on the ApeSwap DEX.
Knoknok Launch Bonds
The first option to acquire KKC is via Launch Bonds. Launch Bonds work like ApeSwap’s Liquidity Bonds, but are specific to new tokens. Knoknok Launch Bonds allow users to sell liquidity provider (LP) tokens in exchange for a Launch Bond NFT. The holder of the NFT receives discounted KKC tokens that vest linearly over a 60 day period.
Users can purchase Launch Bonds with the underlying LP token, or they can use the Zap feature to purchase a Bond using BNB or other blue chip assets and stablecoins. Zap combines the process of purchasing an LP token and then purchasing a Launch Bond into one transaction.
Launch Bonds are not always available at a positive discount and they are limited in nature. The discount fluctuates based on the prices of the LP tokens, the price of the KKC token, and the demand for the Launch Bonds.
It is possible that users will be trying to purchase Launch Bonds at the same time when they become available — note that it’s first come, first served on the blockchain. If your transaction fails, it’s likely that another user has purchased a Bond and the discount has changed. Simply attempt your transaction again at the new discount amount.
Launch Bonds will be available for six months starting from April 28th, but availability is subject to change due to demand. Stay tuned to the Bonds page, because when the price of the underlying token (in this case, KKC) goes up, the discount of the Bond will also increase, all else equal.
How to Buy a KKC Launch Bond
1) Connect your wallet to ApeSwap (for instructions, visit the How to Connect Your Wallet page of the documentation).
2) Hover over Raise in the nav bar, and then click Bonds to visit the Bonds page.
3) Locate the KKC Launch Bond. Launch Bonds have a red “LAUNCH” tag above the input token pair. Click Buy. If this is your first time purchasing a Knoknok Launch Bond, you will have to enable the Bond’s contract first.
4) Enter the amount of input LP tokens you’d like to use to purchase the Bond. The amount of KKC tokens that the Launch Bond is worth will automatically update based on the amount of LP tokens you enter. If you’d like to get more APE-LPs to use to purchase a Bond, you can add more liquidity using the Get LPs button, or use the Zap feature.
5) Click Buy.
6) To claim vested tokens, visit the Bonds page and select Your Bonds. Click the Claim button next to the Bond you’d like to claim your vested tokens from.
Knoknok Reserve Bonds
The second option available to users that seek to acquire KKC is to purchase a Knoknok Reserve Bond. Unlike Launch Bonds, Reserve Bonds are purchased using a single underlying asset, instead of an LP token. When purchasing a Reserve Bond, users may only use the specific asset reference in the bond (in this case, USDT). Zap is not available for Reserve Bonds.
Reserve Bonds will be available for three months starting from April 28th, but availability is subject to change due to demand. Stay tuned to the Bonds page, because when the price of the underlying token (in this case, KKC) goes up, the discount of the Bond will also increase, all else equal.
How to Buy a KKC Reserve Bond
1) Connect your wallet to ApeSwap (for instructions, visit the How to Connect Your Wallet page in the documentation).
2) Hover over Raise in the nav bar, and then click Bonds to visit the Bonds page.
3) Locate the KKC Reserve Bond. Reserve Bonds have a green “RESERVE” tag above the input token pair. Click Buy. If this is your first time purchasing a Knoknok Reserve Bond, you will have to enable the Bond’s contract first.
4) Enter the amount of input tokens you’d like to use to purchase the Bond. The amount of KKC tokens that the Reserve Bond is worth will automatically update based on the amount of tokens you enter.
5) Click Buy.
6) To claim vested tokens, visit the Bonds page and select Your Bonds. Click the Claim button next to the Bond you’d like to claim your vested tokens from.
Swapping for KKC on the ApeSwap DEX
The third option for users looking to obtain KKC is to swap for the KKC token on the ApeSwap DEX. Due to the potential limited nature of the bonds discount at launch, many users may opt to swap for KKC directly.
If you are swapping for KKC, make sure you enable V3 to ensure you are using concentrated liquidity and getting the best price. If this is your first time using V3, and you’ve already connected your wallet, you may be asked to reconnect.
While swapping for KKC might be a popular choice at the beginning, don’t forget that Knoknok will be bonding for six months, and if the price of KKC increases, the discount of the underlying bonds would increase as well.
How to Swap for KKC on the ApeSwap DEX
1) Connect your wallet to ApeSwap (for instructions, visit the How to Connect Your Wallet page).
2) Click Exchange in the nav bar and open the Swap tab on the Exchange page.
3) Select the tokens you wish to trade by clicking on the token icons and selecting from the dropdown list. If you are attempting to trade a token for the first time, you will need to approve the token contract within your wallet using the Enable button before trading. Note: enable the V3 toggle for the most competitive pricing and lowest slippage.
4) Enter the amount of the token you’d like to trade for, or receive. The exchange will pre-fill the other amount.
5) Check the details to ensure the values are accurate, and click “Swap”.
6) Confirm the transaction in your wallet.
Questions?
Users and projects with questions about Launch Bonds, Reserve Bonds, or the ApeSwap DEX are encouraged to check out the ApeSwap Telegram or Discord. Users with questions about Knoknok and the KKC token can visit the Knoknok Telegram or Discord.
Disclaimer
Please review apeswap.click/disclaimers for more information prior to purchasing a Bond.
