Mute Rebrand and Token Swap Info

Mute Rebrand and Token Swap Info

April 11, 2024Koi

Mute has now rebranded into Koi Finance and is undergoing a 1 : 12.5 token swap.

Announcement of Rebrand and Token Swap

Deadline for the swap is 23:59 UTC on June 1st, 2024

Specifications:

Name / Symbol: Koi (KOI)

Ethereum L1 Koi token

zkSync L2 Koi token

Max Supply

1,000,000,000 KOI

Circulating Supply

500,000,000 KOI

Token Allocation

  • Circulating (prev. Mute token swap with 1 MUTE : 12.5 KOI): 50%

  • Ecosystem Incentives: 30%

  • Future Investors (reserved): 7%

  • DAO: 6%

  • Future Advisors (reserved): 4%

  • Investors & Advisors (12–18 month vests): 3%

To Conduct Swap:

  1. Bridge Mute to zkSync Era

  2. Swap MUTE to KOI on Koi Finance

Source

Governance Vote