F.A.Q.
Frequently asked questions.
Kuro Shiba (KURO) is the first and only NFT staking platform on Harmony, which allows users to (1) stake Kuro Shiba NFTs to earn $KURO in the Art Museum, and (2) stake curated NFT collections to earn $ONE or HRC20 tokens in the Exhibitions. We have so much more coming, too!
“Kuro Shiba” refers to the adorable black & tan Shiba Inu, which are famous for their black fur, tan eyebrow spots, and cream bowtie.Have you had a chance to answer the previous question?
To ensure your transaction goes through, please (1) set slippage to at least 5.2%, (2) use a whole number KURO amount, and (3) set gas to 30 gwei.
The KURO contract includes a maximum limit per transaction to deter whales, which applies to both buying and selling KURO. The limit will increase as KURO’s market cap reaches certain goals, and will be lifted altogether when the market cap reaches $1,000,000.
MARKET CAP GOAL (USD) | MAX TX LIMIT (% of total tokens) | MAX TX LIMIT (# of KURO tokens) |
At launch | 1.0 | 5,000,000 |
$10,000 | 2.0 | 10,000,000 |
$25,000 | 3.0 | 15,000,000 |
$50,000 | 4.0 | 20,000,000 |
$100,000 | 5.0 | 25,000,000 |
$500,000 | 10.0 | 50,000,000 |
$1,000,000 | N/A | N/A |
Your transaction will fail if it exceeds the maximum transaction limit, so you may need to complete multiple smaller transactions instead of one large transaction. Be sure to check Discord for the current limit.
No, ownership of the KURO contract is not renounced. The KURO contract is dynamic, which allows for its unique whale-proofing feature—a maximum transaction limit increases as KURO’s market cap increases.
Additionally, the following values can change through community voting:
- Reward % (currently 0%)
- Burn % (currently 0%)
- Max tx limit % (currently 1%)
The ability to change these values will allow KURO to grow along with the community and adapt according to its needs, which is essential for the long-term success of the project.
20,000 ONE = 450,000,000 KURO at launch.
No, KURO is not affiliated with any other tokens.
Depending on the success of KURO, as well as demand from the community, we may release additional tokens on Harmony and/or other networks in the future.
There are risks inherent to buying any token, especially new and/or experimental tokens. There are also risks in using any DEX. Here are some questions you can ask yourself when assessing your risk tolerance:
- What if the market crashes?
- What if the price of ONE tanks?
- What if something weird happens to Harmony?
- What if something weird happens to ViperSwap or DFK?
We’ve done our best to minimize risks by choosing a network and reputable DEXs that we personally trust and use, but the rest of this stuff is out of our control. We highly encourage everyone to do their own research and ape responsibly.
Last modified 1yr ago