KuChain Unbreakable Fist

[rundohko]

Type of Proposal

• Feature Request (e.g. functionality)

• Economic Model

• Underlying Technology (e.g. performance)

• Application Development

• Others

Background

A lot of native token of a chain rarely have a real use case other than being a native token itself, resulting in depreciation of value since it's often overlooked by traders/holders.

Describe The Proposal (No more than 50 words)

Creating a holders program, called KuChain Unbreakable Fist (KCUF for short, sorry, I can't help but to think of an edgy name), so KCS will be appreciated more in the future.

Business Model (Optional for underlying technology)

Giving daily incentive to KCUF members based on the amount of KCS they hold on KuDex.
The incentive could be in KCS or any other token that are in KuChain ecosystem, holders have freedom to choose.
The more token that migrates to KuChain ecosystem, the more holders will be eager to hold their KCS since they're gonna have a lot of token to choose for their incentive.
KCUF members will get daily incentive by holding from as low as 100 KCS, for minimum of 14 days, get paid on the 15th day, then they will get paid daily afterwards.

But there are some catches:

• Holders have to pass the first 14 days of holding period without moving out any of their holding, otherwise they won't get any incentive, even if they move their KCS on the 13th day, but it's fine if they want to add more KCS into their holding.
• There's no locking period, holders can move their KCS anytime they want after they received their first incentive payment (after their first 14 days), but there will be a penalty for doing so.
  We're gonna call it "Weeks for The Weaks".
  They won't be able to rejoin the program right away, instead they have to wait for 14 days after they move their KCS, then they will be allowed to rejoin.
  That 14 days penalty is a great way to make holders rethink of their decision to move their holding, since it's better to hold rather than have to wait for 14 days to be able to get their incentive.

We could make a tier system too with different benefits.
Here's a suggestion:

TIER	HOLDING	EXTRA INCENTIVE
MERCHANT	100-999 KCS	STANDARD, NO EXTRA
KEEPER	1000-9999 KCS	2x MERCHANT INCENTIVE
SULTAN	>10000 KCS	2x MERCHANT INCENTIVE PLUS REDUCED PENALTY (ONLY 7 DAYS)

Implementation Steps (Optional for economic model)
N/A

Expected Outcome

People will appreciate KCS more, thus making it more valuable, and people will finally look at KCS like never before, and in return could attract more project to move to KuChain & more people will be utilizing KuDex.
Especially with this DeFi craze we've seen these past few weeks, getting those projects to move to KuChain is gonna be a mega booster for KuChain ecosystem.

Timetable (Optional)
N/A

Additional Context (Optional)
N/A

Contact Information

[email protected]