wait this is SICK and somehow I’m not seeing anyone talk about it??
1) Gate Launchpad just closed the
$KDK sale with an INSANE $146M subscribed from 6934 participants
2) Kodiak’s last round was done at a $69M valuation, locked for 2 years with a 2 year vest, and meanwhile the ICO is fully unlocked
3) Because of the xKDK mechanics it means the sale supply is basically the only real float (most KDK ends up escrowed, vesting, flowing into protocol-controlled systems, etc)
4) Kodiak already does ~90% of Berachain DEX volume and is the top fee generator without a token so there is already proven re