Kennel Locker

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Their Official site text:

Kennel Statements
Introduction
Kennel is a decentralized token locking platform that allows developers and
project owners to lock liquidity pool (LP) tokens in a secure and transparent
manner. It is built on the Ethereum blockchain and designed to support
Shibarium projects, including Shibaswap LP token locks. The platform is
user-friendly, efficient, and offers flexible locking options to help safeguard
tokens and ensure their long-term stability.
Kennel is committed to the growth and sustainability of Shibarium projects, and is
working towards becoming the go-to platform for developers and project owners
seeking a reliable and transparent locking solution. Its team of experienced
developers and blockchain experts are constantly working to improve the
platform's functionality and capabilities, and to expand its reach to new markets
and audiences.
At Kennel, we believe in the power of decentralized finance (DeFi) and are
passionate about helping developers and project owners unlock the full potential
of their tokens. We are excited to be part of the fast-evolving blockchain
landscape and are committed to building a platform that is scalable, secure, and
innovative.
Join us as we embark on this journey to revolutionize token locking and support
the growth of Shibarium projects. Together, we can build a more decentralized,
transparent, and equitable future for everyone.
Roadmap
Phase 1: Initial Launch
Launch Kennel locker on Goerli testnet
Test and refine Kennel's LP locker utility on Goerli testnet
Implement community feedback and suggestions
Launch Kennel token on Goerli testnet
Build and grow Kennel's community
Phase 2: Launch on Ethereum Mainnet
Launch Kennel locker on Ethereum Mainnet
Migrate Kennel token to Ethereum Mainnet
Implement additional features and functionalities on Kennel locker
Expand partnerships and collaborations with other blockchain projects
Increase marketing and outreach efforts to attract more users and token projects
Phase 3: Monetization and Token Buyback Program
Implement monetization strategy on Kennel locker through ads and sponsored
locks
Use revenue generated from monetization to buyback Kennel tokens from the
market
Continue to expand and improve Kennel locker's features and functionalities
Expand partnerships and collaborations with exchanges and other blockchain
projects
Increase marketing and outreach efforts to attract more users and token projects
Phase 4: Integration with Shibarium
Build and deploy Kennel locker on Shibarium chain
Integrate with Shibaswap and other Shibarium-based projects
Expand partnerships and collaborations with other Shibarium-based projects
Increase marketing and outreach efforts to attract more users and token projects
on Shibarium chain
Phase 5: Scaling and Growth
Scale and grow Kennel locker's infrastructure to handle increased traffic and user
demand
Implement additional features and functionalities on Kennel locker to improve
user experience and security
Expand partnerships and collaborations with other blockchain projects and
ecosystems
Increase marketing and outreach efforts to reach a wider audience and attract
more users and token projects
This roadmap is subject to change based on market conditions, community
feedback, and other factors. The Kennel team is committed to delivering the best
possible product and experience for its users and will continue to work tirelessly
to achieve this goal.
Kennel’
s Problem Statement
The cryptocurrency space is a constantly evolving landscape with new projects
and tokens emerging every day. While this growth has brought many benefits, it
has also created a problem of fragmentation and confusion for investors and
project owners. As new projects and tokens are created, investors must navigate a
complex and often unreliable ecosystem of exchanges, wallets, and other services
to manage their assets.
One of the biggest challenges facing investors is the lack of a reliable and secure
way to lock their assets in order to earn staking rewards or participate in liquidity
pools. Existing lockers are often unreliable, unsecured, or lack the necessary
functionality to support all types of tokens.
This problem is particularly acute for projects built on the emerging Shibarium
chain, which lacks a dedicated locker for its native LP tokens. Without a reliable
locker solution, Shibarium projects and their investors are left exposed to
unnecessary risks and inefficiencies.
Kennel aims to solve these problems by providing a reliable, secure, and
user-friendly locker solution for all types of tokens, including Shibarium's LP
tokens. With Kennel, investors and project owners can rest assured that their
assets are secure and that they have access to all the features and functionality
they need to maximize their returns.
Solution
The solution Kennel provides is a comprehensive locker utility for LP tokens on
Ethereum and Shibarium networks. With the rapid growth of decentralized
finance (DeFi) and the emergence of new blockchain networks, there is an
increasing need for a reliable and secure way to lock LP tokens for a specific
period of time. Kennel addresses this need by providing a user-friendly locker
platform that allows LP token holders to lock their tokens and earn rewards.
The Kennel locker platform is built on a decentralized infrastructure that ensures
the security and reliability of the locking process. With Kennel, LP token holders
can lock their tokens for any desired duration, from a few hours to several
months. This allows users to participate in various DeFi protocols, yield farms,
and other blockchain-based projects with greater flexibility.
Kennel supports both Ethereum and Shibarium networks, making it a versatile
tool for LP token holders across different blockchain ecosystems. With the launch
of Shibarium, Kennel is poised to become a key player in the Shibarium DeFi
ecosystem, providing a much-needed solution for LP token locking on this
emerging network.
In addition to its core locker functionality, Kennel is also exploring additional
revenue streams, including advertising on the locker platform and other
value-added services for LP token holders. This will not only generate revenue for
Kennel, but also provide added benefits for users, such as access to exclusive
project information and opportunities.
Overall, Kennel is a solution that addresses a critical need in the rapidly evolving
world of DeFi and blockchain. Its secure and user-friendly locker platform
provides LP token holders with greater flexibility and accessibility, while its
versatility across different blockchain networks makes it a valuable tool for DeFi
participants everywhere.
The Tech Behind Kennel
Kennel is built on the Ethereum blockchain and designed to work on Shibarium,
utilizing its smart contract technology to provide a secure and decentralized
platform for LP token locking. The platform is powered by Kennel's native ERC-20
token, which serves as the utility token for the platform.
The smart contracts powering Kennel are designed to be fully audited and secure,
ensuring that user funds are protected at all times. The platform utilizes
cutting-edge security measures to prevent any potential vulnerabilities, including
regular security audits by reputable third-party firms.
Kennel also leverages the power of decentralized finance (DeFi) to provide users
with a seamless and intuitive experience. By integrating with popular DeFi
platforms like Uniswap, Kennel allows users to easily lock their LP tokens and earn
rewards without ever leaving the platform.
Furthermore, Kennel is designed to be scalable and interoperable with other
blockchain platforms. As the platform continues to grow and expand, it will be
able to support a wider range of tokens and integrate with new blockchain
technologies.
Overall, Kennel's technology is designed to provide users with a secure,
user-friendly, and scalable platform for LP token locking, while leveraging the
power of DeFi and blockchain technology.
Tokenomics
The Kennel token is the native cryptocurrency of the Kennel ecosystem. The token
is an ERC-20 token on the Ethereum network, designed to be used as a utility
token for various purposes within the Kennel ecosystem.
The total supply of Kennel tokens is fixed at 100 million, with no plans for
additional token minting or burning. The token contract was deployed on
October 23, 2021, 100% of the token was added to liquidity.
The Kennel token has a fee system where every buy and sell transaction is taxed
5%. The tax is used for marketing purposes for Kennel.
The Kennel token has several use cases within the Kennel ecosystem. Firstly, token
holders can stake their Kennel tokens on the Kennel locker to earn rewards in
Kennel tokens. This provides a passive income stream for holders who want to
earn more Kennel tokens without having to trade actively.
Secondly, the Kennel token can be used to pay for fees within the Kennel locker
platform. This includes fees for creating ads, partnerships, and other
transactional fees. Paying with Kennel tokens provides a discount on the fees,
incentivizing users to hold onto their tokens and use them within the platform.
Thirdly, the Kennel token will be used as a governance token, allowing token
holders to vote on proposals for changes to the platform, including updates to
the locker, changes to the fee structure, and other platform-related decisions.
This gives token holders a say in the future direction of the platform and ensures
that the platform evolves in line with the needs of the community.
In summary, the Kennel token is a key component of the Kennel ecosystem,
providing various use cases and incentives for holders to use and hold onto their
tokens. With fixed supply, and governance capabilities, the Kennel token is a
unique and valuable asset for users of the Kennel locker platform.
The Team
The Kennel team is composed of experienced developers and professionals with
over 5 years of experience in building successful blockchain projects. The team
members bring a wealth of knowledge and expertise from diverse backgrounds in
finance, software development, and marketing.
The team is led by a group of individuals with a passion for creating innovative
solutions to address real-world problems. They are committed to delivering the
best possible products and services to their users and building a strong
community around the Kennel ecosystem.
The development team is composed of skilled engineers and developers who have
a deep understanding of the blockchain space and are well-versed in the latest
technologies. They work tirelessly to ensure that Kennel remains at the forefront
of innovation in the industry.
In addition to the development team, Kennel also has a dedicated marketing and
community management team. This team is responsible for driving awareness of
the project and engaging with the community to ensure that the needs and
concerns of users are addressed.
The Kennel team is dedicated to creating a successful project that delivers value
to its users and makes a positive impact on the blockchain ecosystem as a whole.
With their extensive experience and expertise, they are well-positioned to execute
on the project's vision and deliver the best possible products and services to their
users.
The future of Kennel
As a promising new player in the world of cryptocurrency, Kennel has already
made significant strides in the development of its innovative LP locker utility. With
a team of experienced professionals behind it, Kennel is poised to make an even
bigger impact in the future.
Looking ahead, Kennel plans to continue expanding its utility, offering new and
innovative features to its users. In addition to the LP locker, Kennel is exploring
other areas of development such as staking pools and yield farming, both of
which have become increasingly popular in the cryptocurrency community.
Moreover, Kennel is also planning to integrate with Shibarium, the upcoming
blockchain network that aims to become a hub for decentralized finance and
other blockchain-based applications. As a supporter of Shibaswap and other
Shibarium projects, Kennel is well-positioned to take advantage of the
opportunities that the new network will bring.
In terms of the Kennel token, the project aims to increase its utility and demand
through strategic partnerships, marketing efforts, and community engagement.
The team is committed to ensuring that the token remains an integral part of the
project, offering value to holders and driving adoption of the LP locker and other
Kennel utilities.
Overall, the future of Kennel looks bright, with a dedicated team, innovative
technology, and a commitment to growth and development. As the project
continues to evolve and expand, it is likely to become an increasingly important
player in the world of decentralized finance and cryptocurrency more broadly.