Kelp Announcements
Kelp Official Channels: English: Investors: Support:
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Huge updates coming today from our CEO Edward
We have soooooooo much to tell you guys. Strap IN
The updates are going to be coming in FAST so keep up guys. We will be move very quickly from this point π
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App will be in maintenance mode while we perform some much needed upgrades. During this time, balances may not show up or appear zero but assured that your balances are intact.
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Kelp (@kelporg) on X
As far as our current task board for completion: 1. Website and presale all refactored and upgraded to latest web3 stuff. Its the base for the DApp which will house staking. That will be ready this week if I can get the staking contract worked on. 2. App update has a hugeβ¦
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π¨ Attention Kelpers! π¨
π₯ Kelp App is currently in maintenance mode to add some additional upgrades to our system!
β
Stay tuned for further updates!
While we are in maintenance mode your Kelp balance might reflect 0 do not fret as all balances are saved!
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Kelp (@kelporg) on X
π¨ Congratulations Kelpers! π¨ π₯ Kelp is trending #1 on the App store in Portugal! β Bringing us 1 step closer to bringing Stable Money For All! Download and try out the Kelp App at
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Recap for AMA:
Kelp utilizes the quantitative theory of money to predict what the supply should be in order to stabilize the price of Kelp
Seed Phase objective:
Parity with US dollar and Minimum circulating supply
Once seed phase objective is met price might go higher or lower
Factors to increase price:
Staking
Variable Taker Fee
To satisfy a cryptocurrency to become a currency must satisfy 1 of 3 objectives:
Medium of exchange
Preserving purchasing power
Unit of account
During our seed phase we will be solving the unit of account. This is based on a term called a flatcoin.
Once solving a unit of account we can then work on becoming a medium of exchange of preserving purchasing power.
Kelp products like KATE and Kelp products will be used to preserve purchasing power of the user in case of black swan events. (Open market operations)
If servers go down for our Kelp App the wallet side is still functional. Kelp also does not rely on 3rd party solutions reducing chances of cybersecurity threats.
750,000 downloads so far for Kelp
90% of traders lose money in crypto KATE is meant to reduce that number significantly to help bring βStable Money For All.β
KATE is meant to be a trustless decentralized investment tool that users can utilize for higher returns without having to rely on general knowledge.
88% return a year compared to an average of 3%-10% a year.
$400,000 raised currently 7 rounds and currently on round 3
Raise goes towards collateralizing Kelp and KATE to maintain a responsible amount of liquidity so Kelp can operate.
VCβs have approached Kelp but the terms were very unfavorable to the Kelp ecosystem
Staking coming online
Verified organization for twitter coming online
Reward rate switching from global to country based
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β
Get ready to dive into the world of stability in crypto with
@kelporg
π₯Join CEO Edward Bishop for an AMA on April 22nd at 1:00pm ET.
https://x.com/Cointelegraph/status/1782350021138030596
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π£ π£π£Great news for people having issues with presale contributions π£π£π£
It came to our attention recently that a large number of people have been getting connection issues or failed transactions when making contributions to the Kelp Presale dapp. The great news is we now have a fix for you. As you can see on the image above with have button that says βsendβ
You can now send BNB & ETH directly to this wallet
0xef4dEa791c782c0b82F33d2DF41D4188016d6494
(make sure you donβt send funds from a CEX)
Your Kelp with then be Air Dropped straight to the wallet you made the transaction from. The wallet above is connected to the Kelp crowd sale contract. Always confirm the contract wallet via the website before making your contribution.
We have also add a few update to the website as many people are asking about the team. You spoke⦠we listened & took action. Click on the link & meet the Kelp team
https://kelp.org/team
We have some very bullish announcements come for you guys soon, thank you for all the support.
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Meet the team at https://kelp.org/team
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Amazing. When I first set off on this journey, I knew it was going to be a grind and it still is. There is lots that need doing but seeing the support from everyone referring their contacts, seeing everyone performing the tasks, and seeing investors coming on board, just drives the entire team to keep pressing forward. Truly blessed and thankful for each and every one of you! Round 3 is here!
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