Shabu Shabu FinanceKOBE
$0.804
Market/Exchange
KOBE Price Prediction and Price Movement
KOBE has been down 15.1 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that KOBE's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if KOBE is backed by a solid development team and whether KOBE's technology has any potential to grow.
Please note that this analysis is purely base on KOBE's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Shabu Shabu Finance Price Chart
About Shabu Shabu Finance
What is Shabu Shabu Finance?
ShabuShabu Finance is a yield farming project forked from Sushiswap and YFII that features finance tools including the ability to yield farm new tokens along with a vault for staking in Liquidity Pools on Kobe swap exchange and Uniswap. Shabu Finance aims to provide finance tools and products along with a swap platform to become a community governed finance marketplace with a governance token that will determine the development and the future of Shabu Finance.
KOBE is a utility token that is used for:
-Shabu Finance swap platform will use KOBE to fuel transactions, for fees, and finally to provide liquidity for the exchange. -Yield farming and staking of new utility tokens -Community and project governance
What is unique about Shabu Shabu Finance?
Shabu Finance is a community owned project created for the community and governed by the community.
-No Fund Raising -No Seed, VC or Private Investors -No Pre-Mined Tokens -Fair token distribution through yield farming
Tokenomics -Max KOBE Supply: 54,000,000
KOBE token holders will vote on mining rules and mining pools.
25% of KOBE mined by the community is reserved for project developments, future exchange listings, smart contract audits and community incentives. 10% — Business Developments & Partnerships 5% — Exchange Listings 5% — Smart Contracts & Codes Audits 5% — Community Incentives
Community stakeholders will vote for the direction of the project and how to spend community incentives.