Kaspa Finance to Hold IEO on Coinstore

- Kaspa Finance is a decentralized finance (DeFi) suite built on Kaspa's Layer 2 solutions, specifically the Kasplex zkEVM and Igra EVM. This positions the project to leverage Kaspa's high-throughput blockDAG architecture for faster and lower-cost transactions compared to many existing L1 and L2 alternatives. - The native token, $KFC, has a total supply of 21 billion. The tokenomics allocate 40% to liquidity mining (farms and staking), 25% to the treasury, 10% to the team and founders (with a 12-month cliff and 24-month linear vesting), 12% for development, and 11.5% for marketing and partnerships. - The project is being developed by the Dubai-based team Web3 Geeks, who are also behind Leap Chain and Leap Protocol. The $KFC token will serve as a utility, governance, and reward token within the Kaspa Finance ecosystem. - Kaspa Finance's offerings are set to include a V3 Automated Market Maker (AMM) for swaps, multi-reward farming, staking, and AI-powered trading bots under its "DeFai" (Decentralized Finance + Artificial Intelligence) suite. - The underlying Layer 2, Kasplex, is a ZK-Rollup that provides full EVM compatibility, allowing developers to migrate Ethereum-native dApps with minimal adjustments. It utilizes Kaspa's Layer 1 for sequencing and data availability, aiming to inherit its security and censorship resistance. - Coinstore, the exchange hosting the IEO, is a centralized exchange with over 10 million users and has previously hosted numerous token sales on its Launchpad platform. In December 2025, Coinstore reported that its Launchpad projects had seen an average ROI of over 3,700%.