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When most people think of meme coins, they think of billionaire Elon Musk and his on-again, off-again obsession with Dogecoin. But very few people — even today — regard meme coins as serious financial instruments. And that's a problem that the meme coin ecosystem Kawakami set out to solve.
The platform launched in late 2021 with a mission to unite a variety of meme coins under one roof. At the time, it allowed for holders of other meme coins including SHIB, AKITA, ELON, and KISHU to invest their tokens in its yield farming and staking system. In that way, the platform would create utility for meme tokens that previously had none.
But of course, there have been many barriers to breakthrough. In both August of 2021 and February of this year, hackers targeted the staking platform - just one of the thousands of projects in the crypto space that have been exploited. It's the kind of thing that would kill most crypto projects — but Kawakami isn't your average crypto project.
Since February the team behind Kawakami knew it had to regain the trust of its users, it was essential to put security at the very heart of its relaunch plans. So the newly-doxxed team got to work on all-new code that adds a variety of security-focused features into the mix.
Their first move was to change the way the platform protected its liquidity. To make its locked liquidity pool bulletproof, the team decided to lock 100% of the liquidity for 100 years. It effectively means that the platform's base liquidity pool cannot be touched by anyone — even project insiders. And that was just a start.
Then, they proceeded to secure their deployer contract and
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