AirDAO announces KOS restart: listed on ASTRA DEX liquidity pool as Meme coin

BlockBeats reported that on December 18, Layer 1 network AirDAO announced on social media that the original KOSMOS product will be discontinued. However, at the request of the community, the KOS token will be restarted and re-launched as a Meme coin.

KOS holders are users who pledged a large amount of AMB in the early days or contributed to the launch of the bond market. In response to community needs, the project will launch the KOS/AMB liquidity pool on ASTRA DEX at 18:00 (UTC+8) on December 18. Of the 138 million KOS held by the project, 132 million will be allocated to the liquidity pool, which will operate in the form of CTO (continuous liquidity supply), and the remaining 5% will be retained as reserve funds. If the community team takes over the token management, this part of the reserve will be used to support related operations.