At the core of decentralized finance (DeFi) lies the pursuit of autonomous and sustainable systems. KIVOT is an experimental crypto asset created to embody the concept of a fully autonomous, self-sustaining, and eternally locked liquidity pool. KIVOT is not a token with additional features, a roadmap, or a team. It is simply a manifestation of pure, irredeemable liquidity that grows organically through trading fees, serving as a fundamental resource in the decentralized economy.
KIVOT is not tied to other pools, projects, or personal interests. It is a complete and independent entity that simply “exists” and “operates” according to the rules encoded in its smart contract.
The Problem of Centralization and Ephemeral Liquidity
Many crypto projects and DeFi protocols, though decentralized by nature, often suffer from:
- Creator Dependence: The potential for “rug pulls” or undue influence over the protocol by a centralized team.
- Ephemeral Liquidity: Liquidity providers can withdraw their funds at any time, causing instability and significant price slippage.
- Need for Constant Incentives: Many pools require external incentives (yield farming, marketing) to maintain adequate liquidity, leading to inflationary pressures or unsustainable models.
The Solution: KIVOT – The Eternal Pool
KIVOT addresses these fundamental problems through a unique, minimalistic, and mathematically elegant design:
- Pure, Irredeemable Liquidity: The primary liquidity pool for KIVOT and a base stable asset (USDC) is created with permanently burned LP tokens. This ensures that the liquidity in this pool is locked forever and is absolutely inaccessible for withdrawal by anyone – neither the creator nor the community. This mechanism eliminates the “rug pull” risk and provides absolute confidence in liquidity availability.
- Fully Autonomous Growth via Non-Withdrawable Fees: Every transaction (buy or sell) in KIVOT’s primary liquidity pool automatically incurs a 0.3% fee. This fee is reinvested directly back into the same pool, increasing its total size and, consequently, the amount of the base asset backing KIVOT. The accumulated fees can never be withdrawn from the pool by anyone; they are the sole reason this eternal pool grows eternally. This mechanism allows KIVOT to grow in a fully self-sustaining and decentralized manner, without the need for external intervention or capital.
- No Human Intervention, No Roadmap, No Promises: KIVOT is programmed to function entirely as code. There is no central team to manage it, market it, promise future developments, or have any control over it after its launch. Its value and function derive solely from its inherent mechanics and market activity.
Tokenomics
- Token Name: KIVOT
- Symbol: KIVOT
- Total Supply: 10,000 KIVOT (Fixed and extremely limited supply)
- Initial Pool Creation: The Eternal Pool was initiated on DODO Swap’s Vending Machine with 10,000 KIVOT tokens and 0 USDC. This unique launch mechanism allowed KIVOT’s price to be discovered by the market, establishing a strong price floor around $1 as USDC was organically added through initial purchases.
- Transaction Fee: 0.3% on every buy or sell of KIVOT in the primary pool.
- Fee Mechanism: Collected fees are returned directly into the primary liquidity pool, increasing its depth and stability. These fees are permanently locked in the pool and are the sole driver of its continuous growth.
KIVOT Price Formation: Beyond Simple Ratios
The market price of KIVOT is a function of two key components, reflecting its unique design and market perception:KIVOT Price=(Total KIVOT SupplyUSDC in Eternal Pool)+Market Premium (Base Price)
- Intrinsic Value (USDC in Eternal Pool / Total KIVOT Supply):
- This component represents the direct, mathematically guaranteed backing of KIVOT by USDC held within the Eternal Pool.
- As trading fees accumulate USDC in the pool, this intrinsic value component of KIVOT’s price continuously and organically increases. This is the fundamental, verifiable growth of KIVOT’s inherent worth.
- Market Premium (Base Price):
- This is the additional value that the market attributes to KIVOT beyond its direct USDC backing. It reflects the market’s recognition of KIVOT’s revolutionary design and unparalleled features:
- Absolute Security: The impossibility of a “rug pull” due to burned LP tokens creates immense trust.
- Autonomous & Self-Sustaining Growth: The protocol’s ability to grow without external intervention or inflationary incentives is highly valued.
- Permanent Liquidity: The guarantee of always being able to trade KIVOT provides unparalleled peace of mind.
- Anti-Whale Mechanism: The design ensures that attempts at market manipulation by large players inadvertently contribute to the pool’s growth.
- Efficient Arbitrage: The constant activity of arbitrage bots across various DEXs ensures price efficiency and continually drives volume and fees back into the Eternal Pool, reinforcing KIVOT’s value.
- This Market Premium is a dynamic reflection of market confidence, utility, and the unique value proposition that KIVOT offers in the DeFi space.
- This is the additional value that the market attributes to KIVOT beyond its direct USDC backing. It reflects the market’s recognition of KIVOT’s revolutionary design and unparalleled features:
Technical Architecture and Implementation
KIVOT is an ERC-20 compliant token, implemented on Polygon, a high-performance, low-fee blockchain.
- Smart Contract Address:
0xce31c9ff421187da7a74b1afa52ecfc2950b585a - Primary Pool Creation: The Eternal Pool was initially created on DODO Swap’s Vending Machine (
0xce3b759ad97eaf5b00ac059a785d786b03d0a991). This specific launch method allowed the pool to start with 10,000 KIVOT tokens and 0 USDC, enabling organic price discovery and USDC accumulation from the very first trade. - LP Token Burning: All LP tokens from this initial pool were burned (sent to the
0x0000...deadaddress), irreversibly locking the liquidity. - Fee Mechanism: With every transaction in the Eternal Pool, a portion of the amount (0.3%) is automatically redirected to the primary liquidity pool. No external entity or address can withdraw these accumulated fees.
Principle of the “Eternal Pool”
The “Eternal Pool” of KIVOT is its sole function and reason for existence. It is designed to be a liquidity resource that:
- Can never be drained: Thanks to burned LP tokens and non-withdrawable fees.
- Grows organically and continuously: Through the reinvestment of trading fees that remain in the pool forever, directly increasing KIVOT’s intrinsic value.
- Requires no external maintenance: Fully autonomous, operating perpetually according to its smart contract code.
KIVOT does not imply or depend on the existence of other pools created by anyone else. It is an autonomous liquidity machine that simply provides market depth for the KIVOT token. If someone else decides to create additional pools with KIVOT against other assets, that is outside the scope and control of KIVOT and its whitepaper. KIVOT is solely focused on providing this single, permanent, and self-sustaining liquidity source.
Application and Philosophy
KIVOT is not a project with traditional goals or a community. Its purpose is to exist as a fundamental DeFi primitive – pure, decentralized liquidity that is always available and self-growing. It can be utilized by arbitrage bots, other protocols, or individual traders seeking a reliable and immutable liquidity source.
KIVOT’s philosophy lies in extreme decentralization and the rejection of any human intervention or governance after its launch. It is “just code” that operates perpetually according to its predetermined rules, turning market forces into a collective benefit.
Disclaimer
IMPORTANT WARNING: This whitepaper is for informational purposes only and does not constitute investment advice, an legal offer of securities, or a recommendation to buy or sell KIVOT. KIVOT is an experimental crypto asset.
- Risk of Loss: Holding and trading KIVOT carries a significant risk of total loss of invested capital. While its intrinsic value component grows mathematically, its overall market price (including the Market Premium) is influenced by market demand and can fluctuate both upwards and downwards.
- No Guarantees: There are no guarantees of future value, growth, or profits. The Market Premium component of KIVOT’s price is subject to market perception and can decrease.
- No Central Control: KIVOT is fully decentralized and autonomous. There is no central team, organization, or individual responsible for maintenance, development, or troubleshooting. The token creator has no control over the primary liquidity pool after its creation and the burning of the LP tokens. Accumulated fees are permanently locked in the pool and cannot be withdrawn by anyone, in any way.
- No Roadmap or Marketing: KIVOT has no roadmap, future plans, or marketing efforts. Its functionality is entirely limited to the rules embedded in the smart contract.
- Legal Status: The legal and regulatory status of crypto assets is uncertain and constantly evolving. KIVOT may fall under regulations in certain jurisdictions. It is highly recommended to consult with a legal expert before taking any action.
Every user must conduct their own thorough research (DYOR – Do Your Own Research) and assess their own risk tolerance before interacting with KIVOT.
26.06.2025