# AID Token

## Launch schedule

#### According to the [AID NFT roadmap](https://docs.newliveaid.com/aid-nfts/roadmap#60-sold) the AID Token's Initial Token Offering will take place as soon as 60% of all NFTs from the first collection are sold.

## Listing the AID Token

80% of the ITO income will be put into liquidity.

## How we use the AID Token

We believe that by opening up to the corporate sector and basing a significant part of our spending on revenues from the validation, AID Carbon and AID Shop divisions, we need to use the AID Token only in a very **moderate** way.

## How you can use the AID Token

> You can buy.
>
> You can send.
>
> You can receive.
>
> You can sell.
>
> You can benefit from exchange rate gains.
>
> You can make a loss by exchange rate loss.

> **You can earn passive income in forms of dividends quarterly.**
>
> You can buy things in our AID Shop with discount.

## The AID Token is a KDA on the [KleverChain](https://docs.newliveaid.com/ecosystem/blockchain-decision).

## **Functions of the AID Token, $AID**

Being a KDA on the [KleverChain ](https://docs.newliveaid.com/ecosystem/blockchain-decision)enables <mark style="color:red;">Freeze</mark>, <mark style="color:red;">Pause</mark>, <mark style="color:red;">Burn</mark>, <mark style="color:green;">Add Roles</mark>, <mark style="color:red;">Can Wipe</mark>, <mark style="color:red;">Can Mint</mark>, <mark style="color:green;">Can Change Owner</mark>.

{% hint style="info" %}
The Aid Token is a not freezable, nor pausable, nor burnable, nor wipable, nor mintable token.
{% endhint %}

We made it as simple as possible to ensure the highest possible trust, credibility and remain deflationary.

{% hint style="info" %}
Instead of regular stake & burn mechanisms we implemented [dividends](https://docs.newliveaid.com/ecosystem/aid-token/dividend) to be deflationary from the beginning.
{% endhint %}