gKimbo - Kimbo College
Graduated Kimbo (gKimbo) is a vault token backed 100% by $KIMBO.
gKimbo is a continually appreciating token. This means that you can always claim for the same amount of $Kimbo you staked or potentially more (minus fees).
Note: gKimbo is priced in $Kimbo tokens it is not priced in usd or a fiat currency, the usd value of gKimbo will fluctuate based on the market rates of $Kimbo but the ratio of gKimbo to $Kimbo only has the potential to go up.
When you deposit $Kimbo into the Kimbo College contract you will get gKimbo in return. The deposited $Kimbo remains in the contract (minus fees). gKimbo represents your share of the $Kimbo tokens in the contract. Therefore, you can always withdraw your original amount of $Kimbo (minus fees) and potentially more (this will be further discussed in Fees).
Since gKimbo is an ERC4626 contract it is also 100% compatible with all ERC20 functionality. This means it can be traded on DEXes, staked, held in other vaults, and anything that the $Kimbo community cooks up!