A rumor of a potential KILO IDO on PancakeSwap debunked as a gas fee optimization update

A rumor of an initial DEX offer potential kiloex on Pancakeswap was demystified after new clarifications revealed that the transaction was an update of gas optimization, and not a new IDO launch.

March 27, chain analyst AI_9684XTPA extended that pancakeswap (CAKE) could prepare to launch an IDO for the kiloex token (kilo) based on its observation that the same address that created Kiloex (kilo) Ido on Binance Wallet has also set up an IDO event on Pancakeswap.

However, another analyst, canhua1023Then said that the address that created the Kiloex IDO event only did it to optimize gas costs, reducing it from 256 to 128, which has demystified the rumor of a new IDO on Pancakeswap.

The initial Observation by AI_9684XTPA revealed that the “Create Ido” transaction was launched by the same address that launched Kilo Ido in Binance Wallet, but with different parameters. Unlike the Binance Wallet IDO which requires BNB for participation, the IDO suspected on Pancakeswap seemed to require a cake.

Based on this, AI_9684XTPA said that Pancakeswap could prepare to launch an ido kilo separately from the one that occurred in the Binance portfolio for Kilo Token, declaring: “Hyperliquid had just had a incident Yesterday, it is logical to list a Dex Perp on the BSC ecosystem while attention is still high. Hahaha “

With rumor now exploded, it is clear that Pancakeswap does not launch a new I DO For the kilo for the moment. The “Create Ido” transaction was only a gas optimization update.