Rumored KILO IDO on PancakeSwap disproven; gas fee optimization update confirmed

The speculation about a possible KiloEx initial DEX offering (IDO) on PancakeSwap has been disproven after additional information confirmed that the transaction was a gas optimization upgrade, not a new IDO debut.

On March 27, on-chain analyst ai\_9684xtpa suggested that PancakeSwap (CAKE) might be planning to launch an IDO for the KiloEx (KILO) token based on his discovery that the same address that created the KiloEx (KILO) IDO on Binance Wallet also established an IDO event on PancakeSwap.

However, another analyst, canhua1023, later explained that the address that created the KiloEx IDO event did so only to optimize gas fees, decreasing it from 256 to 128, which dispelled the rumor of a new IDO on PancakeSwap.

The initial observation by ai\_9684xtpa indicated that the "Create IDO" transaction was initiated by the same address that had launched KILO IDO in Binance Wallet, but with distinct parameters. Unlike the Binance Wallet IDO which needs BNB for participation, the suspected IDO on PancakeSwap seemed to require CAKE.

Given this, ai\_9684xtpa suggested that PancakeSwap might be preparing to launch a KILO IDO independently from the one happening within the Binance Wallet for the KILO token, stating "Hyperliquid just had an incident yesterday, so it makes sense to list a Perp DEX on the BSC ecosystem while the attention is still high. Hahaha"

With the rumor now quashed, it's evident that PancakeSwap is not launching a new IDO for KILO at this time. The "Create IDO" transaction was merely a gas optimization update.