How do BOTLabs and KILT relate?
KILT Protocol was initially developed by BOTLabs GmbH in Berlin. At the go-live of KILT Protocol, BOTLabs owned around one third of the KILT coins as outlined in KILT’s updated tokenomics. To ensure democracy and decentralization, BOTLabs will abstain from voting on all proposals and referenda. The percentage of coins owned by BOTLabs is designed to decrease over time, due to inflation in the network.