KAP Token is now live!
The KAP token is the lifeblood of our protocol, with over six designated use cases including paying fees, placing votes, and earning incentives.
About the token
The KAP token is non-inflationary, with only 1,000,000,000 ever minted.
Additional novel re-locking mechanisms and burning available upon DAO vote.
Additional novel re-locking mechanisms and burning available upon DAO vote.
THE KAP TOKEN HAS IMMEDIATE UTILITY
For ORGANIZATIONS, utility access
to our protocol
to our protocol
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For contributors, GOVERNANCE
AND INCENTIVES
AND INCENTIVES
True utility
All protocol functions must be paid for in KAP, or, if they're automatically taken in otherwise exogenous tokens, those tokens are then swapped into KAP.
Community-first
60% of the total token supply is reserved for the treasury and community.
Lower team and investor allocations mean a stronger future bottom line.
Token distribution:
Ecosystem
60%
Team
20%
Investors
20%
KAP is live!
Our Balancer liquidity bootstrapping pool is now open.
Instructions for participation are found here!
