KLP
KLP is a liquidity receipt for depositors in the KLP Pool. Depositors receive 70% of protocol trading fees paid out in BNB and ETH on BNB Chain and Mantle respectively.
Introduction
KLP is an index consisting of 50% stablecoins (USDT) and 50% digital assets (BTC/ETH/BNB/MNT). The allocation of assets varies depending on the network on which the protocol is active.
KLP also functions like an open-ended index fund tracking its composite assets. Depositors are free to mint KLP tokens to participate in liquidity at anytime. Depositors receive 70% of protocol trading fees paid out in BNB and ETH on BNB Chain and Mantle/Arbitrum respectively.
KLP Price is calculated as Total Value of Assets / Total Supply of KLP, making it a function of asset price fluctuation and Trader Profit & Losses.
Find out more about how KLP works here
Depositing into KLP
New depositors can deposit into KLP here.
Step-by-step instructions for depositing into KLP can be found here.
Users can save on fees by depositing into KLP with underweighted assets.
Last updated
