KTX.Finance
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Token Information

KTX.Finance will operate on a dual-token model.

Summary

Token
Rewards
$KLP
Supply:
  1. 1.
    Unlimited Supply
Rewards:
  1. 1.
    70% of protocol trading fees paid out in $BNB and $ETH on BNB Chain and Mantle respectively
  2. 2.
    $esKTC Rewards
$KTC
Supply:
  1. 1.
    Max Supply = 100 million
Rewards:
  1. 1.
    30% of protocol fees paid out in $BNB and $ETH on BNB Chain and Mantle respectively
  2. 2.
    $esKTC Rewards
  3. 3.
    Multiplier Points when staked

$KLP

$KLP functions as a "proof-of-liquidity" receipt with unlimited supply. By minting $KLP, LPs are providing liquidity to a SINGLE-liquidity pool which comprises of 50% stablecoins ($BUSD and $USDT) and 50% blue-chip assets ($ETH, $BTC and $BNB/$MNT).
$KLP tokens can be:
  1. 1.
    minted with the pool’s underlying assets.
  2. 2.
    burnt to redeem any of the underlying assets
with a “Minting/Burning” fee which will be explained in the Fees section
Liquidity within the $KLP pool will be used by traders for both:
  1. 1.
    Swapping of assets
  2. 2.
    Opening of leveraged trading positions
By providing liquidity, LPs will be rewarded:
  1. 1.
    70% of protocol trading fees distributed in $BNB/$ETH
  2. 2.
    ​$esKTC​
More info on $esKTC can be found in the “Rewards” Page

$KTC

$KTC is the protocol’s governance and utility token. It is the abbreviation for KTX.Finance Community Tokens.
Steps to purchase $KTC can be found on the “Buy” page.
Stakers of the $KTC token are rewarded in:
  1. 1.
    30% of the protocol trading fees distributed in $BNB/$ETH
  2. 2.
    ​$esKTC​
  3. 3.
    ​Multiplier Points
More info on $esKTC and Multiplier Points can be found in the “Rewards” Page. Note that the fees distributed are based on the number after deducting referral rewards and the network costs of keepers, keeper costs are usually around 1% of the total fees.
Product Plan - Previous
Vision
Next - Tokenomics
$KTC Token Distribution
Last modified 14d ago