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
  2. 2.
    $esKTC Rewards
$KTC
Supply:
  1. 1.
    Max Supply = 100 million
Rewards:
  1. 1.
    30% of protocol fees paid out in $BNB
  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% $BUSD and 50% blue-chip assets ($ETH, $BTC and $BNB).
$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 $KLP pool will be used by traders for both:
  1. 1.
    Swapping of assets
  2. 2.
    Opening of leveraged trading positions
By providing liquidity, LPs will be rewarded:
  1. 1.
    70% of protocol trading fees distributed in BNB
  2. 2.
    ​$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 $BNB
  2. 2.
    ​$esKTC​
More info on $esKTC and Multiplier Points can be found in the “Rewards” Page