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  • Token Distribution
  • Revenue Distribution
  1. Tokens
  2. KNS Token

Tokenomics

A deeper dive into $KNS token economy.

PreviousKNS TokenNextsKNS Token

Last updated 5 months ago

Token Distribution

  • Community Rewards (50%)

    • Allocation: 5,000,000,000 KNS (5 billion KNS)

      • KNS governance staking reward 2,000,000,000 KNS (2 billion KNS)

      • KAIA-KNS LP staking reward 3,000,000,000 KNS (3 billion KNS)

    • Distributed over 48 months for liquidity pool and staking rewards

  • Treasury (15.75%)

    • Allocation: 1,575,000,000 KNS (1.575 billion KNS)

    • Managed by DAO after the launching of the governance function

  • Initial LP (0.75%)

    • Allocation: 75,000,000 KNS (75 million KNS)

    • Used for providing liquidity the initial KAIA-KNS pool

  • Marketing & Partnership (5%)

    • Allocation: 500,000,000 KNS (500 million KNS)

    • Used for marketing or cooperation with other projects

  • Airdrop (0.5%)

    • Allocation: 50,000,000 KNS (50 million KNS)

    • Airdropped to the winners of KNS Domain Auction from March 28 to April 10, 2022

  • Team (15%)

    • Allocation: 1,500,000,000 KNS (1.5 billion KNS)

    • Distributed to the KNS Dev Team

    • 30 months of linear distribution after 6 months of lock-up (Total 36 months)

  • Investors (13%)

    • Allocation: 1,300,000,000 KNS (1.3 billion KNS)

    • Distributed to institutional investors of KNS

    • 30 months of linear distribution after 6 months of lock-up (Total 36 months)

Revenue Distribution

10% of domain sales revenue will be distributed to KNS Dev Team, 40% to the Treasury, and 50% to GradualDistributor.

The details on the revenue distribution are as follows:

  1. After domain registration, the revenue (KAIA) for KaiaRegistrarController is moved to PrimaryDistributor.

  2. PrimaryDistributor distributes 10% to the team wallet, 40% to Treasury, and 50% to GradualDistributor.

  3. GradualDistributor gradually sends distributed KAIA to SecondaryDistributor during the registration period of each domain.

  4. SecondaryDistributor purchases KNS using 50% of the KAIA it received and distributes it to sKNS holders, and with the remaining 50%, it purchases KNS and provides liquidity to the KAIA-KNS pool. The LP tokens are managed by Treasury and become POL(Protocol Owned Liquidity).

KNS Cash Flow Chart (before Kaia migration)