🪙 Tokens & Rewards
Last updated
Last updated
pKFI does not have any utility and can be redeemed for $KAI at a 1:1 ratio
You can convert your pKFI to KAI on our dApp via: https://kinetix.finance/apps/earn
pKFI Contract Address:
pKFI (preKFI token): 0xb61c7093B827F114B85bF14B99E623842Dc042E9
KAI is Kinetix's governance Token.
KAI token contract on Ethereum: 0x0bBCEfA5F3630Cae34842cb9D9b36BC0d4257a0d
KAI token contract on Kava EVM: 0x52369B1539EA8F4e1eadEEF18D85462Dcf9a3658
KAI token contract on Base: 0x3c3860d89b81c91974Fc1f8A41aeEef604c17058
KAI token contract on Polygon PoS: 0x8aD3d3e6B1b7B65138bD508E48330B544539b2C3
KAI stakers will receive:
25% of the total fees generated by Kinetix's Perpetual DEX.
7.5% of total fees generated by Kinetix V3 DEX
4% of the total fees generated by Gamma V3
30% of the total fees generated by dCLOB DEX (Blue Chip)
20% of the total fees generated by dCLOB DEX (Mid/Low Cap)
The max supply of KAI will be at 1,000,000,000.
KLP is Kinetix's Liquidity provider Token.
KLP liquidity providers will receive:
70% of the total fees generated by Kinetix's Perpetual DEX.
90% of the total fees generated by Kinetix V3 DEX
90% of the total fees generated by Gamma V3
40% of the total fees generated by dCLOB DEX (Blue Chip)
50% of the total fees generated by dCLOB DEX (Mid/Low Cap)
More infos on KLP and a Tutorial on how to provide Liquidity can be found here.
veKAI
veKAI
will be the vote-escrowed version of KAI.
When forming the veTokenomics, Kinetix took inspiration of successful implementations from projects such as Solidly, Curve, ThenaFi and Camelot.
Seeking to align the incentives of both, token holders and liquidity providers, the idea is that while locking governance tokens, users receive increased farming rewards and simultaneously can have more influence in Kinetix's governance (Voting power).
veKAI
utilityHolders receive Voting Power: veKAI
holders take part in the governance and will be able to vote during proposals.
Earn Farming Rewards
veKAI
voters receive:Trading fees that the pool(s) they vote for are generating
Bribes on the pools they have voted for
Bi-weekly veKAI
distribution
veKAI
holders will be able to vote for gauges on a bi-weekly basis.
The lock period for veKAI
will commence from 7 days, going up to 365 days.
Hence, the longer veKAI
is locked, the larger the Multiplier will be.
This means, holding veKAI
for a longer period of time, will earn you higher revenue as well as increased voting power.