Token Distribution

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Token Economic Model

Category	Total	Proportion	Unlocking conditions
Total	2,000,000	100%
Core development team rewards	100,000	5%	4 years output by by
Initial governance and market operations	200,000	10%	30% for on-line unlocking, internal governance, airdrop, initial liquidity, test and reward, community volunteers, and the remaining 70% output by block in 2 years
Mining incentive	1,700,000	85%	Liquidity mining, staking mining, lend mining, etc.

Note: Initial internal governance: Before the KLend platform goes online, it needs to go through a round of internal governance by core community members. The internal governance KLT voted to determine the proportion of deposits, loans, mortgage tokens, and loan mining for the first phase of the launch.