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.

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