KIRA’s economics ensure essential infrastructure and liquid capital through incentive engineering, rewarding users, developers, executors, and verifiers.
Discover on-chain Universal Basic Income for governance members and validators ensuring fair token distribution. Bring your assets from external chains and participate in re-staking through the native Liquid Staking protocol, ensuring security and liquidity. Bond your KEX to deploy unstoppable applications
KEX is KIRAs’ native fee token ensuring security and fair incentives for all network participants. Thanks to KEX, other assets on-chain can be valued and used as alternative fee tokens - making accessing KIRA seamless for new users.
Unlock rewards with KIRA’s dynamic incentive structure. Block and fee rewards are shared between block proposers and delegators in the form of KEX and other whitelisted fee tokens. Application LP and hardware provider incentives originate from swap fees and additional app-token rewards
KIRA’s native Multi-Bonded Proof of Stake (MBPoS) consensus accepts diverse digital assets as staking collateral. Every token staked results in the automatic and native issuance of liquid staking derivatives (LSDs) to enhance network security and economic activity.
KIRA makes use of ULS and basketing of staked assets to provide you with a single token representing a collection of different LSD assets representing the same type of token. All LSDs’ and basketed tokens can then be effortlessly used with applications deployed on KIRA.
KIRA’s ILO boosts application token liquidity and utility. Developers request community bonds of KEX to on-chain applications. If approved, tokens pair with KEX in an AMM pool, creating optimal market conditions and attracting node operators for extra incentives.
