Tokenomics / wen $KRIYA?
Last updated
Last updated
Below is a brief summary of $KRIYA Tokenomics →
1,500,000+ $KRIYA tokens (>1.5% of supply) has been allocated as part of the Chakra Campaign Season 1 & Season 2 come from the 40.7% allocation to Protocol Rewards. These funds have been used and will continue to be used in incetivizing liquidity on all Kriya products (spot, perpetuals and options).
Ecosystem funds are for grants for projects building on top of Kriya (yield vaults, MM bots), users building community Dune Dashboards, helping expand SDKs beyond Typescript etc.
Treasury will be used to fund day to day operations of the DAO as well as token buybacks to share growing protocol fee income with $KRIYA holders.