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Tokenomics

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KARVANA

Purpose: Ownership and governance of the Karvana DAO, which will serve as a decentralized investment fund

Supply: KARVANA starts with an initial supply of ~1.3 Billion tokens and follows a decaying emission schedule analogous to Bitcoin. The initial annual emission rate is 21% and decays exponentially by 2^1/4 each year, which will result in a total max supply of ~3 Billion tokens

  • 50% for liquidity pool incentive rewards

  • 20% for team & advisors with 2 year vesting

  • 20% for early investors with 2 year vesting

  • 10% for community and marketing fund

Address (Fantom): TBD

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kUSD

Purpose: Stablecoin pegged to $1 and fully backed by redeemable collateral. Used for farming and leveraging collateral positions

Supply: The supply of kUSD expands and contracts in proportion to the amount of collateral locked in the Karvana lending vaults

Address (Fantom): TBD

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Karvana will be a cross-chain protocol, and our tokens will seamlessly bridge among a multitude of EVM compatible blockchains

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