MEXC Global Research: Kusama Ecosystem DeFi Infrastructure Karura (KAR) Market Analysis

I. Project Introduction

  1. Cross-chain excess multi-mortgage stablecoin kUSD;
  2. LKSM is the native asset of the Karura network. Whenever the user stakes a certain amount of KSM in the Kurura stablecoin protocol module, the protocol will send LKSM of equal value to the user according to the real-time exchange rate at the time. The user can exchange LKSM back to the primary asset KSM at any time.
  3. Governance asset KAR

II. Tokenomics

  • 10.08% were distributed to supporters, one-month lock-up period, and the release will be completed five months later;
  • 10% were distributed to the founding team, 18-month lock-up period, and the release will be completed five months later;
  • 18.33% were distributed to early supporters, 12-month lock-up period, and the release will be completed 12 months later;
  • 60.87% were allocated to the community. The community allocation is distributed as follows:
  • 10.25% for Reward Reserve rewards;
  • 34% for slot auction awards and project liquidity;
  • 5% for ecosystem development;
  • 11.62% were allocated to Treasury / Reserve.

III. Investment Institutions

IV. Practical Value Analysis

  1. Network trading fee: a small amount of gas charge for network trades and smart contract execution;
  2. Node incentive: Motivate network nodes to monitor and deliver messages to Kusama;
  3. Governance: Give communities the power to vote, such as choosing council members. Promote the development of Karura;
  4. Algorithmic risk control: Automated control of risk parameters, such as interest and collateral rate;
  5. Deployment of Runtime Pallet: Allow the development team to deploy Runtime Pallets to Karura network with KAR as a guarantee;
  6. Smart contract deployment: Allow the development team to deploy new DApps and smart contracts with KAR as a guarantee.

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