Kyber Network Crystal Tokenomics Overview
Full Kyber Network Crystal tokenomics breakdown: KNC token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateApril 21, 2021
Max Total Supply252,300,000
Total Supply241,050,096
Transparency
LOWHIGH
KNC Tokenomics FAQ
Key questions and answers about Kyber Network Crystal tokenomics.
What is the token allocation for KNC?
Kyber Network Crystal token distribution allocates 252,300,000 KNC across 3 primary stakeholder groups:
- Private Investors: 52.30% (Community investors 52.30%)
- Foundation: 31.00% (Untracked 31.00%)
- Insiders: 16.70% (Founders advisors and early investors 16.70%)
What is the vesting schedule for KNC?
KNC uses variable cliffs and vesting schedules that change depending on the allocation:
- Community investors: 100.0% at TGE
- Untracked: No information
- Founders advisors and early investors: 12 Month Cliff, 12 Month Linear Vesting
How many KNC tokens unlock at TGE?
52.3% of the total supply (131,952,900 KNC) is unlocked at TGE, with the entire unlock going to Investors.
What is the total supply and circulating supply of KNC?
Kyber Network Crystal has a total supply of 252,300,000 KNC, of which 209,286,409 KNC (83% of total) is currently circulating.
What is the token emission schedule for KNC?
Total length of the full Kyber Network Crystal emission schedule is 2 years, with 52.30% released in Year 1, while the remaining 16.70% is released over the following 1 year.
What is Kyber Network Crystal (KNC)?
Kyber Network Crystal (KNC) is the native governance and utility token of the Kyber Network, a decentralized liquidity protocol designed to facilitate seamless token exchanges across multiple blockchain networks. The $KNC token plays a critical role within the Kyber ecosystem, bridging liquidity providers, developers, and traders to foster an efficient and decentralized financial system. As the governance token, KNC empowers holders by granting them voting rights to drive key decision-making processes related to protocol upgrades and enhancements. This decentralized governance model ensures that the community actively contributes to shaping the evolution of the Kyber Network. Beyond governance, $KNC incentivizes liquidity providers (LPs) by rewarding them for contributing liquidity to the network, thereby enhancing token availability and enabling smoother transactions for decentralized applications (dApps) and traders. The tokenomics of $KNC are strategically designed to maintain a sustainable ecosystem through a deflationary model. A portion of the network fees generated from liquidity protocols and integrations is used to buy back and burn KNC tokens, reducing circulating supply over time. This mechanism aligns with the long-term growth of the ecosystem and adds value for token holders. Kyber Network integrates with leading blockchain networks, positioning itself as a critical liquidity layer for decentralized finance (DeFi). Developers can leverage Kyber’s open and permissionless protocol to integrate token exchange functionalities into their dApps, enhancing user experience. With its multi-chain compatibility, the Kyber Network strengthens cross-chain token interactions and simplifies on-chain liquidity aggregation. In summary, $KNC serves as the backbone of Kyber Network’s decentralized liquidity infrastructure by facilitating governance, incentivizing liquidity providers, and fostering efficient token operations. Positioned as a powerhouse for DeFi and blockchain interoperability, Kyber Network Crystal Tokenomics ensures sustainability, governance transparency, and scalability within a fast-growing decentralized financial ecosystem.
