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  1. TOKENOMICS
  2. KSP
  3. Automation of KSP distribution rate

KSP distribution ratio reflection policy

Aggregation of Buyback quantity

  1. Smart contracts automatically buy back KSP every hour by using pool usage fees generated from each pair.

  2. KSP buyback quantity accumulated for 24 hours (9 a.m. every day to 9 a.m. the day after) for each pair gets confirmed as KSP buyback quantity per day, and burned once a day.

  3. KSP buyback quantities are aggregated by summing the quantities of 1st day (50%), 7th day (50%).

  4. For recently created pairs, KSP buyback quantity aggregate criteria would not be met on the 7th due to the short period of pool existing period. In this case, KSP buyback quantity aggregated from the creation of the pair to the present would be the norm.

  • When the KSP buyback quantity by date of the pair, which has been 3 days after its formation, is as follows, the aggregate of KSP buyback quantity indexes on the 1st, 7th are as follows.

  • The buybacks quantities by date.

  • Day 1st: 10 KSP/ 2nd: 10 KSP /3rd: 20 KSP

  • KSP buyback quantity indexes of pair for 1st/7th/30th day 1st day : 10 KSP / 7th day : 40KSP (10+10+20)

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Last updated 10 months ago