KSP
Ticker : KSP
Contract address : https://scope.klaytn.com/token/0xc6a2ad8cc6e4a7e08fc37cc5954be07d499e7654
Chain : Klaytn (Cypress)
KSP is a key token that maintains the KLAYswap protocol ecosystem, and KSP rewards distributed through inflation are distributed to single, pair (existing/plus), and KSP stakers.
Use cases
Users are able to get KSP distribution rewards by depositing in pools, stakings, or transactions. And the use ranges of rewarded KSP are as follows.
Users can receive inflation compensation by using KSP for single/pair/plus deposit services.
Users can participate in KSP staking and receive KSP inflation compensation. Users can participate in the vote to determine the KSP distribution rate of the KSP rewarding pool.
KSP can be used for governance voting related to the protocol's agenda. (Scheduled to be updated)
KSP can be used to pay for creating a new pool (pair). (The cost of generating pool is incinerated)
Detail
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