# KSP

![](https://1592049914-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MJygKa-Pq2tO-w7HGny-887967055%2Fuploads%2FKDDUkOLKzIKKzCMI15rM%2Fimage%20\(1\).png?alt=media\&token=e160494c-b332-4bf1-973a-c89e42ace666)

* **Ticker** : KSP
* **Contract address** : [https://scope.klaytn.com/token/0xc6a2ad8cc6e4a7e08fc37cc5954be07d499e7654](https://scope.klaytn.com/token/0xc6a2ad8cc6e4a7e08fc37cc5954be07d499e7654?tabId=tokenTransfer)​
* **Chain** : Klaytn (Cypress)

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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 <a href="#use-cases" id="use-cases"></a>

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.&#x20;
* KSP can be used for governance voting related to the protocol's agenda. (Scheduled to be updated)&#x20;
* KSP can be used to pay for creating a new pool (pair). (The cost of generating pool is incinerated)

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## Detail <a href="#detail" id="detail"></a>

{% content-ref url="ksp/ksp-tokenomics" %}
[ksp-tokenomics](https://docs.klayswap.com/tokenomics/ksp/ksp-tokenomics)
{% endcontent-ref %}

{% content-ref url="ksp/ksp-allocation" %}
[ksp-allocation](https://docs.klayswap.com/tokenomics/ksp/ksp-allocation)
{% endcontent-ref %}