Layer 2
Kontos Protocol announces its highly expected tokenomics details
Credit : crypto.news
Kontos Protocol broadcasts tokenomics unveiled with give attention to investor engagement and ecosystem.
The long-awaited tokenomics for Kontos Protocol’s native token, KOS, have been revealed. 139.4 million tokens, or 13.937% of the full provide of 1 billion KOS, might be launched through the Token Era Occasion (TGE).
A balanced and sustainable mannequin for the way forward for the challenge is ensured by the token distribution, which emphasizes ecosystem progress, neighborhood engagement and funding methods.
With its zero-knowledge-based layer 2 account protocol, Kontos affords asset-free operations, gas-free transactions, and no personal keys, all of which is an effort to make blockchain simpler to make use of. It additionally lowers limitations to entry for builders and customers within the Web3 atmosphere by enabling a single account for quite a few blockchains.
The Kontos Protocol’s tokenomics are meant to encourage adoption of the superior blockchain infrastructure and help long-term progress. The layer 2 blockchain goals to construct a sustainable ecosystem that meets the calls for of each buyers and customers by specializing in key areas together with challenge improvement, neighborhood incentives and liquidity. With these calculated investments, Kontos is nicely positioned to solidify its place within the quickly altering Web3 market.
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