KINE

Halal Rating :
Uncomfortable
Contract: 0xcbfef8fdd706cde6f208460f2bf39aa9c785f05d
Last Price $0.0027 Last updated:
Rank 2833
1D Change -6.20 %
Market Cap $53,685
Circulating supply 20,211,925
Maximum supply 100,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Exnetwork Capital Portfolio
  • MVB
  • Spartan Group
  • OKX Ventures Portfolio

Overview

KINE Protocol is a decentralized derivatives protocol that enables cross-chain trading. It aims to provide decentralized derivatives trading with high performance and low costs.

Purpose and Utility

The KINE token serves multiple functions within the ecosystem: governance rights for protocol decisions, staking for liquidity provision, and fee discounts for traders using the platform. The protocol focuses on providing decentralized derivatives trading infrastructure.

Business Model Analysis

The protocol generates revenue through trading fees and operates on a decentralized model where token holders can participate in governance and liquidity provision. The core business model revolves around facilitating derivatives trading.

Real-World Adoption

KINE has established partnerships with several blockchain platforms and maintains active trading volumes on various exchanges. The protocol has achieved integration with multiple chains including Ethereum and BNB Chain.

Development Activity

The project maintains regular development updates and has an active GitHub repository. The team continues to work on protocol improvements and cross-chain integrations.

Token Distribution

The token distribution includes allocations for team members, early investors, and community incentives. Vesting schedules are in place for team and investor allocations to prevent immediate selling pressure.

Rating Justification

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