One token. One number that only goes up.
$kSHARE is an ERC-4626 yield receipt representing a redeemable share of KINETIX vault assets — not a governance token.
Supply, driven by deposits — not discretion
No fixed max supply. Supply expands when users deposit into vaults (shares minted 1:1 against deposited value) and contracts when users redeem (shares burned). Circulating supply is a pure function of net deposits and withdrawals — no discretionary minting.
Utility
- Accrues yield via appreciating share price (NAV per share).
- Transferable ERC-20 — tradeable on secondary markets.
- Usable as collateral in supported lending markets.
- Composable across DeFi (LP, structured products, aggregators).
Value Drivers
- 01Auto-compounding raises NAV per share over time.
- 02Demand scales with vault APY — higher yield attracts more deposits.
- 03No inflationary emissions — value accrues to existing holders only.
Where the fee flows
Total protocol fees are capped at 10% of yield, enforced on-chain. Every cent of that fee is split transparently.
Protocol reserves, audits, runway
Open-market $kSHARE buyback & burn
Dev, infra, integrations, incentives
From vaults to structured products
Foundation
Vaults + intent-based swap live on BSC.
Expansion
Cross-chain vaults and additional yield-bearing assets.
Governance Layer
On-chain parameter voting via separate gov module.
Lending Integration
$kSHARE accepted as collateral in partner money markets.
Perps & Structured
Yield-hedged perpetuals and tranched vault strategies.
Built to be trusted, not trusted by word
Hard-Capped Fees
On-chain fee ceiling of 10% is immutable, preventing governance or admin fee abuse.
Non-Custodial Design
User funds never leave their wallet until atomic settlement; no custody or withdrawal rights.
Timelocked Parameters
All sensitive parameter changes pass through timelocks, giving users exit visibility.
Range Guardrails
Auto-rebalance guardrails constrain vault ranges, preventing extreme or malicious positioning.
Oracle Integrity
Pricing relies on validated on-chain oracles with deviation checks against manipulation.
Audited Contracts
Core vault, $kSHARE, and intent settlement contracts are independently audited and verifiable.
Composable across BSC DeFi
Wallets
Liquidity
Composable
Mint your share of the engine
Deposit any supported asset to receive auto-compounding $kSHARE.