KINT Kintsugi

$0.185235

-7.24%

Time Interval :

Time Range :

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Rank #1407
Market Cap -6.99% $361,272
24H Spot Volume -89.47% $9,459.06
24H Volume / Market Cap +3.00%
Circulating Supply 1,950,345.47
Total Supply 10,000,000
Max Supply -
Fully Diluted Valuation -
API ID kintsugi
Project Start Date -
Contracts & Explorer(s) https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fapi-kusama.interlay.io%2Fparachain#/explorer
Websites Website
Links

About KINT

Bringing Wrapped BTC to Kusama.

Kintsugi is Interlay’s canary network, an experiment with real economic value deployed on Kusama.
Interlay is a decentralized network dedicated to connecting crypto-currencies like Bitcoin with DeFi platforms like Polkadot and Ethereum. The Interlay network is hosted as a Polkadot parachain and will be connected to Cosmos, Ethereum, and other major DeFi networks.
kBTC, Kintsugi's flagship product, is a 1:1 Bitcoin-backed asset on Kusama. Backed by multi-collateral insurance, it resembles an algorithmic stablecoin pegged to and redeemable 1:1 for Bitcoin (i.e. a hybrid). Users must only ever trust that Bitcoin and the DeFi platform they use are secure.
KINT is the native utility token that is used for: Governance votes to decide on protocol upgrades and determine how network resources are allocated, Fees for processing transactions.

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