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.
$0.018586
-0.46%
- Rank #1695
- Market Cap
0.05% $36,250
- 24H Spot Volume
9.20% $8,376.42
- 24H Volume / Market Cap
+9.52%+23.00%
- 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.
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