Kaspa (KAS) Tokenomics
Kaspa (KAS) Information
Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The world’s first blockDAG- a digital ledger enabling parallel blocks and instant transaction confirmation, built on a robust proof-of-work engine with rapid single-second block intervals.
Kaspa (KAS) Tokenomics & Price Analysis
Explore key tokenomics and price data for Kaspa (KAS), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
In-Depth Token Structure of Kaspa (KAS)
Dive deeper into how KAS tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
Kaspa (KAS) is a decentralized, open-source, Proof-of-Work (PoW) blockchain with a unique blockDAG architecture. Its token economics are designed to maximize decentralization, transparency, and community participation. Below is a comprehensive breakdown of its token economics, including issuance, allocation, usage, incentives, and locking mechanisms.
Issuance Mechanism
- Proof-of-Work Mining:
KAS is issued exclusively through PoW mining. Miners validate transactions and add blocks to the blockDAG, receiving newly minted KAS and transaction fees as rewards. - Block Reward Schedule:
- Initial Reward: 500 KAS per block at launch (November 7, 2021).
- Halving Mechanism: The block reward decreases geometrically each month by a factor of (1/2)^(1/12), resulting in a gradual reduction in new supply.
- Current Reward: As of February 26, 2024, the block reward is 81 KAS per block.
- Maximum Supply: The total supply is capped at 70 billion KAS, expected to be fully mined around 2057.
- No Premine or Pre-allocation:
Kaspa was fair-launched with no premine, no pre-sale, and no team or investor allocations.
Allocation Mechanism
| Allocation Type | Details |
|---|---|
| Mining Rewards | 100% of KAS is distributed to miners via PoW block rewards and transaction fees. |
| Team/Investors | 0% (No tokens allocated to team, advisors, or investors) |
| Community Fundraising | Community-initiated crowdfunding for development and ecosystem initiatives (see below) |
- Community Fundraising:
- Conducted via public campaigns for specific development or ecosystem needs.
- Funds are held in a 2/4 multi-signature wallet managed by elected community treasurers.
- Example: ~70.23 million KAS (~0.24% of max supply) raised for DAGKnight consensus development.
Usage and Incentive Mechanism
| Use Case | Description |
|---|---|
| Peer-to-Peer Payments | KAS is used as a medium of exchange and value storage within the Kaspa network. |
| Transaction Fees | All network transactions require a fee paid in KAS, which is awarded to miners. |
| Mining Incentives | Miners receive block rewards and transaction fees as compensation for securing the network. |
| Governance | Community-driven proposals and funding via Discord and other social channels. |
- No Staking or Liquidity Provision:
Kaspa does not support staking or liquidity provision. All incentives are PoW-based.
Locking Mechanism
- No Locking or Vesting:
There are no token locks, vesting schedules, or unlock events for KAS. All tokens are distributed through mining and are immediately liquid upon receipt.
Unlocking Time
- Not Applicable:
Since there are no locked or vested tokens, there are no scheduled unlocks or vesting events for KAS.
Summary Table
| Mechanism | Details |
|---|---|
| Issuance | PoW mining, geometric monthly halving, capped at 70B KAS |
| Allocation | 100% to miners, 0% to team/investors, community fundraising via multi-sig wallet |
| Usage/Incentives | Payments, transaction fees, mining rewards, community governance |
| Locking | None |
| Unlocking | None |
Additional Notes
- Decentralization:
Kaspa’s design ensures no central governance, no privileged users, and all decisions are made via open community processes. - Transparency:
All fundraising and treasury activities are managed by elected community members and are publicly auditable. - Security:
The network is secured by PoW miners using the kHeavyhash algorithm, with rewards decreasing over time to control inflation.
Kaspa’s token economics are among the most transparent and community-driven in the industry, with a strict adherence to fair launch principles and no hidden allocations or lockups. All value accrues to miners and the broader ecosystem through open participation and transparent governance.
Kaspa (KAS) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Kaspa (KAS) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of KAS tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many KAS tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand KAS's tokenomics, explore KAS token's live price!
How to Buy KAS
Interested in adding Kaspa (KAS) to your portfolio? MEXC supports various methods to buy KAS, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Kaspa (KAS) Price History
Analyzing the price history of KAS helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
KAS Price Prediction
Want to know where KAS might be heading? Our KAS price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy Kaspa (KAS)
Amount
1 KAS = 0.078936 USD