All about KDA, the digital currency of the Kadena economy.
What is KDA?
KDA is a digital currency that is used to pay for compute on the Kadena public chain. Similar to ETH on Ethereum, KDA on Kadena is the manner by which miners are compensated for mining blocks on the network and is the transaction fee that users pay in order to have their transactions included in a block.
The Kadena Tokenomics Model
Kadena Token Allocations
Kadena’s token allocation model is distributed across multiple groups within our ecosystem. From investors and strategic partners, to core contributors, to platform oversight, Kadena’s tokenomics prioritizes the miners who secure our network.
Longevity of Token Emissions
In 2021, we announced a reduced platform emission rate that strikes the best balance of our ability to aggressively develop the platform while ensuring that the token emission supports a healthy economy.
It extends the emission timeline by five years to complete the emission schedule by 2030, ten years after the network launch.
How Kadena Funds are Used
Kadena actively uses funds to propel the growth of our ecosystem through various initiatives that add to the breadth of utilization. Those initiatives include developer and project grants, the bonding program, community activities, and events.
Where to Buy KDA
Where to Store KDA
There are a wide range of places to store KDA depending on your level of experience and preference. Our goal is to make buying, selling, and storing $KDA an accessible and secure experience for everyone, from the most seasoned degens, to someone trying DeFi for the first time.
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