KGeN Foundation
KGeN Foundation
KGeN FoundationKGeN Foundation
KGeN Foundation
KGeN FoundationKGeN Foundation
  • ABOUT
    • What is KGeN?
    • The KGeN Ecosystem
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    • Key Disclosures
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    • $KGEN
      • $KGeN Allocation and Unlock Schedule
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    • rKGEN
      • Core Attributes of rKGEN
      • rKGEN Staking
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Core Attributes of rKGEN

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Last updated 1 month ago

The core attributes of rKGEN are as follows:

  • Non-Transferable Compliance: Token movement is cryptographically restricted, adhering to non-transferability constraints defined by the Aptos standard.

  • Stakeholder-Specific Distribution: Programmatically allocated based on predefined engagement metrics and contribution indices.

  • Protocol-Level Enforcement: Smart contract logic ensures immutable reward binding, resistant to unauthorised manipulation or external transfer attempts.//

Following are key properties of rKGeN token:

Following are key resources in the rKGeN contract:

rKGeN will eventually be converted into the KGeN token at a 1:1 ratio (subject to customisation) post-TGE. Swapped rKGeN will be removed from circulations by invoking burn function in contract

This approach will help manage market anticipation, counter derivative market, provide rewards, user awareness around staking and serve as a lever to demonstrate user engagement and adoption to tier 1 exchanges for listing KGeN tokens.