How It Works
The token economy.
Last updated
The token economy.
Last updated
Blockchains have innovated in two main ways:
mental masturbation protocols for VCs/founders with zero PMF
tokens
Is money a type of token?
Would you transfer tokens that takes a few days to be sent abroad, requires approval of legacy institutions to do anything with it, and have crazy inflation schedules?
Tokens can be sent and traded at the speed of light against any token, and programmable.
Kiru created superior money with $KIRU, a token designed to go up against the token market.
We're actively pushing for the ECB vision to come true.
Kiru is the instantiation of the ideal token.
At equal volume, $KIRU goes up more compared to any other token (see deep dive), while the cost of the mechanism is almost entirely borne by bots and the bonding curve itself.
In addition to pushing upwards volatility, $KIRU is strictly deflationary, while preserving all composability with other existing tokens.
$KIRU achieves what everyone dream of :
a price that increase mechanically in a sound way.
Get in loser, we're taking over legacy money.