Kine Protocol Logo

Kine Protocol KINE

Kine Protocol header image

1. Summary

Ranks

Liquidity
73
Developer
-
Social
96
Momentum (beta)
87
Stack Rankā„¢
-
Price
$0.12 +3.1%
Market Cap
$2.49M (#2176)
Supply
20.21M / 100.00M
Price
52W High price $0.36
52W High date 5th Mar 2024 (4 months ago)
All Time High (ATH) Date 15th Mar 2021 (3 years ago)
ATH Price $6.87
% From ATH -97.04%
All Time Low (ATL) Date 24th Dec 2022 (1 year ago)
ATL Price $0.04
% From ATL 398.92%
Supply & Trading Volume
Trading Volume (24h) $180,037.00
Total Supply 100.00M
Max Supply 100.00M
Circulating Supply 20.21M
Description

Kine Protocol

Kine Protocol

Kine Protocol is a decentralized protocol that establishes general purpose liquidity pools backed by a customizable portfolio of digital assets. The liquidity pool allows traders to open and close derivatives positions according to trusted price feeds, avoiding the need for counterparties. Kine lifts the restriction on existing peer-to-pool (aka peer-to-contract) trading protocols, expanding the collateral space to any Ethereum-based assets and allowing third-party liquidation.

Staking and Minting

Users can stake assets in the Kine Finance dApp, increasing their staking value and receiving a debt limit. This debt limit can be minted into kUSD as actual debt to the system, with a 20% haircut for liquidation buffers. The minted kUSD can be transferred to the Kine exchange as trading margin, facilitating trades with zero slippage and leveraged cross-margin trading on both crypto and non-crypto assets.

Trading Experience

The Kine exchange offers a seamless trading experience. Trading gains and losses are settled in kUSD, which can be bought or sold on decentralized exchanges like Uniswap and DODO. Users can withdraw their staked assets by burning the equivalent amount of kUSD.

Participants

Major roles in the Kine ecosystem include:

Stakers

Stakers provide liquidity to the pool by staking crypto assets and minting kUSD, receiving KINE rewards for their participation. They also passively bear the liquidity pool's exposed risk.

Traders

Traders use the Kine exchange to execute trades, enjoying zero slippage and leveraged cross-margin trading. Trading fees are distributed to stakers as rewards.

Liquidators

Liquidators help protect the liquidity pool from under-collateralization by paying back MCD debt using kUSD on behalf of insolvent stakers. They can seize an amplified portion of staked assets upon successful liquidation, realizing immediate profits.

Tokenomics

KINE is the native protocol token designed to facilitate community governance and incentivize the virtuous circle within the Kine ecosystem. It is issued on Ethereum following the ERC-20 standard.

2. Price

KINE

2.1. Market Performance

How does Kine Protocol's (KINE) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

30.4%

KINE

9.6%

Similar Market Cap

60 Day Return

-9.2%

KINE

8.1%

Similar Market Cap

1 Year Return

125.9%

KINE

49.0%

Similar Market Cap

3. Developer Activity

We're monitoring 6 Kine Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Kine Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 119

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 62
Past week 0
Past 12 weeks 0
Past year 15
Past week 0
Past 12 weeks 0
Past year 1
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 7 developers have contributed to Kine Protocol over the past year. Who are the most active Kine Protocol developers, by commits, over the past year?

Related Projects

Developers working on Kine Protocol also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 37,562
Active Reddit Users (past 24h) 2
Discord users
Active Discord Users
Telegram Users 10,430
Twitter followers 100,141
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://kine.io/
Explorer https://etherscan.io/token/0xcbfef8fdd706cde6f2084...
Twitter @kineprotocol
reddit /r/KineProtocolOfficial
Whitepaper https://docs.kine.io/whitepaper/kine-token-model

What is the correct contract address for Kine Protocol?

Ethereum 0xcbfef8fdd706cde6f208460f2bf39aa9c785f05d

Has Kine Protocol been audited for security?

No security audits found for this project.

Are you the owner of Kine Protocol? Edit it here

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