KAYEN Protocol
  • 📝Overview
  • 📅Roadmap
  • Chiliz Guide
    • 🆕Wallet Creation
    • ⚙️Wallet Setup for Chiliz
    • 🪙Adding Tokens to Wallet
  • KAYEN USER GUIDE
    • 🔌Adding Chiliz Chain
    • 🆕New Pool Creation
    • ➕Add liquidity
    • ⛔Remove Liquidity
    • 💱Swap
    • 🌉Bridge Tokens on Kayen
      • Bridge $KAYEN
  • PROTOCOL MECHANICS
    • 🏦Protocol Earnings
    • 🏺Wrapped Fan Token
    • 🔁KAYENSWAP V2
      • Liquidity and Yield Farming
      • Impermanent Loss
      • Wrapped Tokens
      • Master Router
    • 🔁KayenSwap V3
    • 💰Staking
      • 🚰Liquid Staking
      • 🏦$KAYEN Staking
    • 🚀Launchpad
  • Tokenomics
    • 🌶️$KAYEN & $xKAYEN
    • 🪙KAYEN Token
    • 🔓xKAYEN Token
    • 📊Token Distribution
    • 🔥Deflationary Mechanism
  • Contract
    • 💼Contracts
    • 🌪️Tokens in Kayen
  • REFERENCES
    • 📔Contracts
    • 🛡️Audits
    • 📣Terms of Use
    • Glossary
    • Media Kit
    • Terms of Service
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On this page
  • Core Objectives
  • Feature-rich AMM
  • Long-term sustainability
  • V3 AMM
  • Next-Generation Yield & Incentives

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Overview

NextRoadmap

Last updated 3 months ago

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KAYEN Protocol is a community-driven RWA ecosystem dedicated to SportFi and SocialFi. Starting from the Fan Token DEX as the protocol's first and flagship product product, KAYEN's vision is to build a comprehensive platform for Fan Tokens and SportFi/SocialFi.

Inspired by Camelot, KAYEN is designed for high efficiency and customization. It provides an infrastructure that enables builders and users to access deep, sustainable, and adaptable liquidity solutions. Our goal is to offer a tailored approach that prioritizes composability.

Core Objectives

  1. Enrich the Fan token ecosystem with one-of-kind DeFi experience, bridging time-tested infrastructures to innovative features to be highly customizable and build sustainable liquidity

  2. Emphasize decentralization, empowering the community to lead the protocol while supporting the core team in sustainable development.

  3. Become the primary facilitator for Fan Tokens, providing the tools that enable others to launch, bootstrap liquidity, and sustain their growth

  4. Adhere to the permissionless ethos of Bitcoin to be fully trustless.

  5. Deliver only state-of-the-art functionalities that are easy-to-use, build upon, and leverage by other protocols.

  6. Offer real yield to a liquidity providing - creating innovative emissions strategies that leverage more sustainable tokenomics, aligning incentives with builders, users, and the protocol

Feature-rich AMM

KayenSwap V2 AMM is based on a dual AMM, supporting both volatile (UniV2) and stable (Curve-esque) swaps.

Along with dual AMM, we're also introducing Dynamic Directional Fees (DDF) for our trading pairs. DDF allow for different fees depending on the direction of the swap (buying/selling).

These innovative AMM features allow us to provide pool configurations that are much more customized and tailored to the specific trading pairs.

Long-term sustainability

KAYEN is based on a dual token system, consisting of the native liquid KAYEN and its escrowed version xKAYEN, a non-transferable governance token, both being used as farming rewards.

Most emissions are distributed in xKAYEN, providing a high level of control on the supply flow on the market. This allows us to create a healthy balance between attractive incentives to grow initial liquidity, whilst ensuring that we are preparing for the long-term health of the protocol.

The set up of a hard-capped total supply, carefully crafted emissions and additional deflationary mechanisms, will be another important piece of the puzzle to ensure long-term sustainability of KAYEN's tokenomics.

Protocol Earnings, initially coming mostly from the swap fees, will be partly redistributed to the xKAYEN users in the form of real yield, and used on buy back & burns in order to maintain a constant buying pressure on KAYEN.

V3 AMM

More details coming soon

Next-Generation Yield & Incentives

More details coming soon

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