🌶️$KAYEN & $xKAYEN
How can I obtain KAYEN?
KAYEN can purchased during the Public Launch & Genesis. After the Public Launch, KAYEN can be purchased through the KayenSwap or earned through farming.
What is the process for obtaining xKAYEN?
KAYEN can be converted to xKAYEN at a 1:1 ratio.
xKAYEN can be earned from incentivized active farms.
What is the value of xKAYEN?
xKAYEN is illiquid, and its value is directly proportionate to the KAYEN value.
1 xKAYEN = 1 KAYEN
Does KAYEN have a capped supply?
Yes, KAYEN total supply will be in the circulation by 2027. Deflationary Mechanics have also been implemented to continuously reduce the total supply
Does xKAYEN have a capped supply?
xKAYEN is an essentially wrapped KAYEN and does not have its own maximum supply. The number of xKAYEN in circulation is equal to the number of KAYEN
Can I swap xKAYEN for any other token?
xKAYEN is not transferable. You can only redeem it to KAYEN.
How long does it take for xKAYEN to redeem (vest)?
The minimum vesting duration is 15 days (50% KAYEN output), and the maximum duration is 180 days (100% KAYEN output). As your xKAYEN vests, 50% of the amount is automatically staked in rewards, earning you rewards during the vesting period
How are rewards distributed?
A portion of the transaction fees is distributed as rewards every week. Rewards are distributed continuously meaning that you can harvest pending rewards at any point.
Does the rewards epoch (cycle) always consist of 7 days?
Yes, the epoch always lasts for 7 days
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