Token Paper
1. Overview
$KAD is the native token of Kadim. It is used for every gas fee on the platform, and it is the asset in which staking rewards are paid. The token is designed to capture value from platform activity and return it to long-term participants.
2. Utility
- Gas — all transaction fees on Kadim are paid in $KAD.
- Staking — stake $KAD to earn a proportional share of 20% of platform fees.
- Governance — vote on market listings and protocol parameters.
3. Fee flow
Every trade on Kadim generates a fee equal to 0.1% of volume. Fees are split as follows:
- 80% Buyback & Burn — $KAD is purchased on the open market and burned, permanently removing it from supply.
- 20% Staker Rewards — distributed to stakers proportionally to their stake.
4. Buyback & burn
The 80% buyback is executed programmatically. On a fixed cadence, accumulated fees are swapped for $KAD on the open market and the purchased tokens are sent to a burn address. This creates continuous, usage-linked deflationary pressure on the token supply.
5. Staker rewards
The remaining 20% of fees is added to a rewards pool. Stakers claim from this pool at any time. A staker's claim is proportional to their share of total staked $KAD:
reward = (your stake ÷ total staked) × 20% of fees
Rewards accrue continuously and are not subject to lockups beyond the staking position itself.
6. Distribution
Initial distribution of the $KAD supply is allocated as follows (subject to final governance):
- 40% — Ecosystem & market incentives
- 20% — Team (4-year vest, 1-year cliff)
- 15% — Early backers
- 15% — Treasury
- 10% — Public distribution
7. Contract addresses
To be published at mainnet launch.
8. Risks
$KAD is a utility token. Its value may be volatile. Nothing in this document constitutes an offer to sell securities or financial advice. Users are responsible for complying with local laws.