The $KMK token is the core of Karma Ksana.
$KMK, Karma Ksana’s governance token, is not only the core of the community’s operations but also members’ primary income source! We will issue 50,000,000 $KMKs in total. Distribution details are as follows.
$KMK Token
With $KMK tokens, which represent the governance of DAO, you are able to :
- Earn the community's shared profit: The profits will be passed on to the holders through $KMK tokens, from the early staking system to the future bonus system.
- Determine the direction of the community: As long as you hold $KMK tokens, you have the right to determine the trajectory of the community, such as engaging in the election of community representatives, participating in development budget audits and expressing opinions in our development direction proposals.
- Upgrade NFT's functions/utilities: $KMK tokens play an essential role in upgrading some of our Karma Ksana's NFTs.
- Enjoy discounts on Karma Ksana's products: Use $KMK token to purchase the products and get special discounts.
- Rent NFTs and make transactions: $KMK tokens can be used as (transaction) fees in Karma Ksana's ecosystem
NFT Staking & Rental System
By staking NFTs, holders will get extra rewards such as $KMK token rewards, airdrops, revenues generated in our rental system, so on and so forth.
The NFT rental system is designed to loan NFTs based on liquidity pool.
The rental platform will set the rental price by {Number of needs, Number of NFT functions, and Price of NFT}. After receiving the rental fee, it will be distributed equally to NFT holders who agreed to loan NFT functions. This also makes evaluating profit easier.
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