Kup Kintsu Staked Monad (SMON) w Malaysia

Kintsu is a liquid staking protocol designed for the Monad blockchain ecosystem. Its primary goal is to address the capital inefficiency often associated with traditional staking, where assets are locked and cannot be used for other purposes. By providing a liquid staking solution, Kintsu allows users to secure the network while maintaining the ability to participate in the broader decentralized finance landscape. The core asset of the protocol is Kintsu Staked Monad, commonly referred to by its ticker sMON. When users deposit the native MON tokens into the Kintsu protocol, they receive sMON in return. This token acts as a liquid receipt representing the user's staked position. Unlike standard staking, where tokens are immobile, sMON can be traded, used as collateral in lending platforms, or integrated into gaming and other on-chain applications. A key feature of sMON is its yield-bearing nature. Rather than the number of tokens in a user's wallet increasing, the value of sMON grows relative to the original MON tokens. This happens because the staking rewards generated by the network validators, including those from consensus and maximum extractable value, are automatically added back into the staking pool. Consequently, the exchange ratio between sMON and MON shifts over time, ensuring that holders capture the rewards of staking without needing to manually claim them. Kintsu operates with a focus on decentralization and community involvement. The protocol utilizes a decentralized validator registry where the selection and delegation of validators are governed by a decentralized autonomous organization. This DAO-driven approach aims to foster a transparent and competitive environment among validators, who must maintain high performance standards to receive delegations. Beyond its technical functions, Kintsu is a foundational layer for the Monad ecosystem. It has introduced incentive structures like a points program to reward early participants and encourage long-term engagement. These points are intended to play a role in the future distribution of the project's governance token, KSU. By making staked assets productive and composable, Kintsu seeks to increase liquidity across the network and support the growth of various decentralized applications from day one of the mainnet launch. Dowiedz się więcej