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King Protocol

KINGCopy token address/WETH

Price USD
$365.15
Price
0.1168 WETH
Liquidity
$14K
FDV
$91K
Mkt Cap
$3.8M
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Txns15
Volume$252
Makers
11
Buys5
Sells10
Buy Vol$154
Sell Vol$98
Buyers4
Sellers7
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Pair created8mo 8d ago
Pooled KING19.87$7.2K
Pooled WETH2.32$7.2K
Pair
EXP
KING
HLDEXP
WETH
HLDEXP
Go+ Security
1 issue
Quick Intel
1 issue
Token Sniffer
0/100
Honeypot.is
1 issue
Warning! Audits may not be 100% accurate! More.
KING
King Protocol

Restaking protocols can distribute rewards in any ERC-20 token. However, users typically receive fractional amounts of these rewards, making them inconvenient to claim or trade. This situation can lead to a frustrating user experience, with poor returns for restakers, low token utilization, and increased selling pressure on reward tokens. King Protocol (formerly known as LRT²) offers a solution through a unified restaking reward. KING represents a share of a vault full of restaking rewards. LRTs deposit restaking rewards into the vault and then mint and distribute KING to their restakers. This streamlined system significantly reduces transaction costs and improves the efficiency of restaking reward distribution. It is particularly beneficial for small stakers, who might otherwise find managing and trading fractional rewards challenging. For larger stakeholders, the ability to redeem or arbitrage the vault share tokens creates an active market, helping to stabilize the King token price and drive liquidity.