Reflects the role of the $KAITO token as the single common medium of exchange in the Kaito ecosystem, such as Connect payouts and fees.
[1] = ƒ(KAITO_volume_throughput)
KAITO_volume_throughput — the amount of $KAITO used for service and fee payments within the $KAITO ecosystem in a given characteristic timeframeReflects the necessity of staking $KAITO in order to enable its usage in the Yapper Launchpad governance and yield accrual. The minimal immobilisation period of $KAITO is seven days (unstaking of sKAITO is immediately available, but incurs a weekly cooldown period before withdrawal is made possible). Exposes the token to a risk of runaway depreciation upon staking.
[71] = ƒ(staking_period, amount_staked, price_at_staking)
staking_period — the duration of the lock-up periodamount_staked — the amount of tokens locked up by the userprice_at_staking — the price of the locked token position at the moment of locking; defines the locked value together with the lockedReflects the benefits derived from exercising control over the outcome of the launchpad rounds.
[3] = ƒ([72], user_vote_allocations, user_strategy_representation)
user_vote_allocations — the representation of allocations of sKAITO by the user in the voting roundsuser_strategy_representation — the representation of the user's governance outcome preferencesReflects the yield accrued on staked $KAITO due to Liquidity Incentive allocations. 5% of the total supply of $KAITO is allocated for liquidity incentives; the unlock schedule is linear. Details on the allocation of incentives are presently unavailable.
[21] = ƒ(user_stake, staking_APR)
user_stake — amount of tokens staked by the userstaking_APR — percentile return on staked valueRepresents the action of voting on the Yapper Launchpad. Qualified as Risk Exposure because voting locks the sKAITO allocated for another week, engendering further volatility risks.
[72] = ƒ(staking_period, amount_staked, price_at_staking)
staking_period — the length of the voting immobilisation period (7 days at the time of writing)amount_staked — the amount of tokens locked up by the userprice_at_staking — the price of the locked token position at the moment of locking; defines the locked value together with the lockedKAITO has implemented a buyback program in order to make supply deflationary; this engenders natural appreciation of extant $KAITO tokens due to deflation. It should be observed and noted, however, that the tokens are not burned, but are rather retained at the time of writing.
[22] = ƒ(buyback_volume, avg_price)
buyback_volume — amount of tokens removed from circulation in a given timeframeavg_price — token price averaged over that timeframe