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Kaspa

Liquid

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<a href="https://x.com/MEXCOceania" rel="noopener noreferrer nofollow">@MEXCOceania</a> has officially listed <a href="https://x.com/search?q=%24KSKD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KSKD</a>, the governance and utility token of the Kaskad lending protocol, marking a key liquidity milestone for the broader Kaspa ecosystem.
<h2 id="a-structured-launch-on-kaspa-s-layer-2">A Structured Launch on Kaspa's Layer 2</h2>
Kaskad is <cite>a lending protocol that lets users borrow and lend crypto on the Kaspa network without intermediaries.</cite> The protocol <cite>runs on Igra L2, Kaspa's Layer 2 network, with <a href="https://x.com/search?q=%24KSKD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KSKD</a> following the ERC-20 standard.</cite>
The rollout followed a tight, phased schedule. <cite>The KSKD mainnet opened to the public on May 24 at 12:00 UTC, with token deposits opening on MEXC the same day. The first Epoch began on May 25 at 12:00 UTC, when KSKD listing and trading also started on MEXC. Withdrawals are set to open on May 26.</cite>
<cite>The total supply of <a href="https://x.com/search?q=%24KSKD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KSKD</a> is 1 billion tokens.</cite> According to the project's published tokenomics, <cite>the fundraising model is designed to achieve decentralised capital formation, with 20% of the total supply, equivalent to 200 million <a href="https://x.com/search?q=%24KSKD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KSKD</a>, reserved for this purpose.</cite>
<h2 id="epoch-system-staking-and-on-chain-rewards">Epoch System, Staking, and On-Chain Rewards</h2>
Coinciding with the MEXC listing, Kaskad launched its first Epoch. <cite>An epoch represents a 30-day operating cycle on the protocol, roughly one active lending period.</cite> Users who stake <a href="https://x.com/search?q=%24KSKD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KSKD</a> can increase their voting power and earn rewards within this framework.
<cite>Kaskad runs on an epoch-based system in which all on-chain activity, including supplying, borrowing, and voting, is measured over time, making participation fully transparent and ensuring contributions are recognised fairly.</cite>
<cite>Each active participant's Voting Score is calculated per epoch and combines their TVL Score and Loyalty Score, the latter reflecting their share of the <a href="https://x.com/search?q=%24KSKD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KSKD</a> Liquid Staking Pool and total number of votes.</cite> On-chain data confirms that pending rewards are currently being distributed to eligible suppliers and borrowers, with price feeds being integrated to reflect real-time <a href="https://x.com/search?q=%24KSKD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KSKD</a> APY boosts.
The protocol's broader ambition is to bring structured DeFi lending to Kaspa. <cite>Kaskad positions itself as the first compliant and competitive lending and borrowing protocol on Kaspa, aiming to allow users to borrow without selling their <a href="https://x.com/search?q=%24KAS&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KAS</a> while creating value for <a href="https://x.com/search?q=%24KSKD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$KSKD</a> holders.</cite>
Sources: <a href="https://www.coingabbar.com/en/crypto-currency-news/kaskad-listing-date-kskd-mainnet-launch-mexc-news" rel="noopener noreferrer nofollow">Kaskad Listing Date and KSKD Mainnet Launch Details — CoinGabbar</a> <a href="https://www.kaskad.app/tokenomics" rel="noopener noreferrer nofollow">Kaskad Tokenomics — $KSKD Utility and Governance Token Explained</a> <a href="https://www.kaskad.app/protocol" rel="noopener noreferrer nofollow">Kaskad Protocol — Borrow Against Your Kaspa Without Selling It</a>

Kaskad Token Lists on MEXC as Kaspa Ecosystem Scales

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