KMT

KalyChain price
KMT
#6270

$0.001297  

0% (24h)

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KalyChain statistics

Market cap
$46.71K

0%

Volume (24h)
$0

0%

Vol/Mkt Cap (24h)
0%
FDV
$4.63M
Total supply
3.57B KMT
Max. supply
Self-reported circulating supply
36M KMT
KMT to USD converter
KMT
USD
Price performance
24h 
Low
$0.0008598
High
$0.001298
All-time high
Jun 09, 2022 (4y ago)
$0.5844
-99.78%
All-time low
Aug 17, 2022 (4y ago)
 
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Self-Reported Tags
DAOPoS+Layer 1Show all

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About KalyChain

What is KalyChain?

KalyChain is a sovereign public Layer 1 blockchain, designed specifically as a trust infrastructure for emerging markets. It is built on Hyperledger Besu the enterprise Ethereum client maintained by the Hyperledger Foundation under the Linux Foundation and operates on a Proof of Staked Authority (PoSA) consensus mechanism, delivering deterministic finality in ~4 seconds, over 500 TPS, and fees below $0.01. KalyChain thus provides governments, financial institutions, and citizens with a cryptographic foundation to store, verify, and transfer value without a centralized intermediary.

Following the KIP-004 proposal adopted by the DAO, the network's native token is now KMT (KalyChain Monetary Token), converted from the former KLC at a universal ratio of 110 KLC = 1 KMT, applied without exception to all holders. This conversion is value-neutral: it merely redenominates the unit of account each holder's relative share of the network remains strictly identical. KMT powers all network operations: gas fees, staking via Vault NFTs (which receive 100% of block emissions), protocol-owned liquidity (POL 80/20), and on-chain governance via the soulbound gKMT token.

At the core of its monetary policy lies the Dynamic Emission Reduction (DER) mechanism, adopted by the DAO via KIP-001 an autonomous economic thermostat. The network currently mints 0.03 KMT per block (~473,000 KMT per year), and this emission automatically decreases as KMT appreciates in value: the more the token rises, the lower the block rewards become. The target is a long-term inflation rate below 0.4%, comparable to the annual issuance of sovereign bonds in developed economies.

The operational ecosystem includes KalySwap (native DEX), KalyBridge (cross-chain bridge, currently connected to BNB Chain (BSC) and Polygon), KUSD (an over-collateralized stablecoin at 150% in BTC/ETH), and KalyRails (institutional payment rails), complemented by KalyVery (document verification), KalyCredit (reputation-based microlending), and KalyID (sovereign identity) all under active development.

KalyChain's mission is to become the global standard for trust infrastructure serving the 1.4 billion unbanked people worldwide, by addressing the $5+ trillion trust infrastructure deficit identified by the IFC in emerging markets.

Who Are the Founders of KalyChain??

KalyChain was founded by Abdoulaye Ramessou Imana Touré, the principal protocol initiator, alongside Innocent Hien and Nicolas Hernandez. Together, they laid the technical foundations and vision of the network before transferring governance to the community via the DAO (gKMT).

The project arose from a simple observation: the root cause of financial exclusion is not a lack of technology, but a lack of trust infrastructure digitizing a poorly governed system does not fix its governance.

The choice of Hyperledger Besu as the technical foundation reflects this institutional vision: an Ethereum client maintained by the Linux Foundation, with contributors such as IBM, SAP, Accenture, and Oracle, providing the credibility required by governments and multilateral organizations.

Today, KalyChain is a public protocol governed by its gKMT holders. All protocol wallets are publicly labeled and verifiable in real time on KalyScan, ensuring full transparency for the community.

What makes KalyChain unique?

Trust infrastructure not just DeFi. While most L1 networks compete on raw speed or DeFi yields, KalyChain targets the $5+ trillion trust infrastructure deficit identified by the IFC in emerging markets. Document verification (diplomas, land titles, birth certificates), sovereign identity, and reputation-based microlending are at the core of the value proposition.

Protocol-Owned Liquidity (POL 80/20). When a Vault NFT is acquired, 80% of the capital is permanently locked into KalySwap liquidity pools (50% KMT + 50% stablecoin), while 20% funds the ecosystem. This creates monotonically growing liquidity protocol-owned liquidity can only increase, never decrease. A distinctive model within the industry.

Dynamic Emission Reduction (DER / KIP-001). An autonomous mechanism that adjusts block emissions based on KMT appreciation the more the token rises in value, the lower the block rewards, targeting a long-term inflation rate below 0.4%. Monetary discipline thus strengthens naturally with network success. Enterprise-grade foundation (Hyperledger Besu). Unlike L1s built on proprietary forks, KalyChain runs on an Ethereum client maintained by the Linux Foundation, offering verifiable code provenance and immediate institutional credibility. Vault NFT (ERC-721). POL is executed via tradeable, transferable NFTs, usable as collateral in DeFi. 100% of block emissions are distributed exclusively to Vault holders.

Fixed and disciplined supply. A strict cap of 36,000,000 KMT is locked in the governance smart contract and can only be modified by a KIP-Constitutional vote no discretionary issuance.

Dynamic Emission Reduction (DER) DER is an autonomous mechanism that adjusts the per-block reward based on KMT appreciation: the higher the token's value rises, the lower the per-block emission. Emission starts at 0.03 KMT per block and progressively decreases, with a long-term inflation target below 0.4%.

This mechanism creates a virtuous dynamic: the network's economic success directly translates into increased monetary discipline. At maturity, KalyChain's inflation becomes comparable to that of sovereign bonds in developed economies, making KMT a controlled-emission infrastructure asset.

What Is the Vault NFT System?

The Vault NFT is KalyChain's technical and liquidity partnership mechanism. Each participation is represented by a tradeable, transferable ERC-721 NFT that materializes a partner's commitment to the network's infrastructure. This is not a passive placement: it is an active contribution to KalyChain's security and liquidity. In return, Vault holders receive usage rights and protocol rewards (block emissions, trading fees linked to POL liquidity on KalySwap), as well as gKMT governance rights.

The program is open to different partner profiles based on the level of contribution to the infrastructure: • Starter ($50): discovery tier. • Basic ($100): general public. • Pro 1K ($1,000): active partners. • Pro 5K ($5,000): entrepreneurs. • Premium 10K ($10,000): institutions. • Premium 25K ($25,000): major partners. • Elite 50K ($50,000): family offices. • Whale 100K ($100,000): institutional partners.

Under KIP-004, all Vault holders are treated at the same universal ratio of 110 KLC = 1 KMT no differentiated treatment based on tier or holding method. Regulatory Note: The Vault NFT program is a technical and liquidity partnership, and not an investment product within the meaning of MiCA or AMF/ESMA definitions. Participants contribute to the network's infrastructure and receive in return usage rights and protocol rewards tied to their participation in network security and liquidity.

How is the KalyChain Network secured?

KalyChain uses Proof of Staked Authority (PoSA) consensus, combining the economic security of Proof-of-Stake with the efficiency of an authority model. Validators stake KMT as a guarantee of good behavior and are subject to automatic slashing in the event of malicious conduct. The network targets 21 validators the optimal PoSA balance between decentralization and performance. Block time is 2 seconds, with finality in ~4 seconds (2 blocks) after two blocks, a transaction is irreversible, with no risk of chain reorganization. For an infrastructure designed to record land titles, identities, and financial claims, this finality certainty is a non-negotiable requirement.

As KalyChain is built on Hyperledger Besu, its codebase benefits from verifiable provenance and enterprise-grade maintenance a security posture radically different from custom proprietary forks.

Technology At the core of KalyChain is Hyperledger Besu, the enterprise Ethereum client maintained by the Hyperledger Foundation under the Linux Foundation. Unlike a custom fork, Besu is enterprise-grade software with verifiable code provenance, with contributors including IBM, SAP, Accenture, and Oracle. Full EVM compatibility means that any Ethereum smart contract runs natively on KalyChain without modification. Developers have access to the entire Ethereum tooling ecosystem: Solidity, Hardhat, Remix, MetaMask, The Graph, and thousands of libraries. MetaMask can be configured in one click (Chain ID 3890). • Mainnet RPC: https://mainrpc.kalychain.io/rpc (Chain ID 3890) • Testnet RPC: Chain ID 3891 • Explorer: KalyScan

Where to buy KMT?

KMT is traded natively on KalySwap, KalyChain's native AMM-based DEX and the primary liquidity venue for KMT and KUSD, supported by the protocol's permanent POL 80/20 liquidity. Users can acquire KMT directly on KalySwap from assets transferred via KalyBridge (currently connected to BNB Chain and Polygon). Listings on third-party exchanges are pursued as part of the network's post-KIP-004 market development roadmap, governed by the DAO: they are activated only once the liquidity depth and active-address thresholds defined by the community's on-chain listing strategy approved by gKMT holders are reached, a progressive, governance-driven approach designed to ensure healthy market conditions.

Always verify the official KMT contract address on KalyScan before any transaction.

 
 
 
 
 
 

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