$KASU Token Locking Mechanics

$KASU Token Lockers receive a temporary amount of non-redeemable and non-transferrable rKASU, regardless of whether they are also Lenders. However, utility and rewards are only experienced by Token Lockers who are also Lenders that achieve minimum Loyalty Levels. The amount (and synthetic value) and period of locked $KASU tokens determines a multiplier associated with the amount of rKASU that a Token Locker will receive as follows:

Given that the synthetic value of rKASU is pegged to the $KASU token price, any fluctuations in the $KASU price naturally affect the synthetic value of rKASU.

An example is given by a Token Locker who locks 100 $KASU for 30 days. The associated multiplier is 0.05x. The Token Locker will therefore receive 5 rKASU. Similarly, a Token Locker who locks 100 $KASU for 720 days will receive 100 rKASU. The utility and rewards associated with locking $KASU to accumulate rKASU are detailed in the following sections.