Kinesis Velocity TokenPrice

(KVT)

The Kinesis Velocity Token (KVT) is a utility token that provides holders with a proportional 20% share of all aggregated transaction fees generated across the entire Kinesis Monetary System. This share is distributed monthly, paid in physically-backed digital gold (KAU) and silver (KAG) currencies. KVT acts as a participation mechanism in the growth and success of the Kinesis ecosystem.

KVT is distinguished by its finite supply of 300,000 tokens, which cannot be increased, making it a scarce digital asset. Its primary allure is the revenue-generating opportunity it offers, directly linked to the Kinesis ecosystem's growth and transaction volume. Holders receive a yield paid out in physical gold and silver, providing a unique blend of digital asset utility and tangible commodity exposure. This scarcity combined with real-world yield in precious metals sets it apart.

KVT holders receive a proportional share from 20% of all transaction fees generated throughout the Kinesis Monetary System. This yield is distributed monthly in KAU (digital gold) and KAG (digital silver). The amount received is directly based on the exact quantity of KVT held. There is no minimum holding duration required to qualify for the monthly payout, allowing for flexible participation.

No, the KVT token itself is not directly backed by a physical asset. Instead, KVT provides its holders with a share in the revenue generated by the Kinesis digital currencies, which are physically backed by allocated gold and silver. This means KVT's value is tied to the performance and transaction volume of the underlying physically-backed monetary system, rather than being a direct claim on physical metal.

Initially, KVT was an ERC20 token on the Ethereum network. However, it has been migrated to the Stellar network. This move was made to enhance transaction speed, reduce fees, and improve divisibility. KVT can be stored in any Stellar-compatible external wallets. For those who held KVT in their Kinesis account or an associated external wallet, the migration to the Stellar network was handled automatically.

Kinesis offers KVT alongside its digital currency yields because they tap into different allocations of the transaction fees generated within the Kinesis Monetary System. While Kinesis currencies provide yields to their holders, KVT grants a share of a separate 20% fee pool. This allows for diversified participation. To potentially maximize overall yield opportunities, Kinesis suggests engaging with both KVT and the Kinesis currency offerings.