Kaia
KAIA
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6.9K
6.41K
14.99K
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108
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Kaia Intro
Kaia is a Layer 1 public blockchain originating from Asia, formed through the merger of Klaytn and Finschia. Klaytn, launched by South Korea’s internet giant Kakao, focuses on providing efficient and user-friendly blockchain solutions for enterprises. Finschia, the successor of Line Blockchain, was initially developed by Japan's social media platform Line and specializes in providing stable and high-performance blockchain solutions for the financial sector, particularly in payments and digital assets.
Kaia combines the enterprise-grade capabilities of Klaytn and the financial technology expertise of Finschia to offer a high-performance, cost-effective blockchain infrastructure for the Asian market. With the ability to process 4,000 transactions per second, Kaia ensures fast transaction confirmations and instant finality while reducing gas fees to 1/10 of Ethereum’s, significantly lowering operational costs for both users and developers.
Kaia is EVM-compatible, enabling developers to easily migrate Ethereum-based smart contracts to the platform, further lowering the adoption barrier. Through the merger of Klaytn and Finschia, Kaia strengthens its presence in the Asian market and aims to promote widespread blockchain adoption across various industries.
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Q&A about Kaia Tokenomics
Explore the tokenomics of Kaia (KAIA) and review the project details below.
What is the allocation & supply schedule for Kaia (KAIA) ?
Total Block Reward:
9.6 KAIA minted per block, amounting to approximately 300 million KAIA annually, equating to a 5.2% annual inflation rate. This inflation rate can be adjusted through the Kaia Governance Process.
Distribution of Block Reward:
- Validators and Community (50% of block reward):
- Block proposer rewards: 20% of this portion (10% of total reward).
- Staking rewards: 80% of this portion (40% of total reward).
- Kaia Ecosystem Fund (KEF): 25% of block reward.
- Kaia Infrastructure Fund (KIF): 25% of block reward.
Governance:
The Kaia Governance Council (composed of Core Cell Operators) manages key decisions and holds a significant role in maintaining the ecosystem. Council members must stake a minimum of 5 million KAIA to participate in the governance process.
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