Kintsugi
DeFi
Bridge
Kintsugi is interBTC’s canary network, developed by Interlay under the supervision of Kintsugi Labs, a non-profit oriented organization responsible for Kintsugi’s launch and the support of the decentralized network and ecosystem.
Kintsugi’s kBTC brings radically open Bitcoin to Kusama to kickstart liquidity for parachains like Karura, Shiden and Moonriver. kBTC is a 1:1 Bitcoin-backed asset on Kusama, maintained by a decentralized network of collateralized Vaults. Users must only ever trust that Bitcoin and the DeFi platform they use are secure.
Kintsugi’s kBTC brings radically open Bitcoin to Kusama to kickstart liquidity for parachains like Karura, Shiden and Moonriver. kBTC is a 1:1 Bitcoin-backed asset on Kusama, maintained by a decentralized network of collateralized Vaults. Users must only ever trust that Bitcoin and the DeFi platform they use are secure.
Relative Project:
Interlay
Interlay
Tokens: KINT
W3F Grants:
- Polkadot/BTC bridge specification (RFP) — Completed
- Trustless BTC-Polkadot Bridge — First delivery
Status
Announced
Testing
Auction
Kusama
Has mainnet
Auction 11: WINNER
Slot #12: leasing
October 13, 2021 - August 6, 2022
Parathread ID:
2092
Funds Raised: 200 000 KSM ($8 323 997)
Parathread ID:
2092
Project Auction Info:
auction details
Reward:
1 KSM :
3.75+
KINT
Crowdloan Cap: 200 000 KSM
Reward Pool: 1m of 10m (10%)
- 30% of the rewards will be unblocked immediately
- 70% will be released linearly within 48 weeks
- 5% reward on referrals
Screenshots (1)
Developer Activity
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Primary Token:
Price:
$1.36
Total Supply:
10 000 000
Circulating Supply:
1 006 109
Market Cap:
$1 365 571
Trading Vol 24:
$57 748
Inflation:
2%
KINT Distribution
News
Kintsugi has officially won the 11th slot auction in the Kusama parachain auctions!
Kintsugi's kBTC brings radically open Bitcoin to Kusama to kickstart liquidity for parachains like Karura, Shiden and Moonriver. Kintsugi is interBTC's canary network, an experiment with real economic value deployed on Kusama. Kintsugi and interBTC share the same code base - with the difference that Kintsugi focusses strictly on innovation and will always be ahead in terms of features.