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.
Related Project:
Interlay
Interlay
Tokens: KINT
W3F Grants:
Status
Announced
Testing
Parathread
Auction
Kusama
August 8, 2022
July 12, 2023
~32 days remained
Auction 11: WINNER
Leasing: September 4, 2021 - August 8, 2022
Crowdloan ID:
2092-34
Funds Raised: 200 000 KSM ($5 015 998)
Leading Blocks:
100%
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
XCM Channels (6)
Screenshots (1)
Developer Activity
If you have a connection to this project, kindly Contact Us to keep the details current
Primary Token:
Price:
$0.507
Total Supply:
10 000 000
Circulating Supply:
1 689 412
Market Cap:
$857 077
Trading Vol 24:
$11 713
Inflation:
2%
Crowdloan Reward Pool:
1 000 000 (10% of Total Supply)
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.