6. Tokenomics

The KRL token remains at the heart of the Kryll³ ecosystem, embodying the project’s commitment to innovation, community engagement, and governance. Through strategic initiatives and the continued development of its tokenomics, Kryll³ aims to strengthen the role of KRL within the digital asset landscape, ensuring it continues to provide value and utility to its holders and the broader community. As Kryll³ evolves, the KRL token is poised to play an instrumental role in shaping the future of decentralized finance and the cryptocurrency market at large.


6.1 KRL Token

The Kryll³ ecosystem is underpinned by the KRL token, a token of distinction since its inception in 2018. KRL has established its presence across major centralized exchanges (CEX) such as Coinbase, KuCoin, LATOKEN, Gate.io, Bybit, and Crypto.com, as well as decentralized exchanges (DEX) including Uniswap v2 and v3. As we embark on this new chapter with Kryll³, the token’s foundational attributes, including the total and max supply, will remain unchanged, preserving its value and integrity within the ecosystem.

Token details


6.2 Role of KRL Token

The KRL token serves as the cornerstone of the Kryll³ ecosystem, offering users access to a range of functionalities within the newly developed products. It acts as a key to unlock advanced features and generates credits for the use of the conversational agent, enhancing the platform’s utility and user experience.


6.3 Governance and Community Engagement

Governance represents a core utility of the KRL token, empowering holders with the ability to participate in community votes. These votes will determine the direction of future feature developments and allocate funds for marketing operations or liquidity deployment, ensuring the community’s voice is heard and valued in the strategic decision-making process.


6.4 Community and Ecosystem Role

Beyond its functional and governance capabilities, the KRL token fosters a sense of community and belonging. It serves as a medium of exchange within the ecosystem, facilitating transactions and interactions among users, thereby enhancing the communal experience and engagement.


6.5 Multi-Chain Research and Development

In anticipation of the evolving landscape of blockchain technology and the increasing demand for cross-chain interoperability, a dedicated research project has been initiated to transition the KRL token to a multi-chain framework. This project involves collaboration with Coinbase’s BASE chain and Arbitrum, aiming to broaden the token’s accessibility and utility across diverse blockchain ecosystems. In 2024, liquidity pools for the KRL token will be deployed on these chains, signifying a significant step towards achieving seamless multi-chain functionality and enhancing the token’s liquidity and market presence.