UKISS

KISS TOKEN UTILITY

Defi Mutual Insurance

• Users can pay KISS Tokens to buy protections against crypto assets losses.
• Payment of insurance premiums to be made in KISS Tokens.
• UKISS is working with 3rd party insurance organisations to provide these Defi mutual insurance schemes that are funded using KISS Tokens from end-users and institutions.

Yield Farming

KISS LP yield farming will be offered to KISS holders who will provide liquidity for KISS tokens and share in the yield.

Governance Tokens

The KISS Token is also a governance token. Hodlers have a chance to partake in decisions concerning the ecosystem by voting with their KISS Token. They can even potentially receive rewards for participation.

Staking Pool Reward

30% of the KISS Tokens acquired from users through subscription and application payments will go to the vendors and application providers as revenue. 10% will go towards covering the costs of operations of the UKISS Application Platform ¡UKAP¥. The remaining 60% will be placed in a Yield Reserve Pool ¡YRP¥ as yield payment for user staking. Out of the YRP, a part will be given to affiliates and referral users. The User Staking Pool ¡USP¥ is a pool that holds all users’ staking and will offer a maximum 12% APY. This APY will be provided by the YRP. In the first year, UKISS expects a total market circulating supply of about 26 million KISS and targets a 70% staking ratio. As such, UKISS will inject an initial 2,184,000 KISS into the YRP from the reserve fund, thereby creating an expected USP pool size of 18.2 million KISS tokens.