Tokens & Contracts
The KNOWLEDGE Protocol issues innovative, decentralized semi-stable tokens and contains subprotocols to support them. The KNOWLEDGE Protocol currently issues 2 tokens: KNOWLEDGE and KNOWLEDGE Balancer (KNB).
The KNOWLEDGE Protocol also has subprotocols within it that integrate its tokens: KNOWLEDGE Mint and KNOWLEDGE Improvement Proposals (KIPs).
Core concepts to understand the unified KNOWLEDGE ecosystem include:
KNOWLEDGE, Semi-Stable Token – The protocol releases KNOWLEDGE tokens, an asset partially pegged to the EURO. The protocol is structured to have a continuously rising value of KNOWLEDGE token, affected by factors such as the protocol's performance, the expanding usability and functionality of the token, the growth in market capitalization, the stability of the token's price, the token burning rate, and other relevant metrics.
KNOWLEDGE BALANCER as base layer governance token – The KNOWLEDGE Balancer (KNB) serves as the governance token for the entire KNOWLEDGE ecosystem of smart contracts. It oversees maximum price fluctuations, KNOWLEDGE Improvement Proposals (KIPs), organizational whitelisting, and the surplus collateral value.
KNOWLEDGE Improvement Proposals (KIPs) – KIPs allows the community to propose upgrades to the current KNOWLEDGE protocol. This ensures the collaborative growth of public KNOWLEDGE network.
Rewards System – Certain activities such as balancing the price of KNOWLEDGE, providing Surplus, etc. can lead to earning rewards. The community can also propose new rewards for strategies that integrate KNOWLEDGE protocol. All currently active rewards are listed here.
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