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Darwinia Commitment Token

Darwinia Commitment Token (KTON)

$ 0.32
0.24 %
Main info
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Market cap
$16.46K
0.24 %
Volume (24h)
$66.84
0.24 %
Circulating supply
51,314 KTON
Total supply
51,480 KTON

Key data

updated $0
Market cap$16.46K
Volume 24h$66.84
Circulating supply51.31K

Darwinia Commitment Token (KTON) is a token of the Darwinia Network, a cross-chain ecosystem focused on connecting different blockchains. In simple terms, KTON is a commitment token: users who lock the network's native token RING for a fixed period receive KTON as a reward and proof of their long-term commitment. It circulates alongside RING and plays a supporting role in the network's staking and governance mechanics.

Frequently asked questions

What is KTON and how is it different from RING?

KTON is a commitment token that exists alongside RING, the native token of Darwinia Network. While RING is used for everyday network operations like transaction fees, KTON is issued as a reward to users who lock up their RING for a set period. In essence, KTON represents a long-term commitment to the network rather than a medium of exchange.

How does the Darwinia network and its consensus work?

Darwinia is built on Substrate and is designed as a cross-chain bridge hub, enabling assets and messages to move between different blockchains. The network uses a Nominated Proof-of-Stake (NPoS) model, where token holders nominate validators who secure the chain and produce blocks. This design keeps the network decentralized while rewarding active participants.

How is KTON issued?

KTON is not mined — it is minted when users voluntarily lock their RING tokens for a commitment period, typically ranging from one month to several years. The longer the lock period, the more KTON the user receives in return. Once the lock expires, the user gets their RING back, while the KTON they earned remains theirs.

How can you store and use KTON?

KTON can be stored in wallets that support Darwinia Network and Substrate-based chains, including browser extension wallets and hardware wallets compatible with the ecosystem. Within the network, KTON can be used in staking and governance processes, and holders can transfer or trade it like any other token. Always double-check addresses and network compatibility before making a transfer.