King Protocol

Search projects' onchain activity and off-chain performance

King Protocol

0X8F08B70456EB22F6109F57B8FAFE862ED28E6040
Categories:
RestakingDeFi

$240.20

Latest Price

—

Year founded

—

Total daily revenue

—

Total revenue in last 30 days

—

TVL

Should I buy 0X8F08B70456EB22F6109F57B8FAFE862ED28E6040?

King Protocol, (formerly LRT²) is a unified restaking rewards protocol acting as a vault that holds the rewards tokens as underlying assets. Through King Protocol, LRT projects can pool restaking network protocol rewards into a single vault and issue vault share tokens to their stakers (or distributor contract). This system cuts transaction costs and streamlines the rewards process, great for those with smaller stakes who might find it easier to manage and trade their shares collectively. Larger stakeholders can redeem and possibly arbitrage, which will drive the market price of LRT2 token.