KRNX TOKEN
The native asset of the Kronex economy.
What KRNX is for, stated as protocol utility. This page carries no price, no supply figure and no chart.
01 · WHAT IT IS
What it is
KRNX is the native network asset. It connects the blockchain economy with the infrastructure markets operating above it, which is why its roles run from ordinary transaction fees at the base to collateral and governance in the layer that is still being built.
02 · WHAT IT IS FOR
What it is for
Nine roles in three groups — paying for use, securing performance, directing the protocol. One of the nine is live.
Paying for use
- network transaction feestestnet
- Ordinary EVM gas, paid in KRNX on the testnet today.
- protocol feesplanned
- Fees the protocol itself charges for marketplace operations.
- marketplace settlementplanned
- Settling an order against delivered work.
Securing performance
- provider collateralplanned
- Capital a provider puts at stake against its own delivery.
- service bondsplanned
- A bond held against a specific service commitment.
- escrow collateralplanned
- What an escrow provider stakes to secure other parties' transactions.
- provider registrationplanned
- Registering as a provider class in the marketplace.
Directing the protocol
- governance participationplanned
- Taking part in how the protocol evolves.
- incentivesplanned
- Rewarding the behaviour the network needs as it grows.
The nine are the source's own list. The three groups are ours, and they answer what each role is doing rather than which phase delivers it.
03 · WHAT ALREADY WORKS
What already works
The asset has a working issuance model. That is a different claim from having working utility.
- block rewards
- recipient distribution
- coin locking
Block rewards, recipient distribution and coin locking are implemented on the testnet and documented. Miners earn KRNX for producing blocks, rewards are distributed to their recipients by the rules in the node software, and locked coins are held under the same consensus everything else runs under.
These are the only token mechanics that exist today. They describe how KRNX comes into existence and how it is held, not what it can be spent on — that is the marketplace layer, and it is not built.
04 · SUPPLY
Supply
- Total supply
- — TBD
- Distribution
- — TBD
- Emission schedule
- — TBD
Specification pendingTo be published with the token economics paper.
Total supply and distribution are not finalised. They will be published with the token economics, and no figure appears here before then — not a number, not a range, not an approximation.
One technical note, because it will otherwise be asked: the explorer's stats endpoint carries no supply field, so there is nothing to read even for the testnet. And testnet supply would not be circulating supply in any case — the two are different quantities on different networks.
05 · THE STANDARD IT SETS
The standard it sets
Final token economics and utility should reflect real network usage rather than artificial demand mechanisms.
06 · NOT AN INVESTMENT
Not an investment
KRNX is described on this page by protocol utility only. Nothing here is an offer or a solicitation to buy or sell any asset, and nothing here is investment, financial, legal or tax advice.
Kronex runs on a public testnet. Mainnet has not launched, the marketplace layer is not built, and the token economics are not finalised. There is no token sale, no presale, no allocation and no listing.
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