> For the complete documentation index, see [llms.txt](https://docs.kryptox.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kryptox.finance/usdkfc-utility.md).

# $KFC Utility

**$KFC (KryptoX Finance Coin)** is the native governance token of the KryptoX platform, based on the ERC-20 standard. It is designed to reward ecosystem contributors, support decentralized governance, and serve as the core link between protocol revenue and users.

* **Token symbol:** $KFC
* **Token contract:** \[TBD]
* **Total supply:** 1,000,000,000

***

### Distribution

$KFC is distributed to balance early supporters, long-term contributors, and sustainable ecosystem growth.

<table><thead><tr><th width="185.48828125">Allocation category</th><th width="132.5">Share</th><th>Details</th></tr></thead><tbody><tr><td><strong>Early users</strong></td><td>30%</td><td>25% for genesis token distribution and 5% for the TGE presale season.</td></tr><tr><td><strong>Liquidity</strong></td><td>5%</td><td>Used to support secondary market depth.</td></tr><tr><td><strong>Ecosystem and community</strong></td><td>5%</td><td>Used to incentivize community activity, content creation, and partnerships.</td></tr><tr><td><strong>Foundation</strong></td><td>5%</td><td>Used for long-term protocol development and strategic cooperation.</td></tr><tr><td><strong>Future reserve</strong></td><td>30%</td><td>Reserved for future protocol expansion and long-term incentives.</td></tr><tr><td><strong>Core contributors</strong></td><td>25%</td><td>Allocated to the development team and early core members.</td></tr></tbody></table>

***

### Vesting

The vesting schedule is phased to support long-term market stability:

* **Immediate unlock:**
  * **Genesis token distribution:** 100% unlocked at TGE.
  * **TGE presale allocation:** 100% unlocked 24 hours after TGE ends.
* **Long-term vesting:**
  * **Ecosystem, community, and foundation:** Locked for 12 months, then linearly unlocked over 24 months.
  * **Future reserve:** Locked for 18 months, then linearly unlocked over 24 months.
  * **Core contributors:** Locked for 24 months, then linearly unlocked over 24 months.

***

### Utility

#### Utility 1: Hold to receive 100% of protocol revenue

KryptoX redefines revenue sharing. **All trading fees and other protocol revenue, settled in USDC, are distributed 100% to $KFC holders.**

* **No staking required:** Unlike traditional protocols, you only need to hold $KFC in your wallet to accrue rewards.
* **Automatic and manual settlement:**
  * When you transfer tokens, accrued rewards are automatically airdropped to your wallet.
  * You can also claim rewards manually at any time through the **Claim** button on KryptoX.
* For the detailed calculation method, see [Reward for $KFC holder](https://docs.kryptox.finance/earn/reward-for-usdkfc-holder).

#### Utility 2: Decentralized governance

$KFC holders have the highest level of decision-making power in the platform.

* Through a **delegated voting system**, holders can decide protocol parameters, feature upgrades, and treasury allocations.
* Decisions are enforced directly onchain, replacing traditional multisig approval flows with credible neutrality.

#### Utility 3: Regular buyback program

To support long-term token health, the team will use its share of protocol net revenue to regularly buy back $KFC on the secondary market.

* **Execution method:** Buybacks may use strategies such as weekly TWAP execution.
* **Use of repurchased tokens:** Repurchased tokens may fund ecosystem development or be handled according to governance proposals.

#### Utility 4: Platform privileges

*Coming soon*

Holding $KFC will unlock additional benefits across the KryptoX ecosystem, including:

* **Tiered fee discounts:** Larger holdings unlock lower trading costs.
* **VIP rebates:** Advanced holders can receive trading rebates.
* **Priority access:** Early access to beta products and new asset listings.

***

### FAQ

#### Q1: Why does $KFC not require staking to earn rewards?

**A:** This lowers the barrier to participation and improves capital efficiency. Smart contract accounting tracks holder addresses onchain in real time. As long as your NFT account or EOA wallet holds $KFC, rewards start to accrue.

#### Q2: Are buybacks public and transparent?

**A:** Yes. All buybacks happen onchain. The buyback addresses and execution logic are fully visible on blockchain explorers and can be audited by anyone.

#### Q3: If I transfer my $KFC, do my unclaimed rewards disappear?

**A:** No. When the transfer is executed, the system automatically triggers settlement and sends your unclaimed USDC rewards to your original wallet.


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