
Meta|Aug 25, 2025 08:41
Tonight at 8 PM, @boundless_xyz is launching the Kaito token sale. Valuation is $290M, with 50% unlocked at TGE and the remaining linearly unlocked over 6 months. Honestly, ZKC, as the economic engine of Boundless, has a design that's truly interconnected—every component drives the protocol forward.
From the payment perspective, users can pay with ETH, SOL, or USDC, but the underlying collateral mechanism relies entirely on ZKC. Every new chain added for proof requirements locks up more ZKC as collateral. This design creates a positive feedback loop between the protocol's versatility and token demand.
The collateral mechanism is pretty interesting too—each proof requires ZKC collateral worth 10x the request fee. If the prover fails, 50% is burned directly, and the other 50% becomes a reward for the next prover. This ensures that every penalty permanently reduces supply while incentivizing other nodes to operate.
In terms of revenue distribution, 75% of emissions go to provers through Proof of Verifiable Work. The more proofs completed, the higher the income, requiring more ZKC to be staked for handling larger requests—creating a compound growth cycle. The remaining 25% of emissions go to protocol stakers, forming a dual incentive mechanism.
All token holders can participate in market mechanisms, zkVM additions, project funding, and other decisions. As cross-chain proof demand grows, ZKC gets locked at a 10x collateral rate, creating sustained supply pressure. This makes the token itself the core economic model for making ZK proofs financially viable.
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