Update: Konstellation Whitepaper 2022

The DARC Token is run by Konstellation’s ecosystems

Abstract

Features of Konstellation

  • Investment in crypto strategies and indexes
  • Access to an omni-currency stablecoin protocol
  • First DeFi Forex platform
  • Explore a NFT marketplace with Korean creators
  • Fight in a battle royale Play to earn game
  • Engage with crypto projects and marketing/educational content creators through a community-driven DAO
  • Stake and vote on governance through a wide range of trusted validators

Konstellation Ecosystem

Overview

Alkemy

  • Solana native stablecoin platform
  • Wide range of fiat stablecoins available (aEUR,aUSD,aKRW,aJPY,aGBP,aINR)
  • Users will have the option to pay their fee with DARC when using Alkemy
  • Users will get a discount when they pay their fee with DARC

VegaX

  • Investment platform with crypto strategies and indexes
  • Provides sophisticated investment data and content to help investors with their portfolio allocation (Historical data, educational content, weekly newsletter, tutorials, and more)
  • Users will have to stake DARC through a dedicated interface
  • DARC Stakers will be able to receive discounts on management fees for VegaX investment products
  • Users will have the option to pay their VegaX management fee with DARC
  • VegaX will burn a portion of the revenue that it receives in the form of DARC
  • When opting for a loan, the interest on the loan can be paid in BTC or DARC. Interest will be paid in BTC by default, but clients can choose the option to pay with DARC instead.

Taebit

  • Stablecoin and forex trading focused DeFi platform
  • Built as a decentralized exchange using a Serum GUI

Squid Squad OG

  • Play to earn NFT game
  • 456 NFT minted by batch on Solana with unique design and characteristics
  • Participants are selected through airdrop and auction, using DARC currency
  • Users can use DARC to participate in the Squid Game OG NFT Lottery, minting and auction. NFT buyers will then need to register for the Squid Squad game where they will have the opportunity to win their unique NFT and a prize reward in USDC and DARC
  • Players can also trade their NFT in-game using DARC

HoldMyLedgerDAO

  • Platform that aimed to reward content creators in crypto for completing bounties
  • Bounties are sponsored by crypto projects

Kambrian

  • K-Culture themed NFT marketplace built on Solana for the Global Audience
  • Enabling direct minting of music, collectibles, art, and more
  • Payment using DARC
  • Users can directly use DARC to trade NFT on Kambrian Marketplace
  • NFT creators will also have to use DARC to mint their collections

Konstellation Bridge

  • Swap DARC from different blockchains
  • Swap Cosmos and IBC based token to Solana and Binance Smart chain
  • Transaction fees paid in DARC

The DARC Token (DARC)

Token Distribution

  • 4% Seed round investors
  • 6% Developers
  • 10% Reserve
  • 30% Management & Staff
  • 50% Token Sale

Governance

  • Major/Disruptive Proposal:
    This proposal will concern significant changes within the blockchain. Some examples of major proposals could be changes to the blockchain architecture and tokenomics. Any proposal with a 75% plus one majority of cast votes at the end of the proposal period shall be considered an accepted proposal.
  • Minor Proposal:
    This proposal will concern complementary implementations on the blockchain. Any proposal with a 50% plus one majority of cast votes at the end of the proposal period shall be considered an accepted proposal. The proposals can be submitted for additional considerations related to the development of the dashboard or to adding new investment strategies and opportunities. Most of the proposals will be minor proposals.

--

--

--

DARC is the fuel that drives the Konstellation Network, the infrastructure for the interoperable DeFi capital markets.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Navasu: Mistakes to Avoid When Buying Cryptocurrency

This Week: Vesper Orbit Prepares for Launch, VIP Results, and More

Uniswap Explained in 60 Seconds

[ENG] Week 29 update

Boosteroid: ICO Review

Official Bowhead Tokenswap Guide

Pump and Dump Scheme Explained in 60 Seconds

COSS : CRYPTO ONE STOP SOLUTION MADE EASY FOR YOU

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Konstellation Network (DARC)

Konstellation Network (DARC)

DARC is the fuel that drives the Konstellation Network, the infrastructure for the interoperable DeFi capital markets.

More from Medium

Osmosis: Toward multichain liquidity.

How Synthetic Assets Will Change the Financial World

Juno 101: smart contracts for all

EVMOS? A computer OS or what?