24h Vol | $252.11 |
|---|---|
Liquidity | $10.08K |
Holders | 14 |
Age | 12 days |
FDV | $5.09K |
Market Cap | $7.21M |
Pooled KING | 8.5525 | $4.87K |
Pooled WETH | 2.432 | $5.04K |
| Pool | 0xdc5...15ac | |
| KING | 0xe22...bac0  | |
| WETH | 0x420...0006 |
KING to WETH Converter
24h Vol | $252.11 |
|---|---|
Liquidity | $10.08K |
Holders | 14 |
Age | 12 days |
FDV | $5.09K |
Market Cap | $7.21M |
About King Protocol (KING)
Restaking protocols can distribute rewards in any ERC-20 token. However, users typically receive fractional amounts of these rewards, making them inconvenient to claim or trade. This situation can lead to a frustrating user experience, with poor returns for restakers, low token utilization, and increased selling pressure on reward tokens. King Protocol (formerly known as LRT²) offers a solution through a unified restaking reward. KING represents a share of a vault full of restaking rewards. LRTs deposit restaking rewards into the vault and then mint and distribute KING to their restakers. This streamlined system significantly reduces transaction costs and improves the efficiency of restaking reward distribution. It is particularly beneficial for small stakers, who might otherwise find managing and trading fractional rewards challenging. For larger stakeholders, the ability to redeem or arbitrage the vault share tokens creates an active market, helping to stabilize the King token price and drive liquidity.
KING/WETH Price Stats
The current price of KING (KING/WETH) on Aerodrome (Base) is $588.14, the price is up 12.03% in the last 24 hours. Its 24-hour trading volume is reported to be at $252.11 with a total of 4 transactions. KING/WETH contract address is 0xdc5f7c7916c7792603fdc17f05f7929b423015ac, with a Fully Diluted Valuation (FDV) of $5,258.07 and a liquidity pool of $10,077.88.
