OUR PARTNERS
STAKE & USE
How It Works
1. Users Deposit MON
When users deposit MON into the Kintsu stake pool, new sMON tokens are created and given to them as receipt tokens, which represent their pro-rata share of the pool’s deposited MON. These receipt tokens are redeemable for their share of the pool’s MON.
2. Staking Generates Yield
Kintsu automatically delegates the pooled MON across participating validators. These validators earn yield through both the network's Proof-of-Stake consensus and MEV fees. Each validator's delegation amount is based on weights in the Kintsu validator registry, which the Kintsu DAO controls.
3. Yield is Compounded
Validators send earned yield from staked MON back to Kintsu’s smart contract, which automatically compounds returns by delegating the yield back to Validators as additional stake. This compounding process increases the ratio of total MON deposited in the pool versus outstanding sMON. Thus, the exchange ratio between MON and sMON grows consistently, and remains transparent and predictable. When users unstake their sMON, they receive more MON than they initially deposited.
4. Users Use sMON for DeFi
While staked MON earns yield, the sMON receipt tokens remain fungible. With their predictable exchange ratio to MON, these tokens can be used throughout the DeFi ecosystem as a proxy for MON. This solves one of the biggest opportunity costs of staking and lets users earn yield on their MON while participating in trading, lending, futures, gaming, and more—a feature we call "composable yield".
ECOSYSTEM
Use Cases
Pooling
Farming
Decentralized Exchanges
Restaking
Perpetual Futures
Indexes
Lending
Bridging
Governance
Gaming
Collateralized Debt
Launchpads
NFT Marketplaces
Pooling
Farming
Decentralized Exchanges
Restaking
Perpetual Futures
Indexes
Lending
Bridging
Governance
Gaming
Collateralized Debt
Launchpads
NFT Marketplaces
Pooling
Farming
Decentralized Exchanges
Restaking
Perpetual Futures
Indexes
Lending
Bridging
Governance
Gaming
Collateralized Debt
Launchpads
NFT Marketplaces
Pooling
Farming
Decentralized Exchanges
Restaking
Perpetual Futures
Indexes
Lending
Bridging
Governance
Gaming
Collateralized Debt
Launchpads
NFT Marketplaces
Pooling
Farming
Decentralized Exchanges
Restaking
Perpetual Futures
Indexes
Lending
Bridging
Governance
Gaming
Collateralized Debt
Launchpads
NFT Marketplaces
GOVERNANCE
Empowering
Our Community
Validator League
Kintsu’s on-chain validator registry is fully transparent and permissionless. Weights are entirely controlled by the DAO. Validators compete to generate the highest yield and earn more stake delegation from the Kintsu staking pool. All proposals, votes, and treasury management are on-chain.
Purpose-built DAO
Kintsu’s governance is a representative democracy. DAO participants can vote on proposals and allocate their voting power on the Validator Registry, or they can delegate their voting power to others who act as representatives on their behalf.