The KILT Treasury is a store of on-chain funds that are available for creating infrastructure or initiatives that benefit the network, contributing to its long-term sustainability.
Any KILT Coin holder can create a proposal and request funds from the Treasury.
Get a comprehensive overview of why KILT was conceived and how it works.
KILT's White Paper details the concept and technical implementation. The token metrics paper, published in August 2021, gives an indepth insight into the KILT token economy.
The KILT Coin is currently used in three ways: as payment for DIDs and attestation services, for on-chain functions including governance, and for staking.