Kintsugi is Interlay’s canary network, deployed on Kusama.
Public property. Any user or repository providing liquidity to the bridge (BTC, KSM,…), crowdfunding participants, early sponsors and builders will contribute to Kintsugi’s success with their KINT tokens. Radically open. Anyone can become a repository and help protect kBTC at any time. Yes, you can manage your own storage! Secured by insurance. Vaults block collateral on the kBTC blockchain in various digital assets. If the storages behave incorrectly, their collateral is reduced, and users are compensated for damages. As a user, you only trust that Bitcoin and the DeFi platform you use are secure. The project leads an active PR company and participated in the auction of parachains , a huge number of users are interested in this . Remuneration Schedule Kintsugi includes the following special community rewards : Early Bird: 5% for the first 3 days of crowdlan Referral: 5% for both referrer and
Kintsugi has excellent tokenomics and management structure The Council Everyday decisions are made by the elected Council, but can be canceled by the majority of holders of the KINT token. The council is democratically elected by the owners of the KINTS, and anyone can run for this post. The Council is valid for 7 days, and users can change their vote after each such period. Optimistic Management In order to promote a more active management process and avoid the problem of the “lazy voter”, Kintsugi implements “optimistic management”: proposals agreed by the Council pass automatically after the “objection period”, unless the owners of the KINTA actively vote against. The rate for voting To vote, users block the KINTA with a Kintsugi parachute. Thus, the blocking period will affect the right to vote: the longer KINT are blocked, the more voting rights they have, since the voter is interested in the long-term serviceability with
Team The team consists of programmers, researchers, and developers. Early holders of Bitcoin and DeFi.