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 Protocol (KING) Price Data

King Protocol (KING) price has decreased today.

King Protocol price today is $531.98 with a 24-hours trading volume up by 0.00%. KING price is down in the last 24 hours. It has a circulating supply is 10,784 KING coins and a total supply of 10,719.

What is the highest price for King Protocol?

The all-time high price of King Protocol is $3,390 on Dec 17, 2024.

What is the lowest price for King Protocol?

The all-time low price of King Protocol is $526.52 on Apr 3, 2025.