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.
Where is King Protocol available for purchase?
You can exchange KING tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading King Protocol is Uniswap V4 (Ethereum), notably the KING/ETH pair, which saw a trading volume of $ 57,955 in the past day. Additionally, Uniswap V3 (Ethereum) and Velodrome Finance V2 (Swellchain) are popular alternatives for trading tokens.
What is the highest value King Protocol (KING) has ever reached?
King Protocol (KING) reached its peak price at 3,400.5 $ on 16 December 2024, approximately 8 months ago ago. Presently, the current price is -72.73% lower than this all-time high.
What is the historical minimum price for King Protocol (KING)?
The minimum price reached for King Protocol (KING) was 400.49 $, documented on 09 April 2025, more than 4 months ago. In comparison, the current price is 131.53%, it above this historical low.
What is the fully diluted valuation of King Protocol (KING)?
The fully diluted valuation (FDV) of King Protocol (KING) stands at $ 10,85 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of KING tokens. The realization of this FDV might take several years depending on the emission schedule of KING tokens.
How to add King Protocol (KING) to MetaMask?
By integrating King Protocol (KING) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import KING as a token. You can either manually import KING by copying its contract address (0x8f08b70456eb22f6109f57b8fafe862ed28e6040) or use MetaMask's Chrome extension to add KING with a single click through P.CASH.
How to add King Protocol (KING) to TrustWallet?
Incorporating King Protocol (KING) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include KING, you can either manually import it using the contract address (0x8f08b70456eb22f6109f57b8fafe862ed28e6040) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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