What is KASTA Token

WHAT IS THE KASTA TOKEN?

The KASTA token is the native token of Ka.app, a peer-to-peer (P2P) crypto payment app. It’s a crucial part of the Ka.app ecosystem as it provides users with a growing list of utilities, such as yield multiplication, reward redemption, and more.

What is KASTA

HOW DOES KASTA WORK

KASTA is an ERC-20 token built on the Polygon network. As a virtual payment method, the token powers fast cross-border payments without oversight or permission from a third-party institution.

Where to Buy KASTA

WHERE IS KASTA AVAILABLE?

The KASTA token has been listed on several exchanges and decentralized exchanges since its launch in January 2022. These include ByBit, Gate.io, MEXC, AscendEx, QuickSwap, and Uniswap (V3) (Polygon). KASTA is continuously being added to more exchanges, so stay tuned for more listing announcements.

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EARN KASTA

Those who want to hold their KASTA tokens for the long-term can take advantage of the Ka.app’s staking and locking up features. Users who stake or lock up KASTA tokens can enter different tiers that offer various annual percentage yields (APY), benefits, and more.

Earn KASTA

KASTA TIERS

  • KASTA TiersKASTA NeededSwap FeesStaking APYLocking APYKASTA Token Staking BonusDebit CardBank Account
  • Tier 002.504%TBC0.75%TBCTBCTBC
  • Tier I401.252%TBC1.5%TBCTBCTBC
  • Tier II1001.023%TBC2%TBCTBCTBC
  • Tier III500TBCTBCTBCTBCTBCTBC
  • Tier IV2000TBCTBCTBCTBCTBCTBC
  • Tier V10000TBCTBCTBCTBCTBCTBC
  • Tier VI200000.376%TBC8%TBCTBCTBC
  • Tier VII500010.376%TBC8%TBCTBCTBC
  • Tier VIII1000000TBCTBCTBCTBCTBCTBC
  • Tier IX10000000TBCTBCTBCTBCTBCTBC

UTILITY OF THE TOKEN

01.Cross-Border Crypto Transactions
KASTA is available on Ka.app, which means you can easily use this token when sending or receiving crypto, regardless if it’s for crypto trading, remittances, or any other type of transaction.
02.App Exchange Fee Discounts
You can enjoy lower exchange or swap fees in the app when you stake or lock up your KASTA tokens. The discount varies depending on the amount of KASTA you have staked or locked up.
03.Exclusively Designed Debit Cards
Those who stake or lock up their KASTA tokens may soon avail of Ka.app debit cards with exclusive designs, which they can use for day-to-day transactions, depending on the number of tokens they have staked or locked up.
04.Reward from Ka.app Referrals
Our Refer a Friend program rewards KASTA tokens to users who’ve successfully referred others to the app. New users who’ve signed up through a referral link will also receive rewards.
05.Yield Multiplication
Ka.app users can earn up to 15% APY on their KASTA tokens by locking them up in the app for six months. The maximum number of KASTA tokens you can earn APY on is 1 million KASTA.
The upcoming staking feature, which will allow you to earn APY without a lock up period (meaning you can unstake anytime), offers up to 4% APY. Tokens will be available within 24 hours after unstaking.
KASTA Token Polygon

WHY DOES KASTA USE POLYGON?

The KASTA token was built on Polygon, a second layer scaling solution for the Ethereum blockchain, because it enables cheaper, much faster transactions, and it has dual-strategy proof-of-stake and fraud prevention capabilities.

View KASTA on PolygonScan
KASTA Token Burn

KASTA BURNS

The Ka.app team burns tokens, which is done by transferring KASTA tokens to a wallet where they can never be retrieved, to reduce the token’s circulating supply. Ka.app will use up to 10% of its quarterly net revenue to buy back and burn KASTA tokens. From time to time, the company also burns tokens for marketing initiatives.

FAQ

Wanna know more? Look no further

What is KASTA’s contract address?
The KASTA token’s contract address is 0x235737dBb56e8517391473f7c964DB31fA6ef280.
How much is the total supply of KASTA?
KASTA has an initial circulating supply of 37.5 million tokens. More tokens will be available as more KASTA vests over time.
What is the trading volume of KASTA?
The crypto market is highly volatile, and thus trading volumes change regularly. You can view the most recent data in our token pages on CoinGecko and Coin Market Cap
Where can I use KASTA tokens?
In the future, Ka.app will partner with merchants so you can accept payments in KASTA, whether for shopping, dining, recreation activities, or services.
More token FAQs

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