No whitepapers. No jargon. Here's what's actually happening under the hood.
Think of it as a vault. The protocol locks ETH in a trading vault. That ETH guarantees a minimum price for every KRK token. The more ETH in the vault, the higher the floor.
The floor is a hard lower bound — it's backed by real ETH, not promises. Even in a worst-case sell-off, the floor holds because the ETH is locked in immutable contracts that nobody can touch.
Kraiken runs three trading strategies simultaneously — earning fees from every trade that happens. These fees flow back into the vault, growing the floor over time.
The optimizer reads staker sentiment and adapts positions accordingly — adjusting widths, depths, and allocations to match market conditions. It runs autonomously, on-chain. No human can intervene.
When people buy, new KRK is created. When people sell, KRK is burned. The total supply adjusts automatically — no team controls it.
This elastic supply means the protocol can always meet demand without diluting holders unfairly. The math ensures the floor price per token stays intact as supply expands or contracts.
Power users can stake KRK to take leveraged positions — like betting on the price with extra conviction. Higher conviction means harder for someone to take your spot, but bigger rewards if you're right.
Staking is optional. Most holders just hold. But if you want amplified exposure to KRK's price movement, staking is how you do it — with a built-in fairness mechanism that keeps positions from being hoarded forever.