Kona Kitties

Overview

Kona Kitties are positions that capture protocol fees across the Kona ecosystem. Lock KONA to mint a Kitty, equip gear to boost your fee share, and earn ETH from Kona Lend and Kona Swap activity.

No KONA inflation. No emissions. Just real protocol revenue flowing to committed holders.


Core Mechanics

Minting a Kitty

Three paths to get a Kona Kitty:

Genesis Sale

  • 200 supply

  • ??? ETH per Kitty

  • Includes KONA permenant locked

  • 3.0x tier multiplier

  • Max 3 per wallet

Public Mint

  • Unlimited supply

  • Starting price: ??? ETH (increases over time)

  • You provide your own KONA to lock

  • You choose lock duration

  • 1.0x tier multiplier

Staking Path

  • Stake KONA to earn mint eligibility over time

  • 150 KONA staked = 1 free mint per 30 days

  • Less KONA = longer wait (50 KONA = 90 days)

  • Still requires KONA to lock in the Kitty

  • 1.0x tier multiplier

Lock Durations

Longer locks receive higher fee multipliers:

Duration
Multiplier

2 weeks

0.05x

1 month

0.1x

3 months

0.3x

6 months

0.6x

1 year

1.0x

2 years

2.0x

4 years

4.0x

Permanent

10.0x

Lock multipliers decay linearly as time passes. Permanent locks never decay.

You can extend your lock or convert to permanent anytime. You cannot reduce lock duration.


Fee Capture

Kona Kitties receive protocol fees from:

Kona Lend

  • Interest spread from borrowers

  • Origination fees

  • Liquidation fees

Kona Swap

  • Trading fees

  • LP fees

Future Sources

  • Additional protocol integrations

Fees are distributed weekly in ETH (switchable to KUSD via governance). Your share is proportional to your Kitty's Power relative to all Kitties.


Power Formula

Example:

  • 100 KONA locked

  • Permanent lock (10.0x)

  • Genesis tier (3.0x)

  • Max gear (25.0x)

  • Power = 100 × 10 × 3 × 25 = 75,000

Your fee share:


Gear System

Equip gear to boost your Kitty's fee capture.

Gear Slots

Each Kitty has 6 gear slots:

  • Head

  • Torso

  • Feet

  • Legs

  • Hands

  • Back

Gear Scoring

  • Each gear piece: 1 to 10,000 score

  • Maximum total: 60,000 (all slots maxed)

  • Gear modifier: 1.0x at 0 score, up to 25.0x at 60,000 score

Gear Score
Modifier

0

1.0x

10,000

5.0x

30,000

13.0x

60,000

25.0x

Acquiring Gear

Gear is purchased using Kona Points earned from:

  • Farming on Kona Lend

  • Trading on Kona Swap

  • Protocol participation

Gear is ERC-1155 and tradeable on secondary markets.


Tiers

Tier
Multiplier
How to Get

Public

1.0x

Public mint or staking path

Genesis

3.0x

Genesis sale only

Higher tiers may be introduced post-launch.


Lock Management

Allowed:

  • Add more KONA to your Kitty anytime

  • Extend lock duration anytime

  • Convert to permanent lock anytime

  • Withdraw KONA after lock expires

  • Relock after expiry

Not Allowed:

  • Reduce lock duration

  • Unlock early (except emergency withdraw with 50% penalty)

  • Revert permanent lock


Kitties vs PEARL

Both use Kona Points. Both support KONA. Different purposes.

Kitties
PEARL

Purpose

Fee capture

Governance

Earns

Protocol fees (ETH)

Bribes

KONA

Locked

Burned

Points usage

Gear purchases

Minting

Boostable

Yes (gear)

No

Choose Kitties to earn passive protocol revenue. Choose PEARL to control emission allocation.


NFT Details

  • Name: Kona Kitties

  • Type: ERC-721

  • Chain: Abstract

  • Transferable: Yes (with locked KONA)

  • Gear: ERC-1155 (separate, equippable)

Each Kitty has randomly generated traits at mint including stats and elements that can be used in games. Higher tiers have higher stat floors


Contracts

Contract
Address

Kona Kitty NFT

[TBD]

Gear NFTs

[TBD]

Fee Distributor

[TBD]

Staking Minter

[TBD]

Parameter Store

[TBD]

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