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  • Overview
  • Utilities
  • The Kolektivo Curaçao Reserve Token
  • Overview
  • Utilities

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  1. Tools
  2. Framework Tokens

Reserve Token

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Last updated 2 years ago

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Overview

The Kolektivo Reserve Token is an ERC-20 produced by a local instance of a . The Reserve Token is backed by the assets held by the Reserve, such as , or cUSD, and used as collateral into the Mento system to mint the of the community economy. The Kolektivo Reserve Token introduces several utilities such as leverage, price ceiling and floor.

Utilities

  • Reserve Delegates can mint more kCUR without any additional assets like KTT being deposited into the reserve. The maximum leverage ratio is a custom limit that determines how much leverage is possible.

  • The Reserve Token Minted by Reserve Delegates via governance proposals, constrained by leverage ratio.

  • The Reserve Token's price is being held between a price floor and ceiling determined by the community.

  • The Reserve Token is used to back the community currency via Mento.

The Kolektivo Curaçao Reserve Token

  • Name: Kolektivo Curaçao Reserve Token

  • Ticker: kCUR

  • Standard: ERC-20 on Celo

  • Total supply: Elastic supply

  • Token address

Overview

kCUR is the Reserve token of Kolektivo Curaçao. It is used as collateral in the Mento system to mint the community currency: the Kolektivo Guilder. It is backed by the Curaçao Reserve's assets. kCUR's parameters, such as price ceiling and floor, are customizable through community governance.

Utilities

  • kCUR is minted by Reserve Delegates via governance proposals.

  • kCUR's price is constrained by a price floor and a price ceiling defined by Reserve Delegates.

  • kCUR is used to back the community currency Kolektivo Guilder (kG) via Mento.

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Kolektivo Reserve
KTT
Ecological Tokens
community currency