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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.

King Protocol

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KING	USD
0.1	58.60
1	586.02
2	1,172.04
5	2,930.09
10	5,860.18
20	11,720.35
50	29,300.88
100	58,601.76
1000	586,017.65

USD	KING
0.1	0.00017064332
1	0.00170643324
2	0.00341286649
5	0.00853216622
10	0.01706433245
20	0.03412866490
50	0.08532166225
100	0.17064332450
1000	1.71

King Protocol Converter

KING to USD Price Chart

Price Performance

Price Performance

KING to USD Conversion Table

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