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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	17.40
1	174.03
2	348.07
5	870.17
10	1,740.33
20	3,480.67
50	8,701.67
100	17,403.34
1000	174,033.45

USD	KING
0.1	0.00057460218
1	0.00574602187
2	0.01149204375
5	0.02873010939
10	0.05746021878
20	0.11492043756
50	0.28730109392
100	0.57460218784
1000	5.75

King Protocol Converter

KING to USD Price Chart

Price Performance

Price Performance

KING to USD Conversion Table

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