Analysis

Analysis

KIN Chart

Price :

USD0.000037

Volume :

USD6,615,380

Rank :

496

MarketCap :

USD63,979,573

KIN'verter

KRE Info

The KRE (KIN rewards engine) was built to promote a healthy ecosystem that maximizes everyone’s opportunity for participation and recognition.

Unlike current revenue models that monetize users, the KRE puts users at the center and rewards developers for peer-to-peer and in-app engagement.

By focusing on engagement, the KRE provides a new way forward where developers earn revenue by building experiences that maximize engagement between users and content creators who reward each other directly.

(info taken from https:kin.org)

To understand the KRE metrics, we need to understand the following terms :

AU = active users (user that spends KIN at least 3 times in a month)

AUB = active users balance (total amount of KIN within all wallets from AU)

Here is the KRE formula :

KRE_weekly * (Active User Balance for app X / Active User Balances all apps) = payout for app X

Now let’s give an example with fake numbers.

Imagine there is 3 apps in the KIN ecosystem :
 
app A – 2,000,000 AUB
app B – 3,000,000 AUB
app C – 5,000,000 AUB
 
Total AUB = 10,000,000 KIN
 
app A = 2,000,000 / 10,000,000 = 0.2 (20%)
app B = 0.3 (30%)
app C = 0.5 (50%)
 
Let’s say KRE daily = 250,000,000 KIN
 
Here is a preview of apps payout :
app A = 250,000,000 * 0.2 = 50,000,000 KIN
app B = 250,000,000 * 0.3 = 75,000,000 KIN
app C = 250,000,000 * 0.5 = 125,000,000 KIN
 

There is also a maximum cap of how much AUB can be counted for each app.

Here is the formula :

AU * 100,000 = maximum AUB credited to app X

For example, if app X has 5000 AU, then 5000 * 100,000 = 500,000,000 AUB for app X.  This means that even if app X has an AUB of 750,000,000 KIN, then only 500,000,000 will be credited to app X when comes the time to calculate their part of the KRE.

KRE Rankings

* Special thanks to @Polype01 for providing the initial info.

* KRE payout for the week of Dec 26 – Jan 01 2022 (KRE is always 3 weeks behind).

KRE Stats