The Kryptolite Universe(a.k.a kryptoverse) aims to effectively and constantly develop new, innovative projects - all owned by the community, making the KRYPTOVERSE a blockchain-backed amalgam, with multi-faceted projects all under KRYPTOLITE, and KRL token holders benefitting from fees generated from these projects. We support Binance Smart Chain, Ethereum and Cronos. KRL is the native utility token for the KRYPTOLITE Universe that is used for: 

• Staking to earn passive income.(% APY) 

• Purchase of Exclusive KRYPTOLITE Gem NFT's. 

• Discounted launchpad subscriptions. 

• Used for governance votes to determine how network resources are allocated. 

KRL’s tokenomics follows a manual “repurchase and burn” model, which decreases the circulating supply of the KRL token over time, driving up its value. This model keeps the value of KRL sustainable over the long run. Its tokenomics are also further supported by the “stake and earn” model, which further incentivizes KRL holders to keep their tokens. 

On top of yield rewards, KRL tokens can also be used to participate in the governance mechanism of one of the fastest-growing DeFi protocols in the market.

 Stake your KRL-BUSD LP tokens from providing liquidity in the KRL/BUSD pair on PancakeSwap and be eligible for additional rewards from the bonus pool of tokens!

Participants in the Rewards Program gain rewards based on their percentage share of the overall stake pool.

• Additional Rewards

Refer a friend to trade on KryptoliteSwap and earn tokens from every trade they do.