Intro to K1
Backed by energy, building Kardashev 1 civilization
K1 is a synthethic stablecoin protocol designed to finance energy production and make Kardashev 1 type civilization a reality
With an aim to provide 9-14% APR to staked holders which could potentially go upto 16-20% if looped using spot leverage on borrowing platforms, yield will be primarily generated via treasury allocations to energy infrastructure projects using either equity or debt instruments.
K1 - fully backed, deeply liquid stable
yK1 - rwa backed, yield bearing, sequentially liquid token
K1 - Stablecoin designed to be fully redeemable for USDC/CASH at any given point in time. K1 will be used for defi and payment related utilities.
yK1 - yield bearing portion of K1 which is fully backed by energy infrastructure projects. Since these assets are illiquid, redemption of yK1 will be orchestrated in a sequence as permitted by availibility of liquidity. yK1 holders will be rewarded with juicy yields for being their mission alignment.
Source of yield - Yields for yK1 holders will be sourced from the equity/debt capital allocations to energy infrastructure projects. Treasury management will aim to achieve a minimum of 8% APR on their allocations. All idle capital will be allocate to various liquid yield bearing stables and yield generated here also will be allocated to yK1 holders.
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