King Protocol (LRT2) #2625

King Protocol

LRT2
Price of 1 King Protocol today (2 September)
$ 212.49
Overview
Price
Where to Buy
Calculator
kingprotocol.org
Contracts
Explorers
GitHub
Market Cap
$ 1.3M
+10%
#3109
Trading Volume, 24h
$ 197.3
-87%
Dominance
0.000046%
In circulation LRT2
6 249.46
Price Min/Max
24 hrs
$ 204.76
$ 214.61
30 days
$ 167.46
$ 243.82
1 year
$ 139.3
$ 1.49k
ATH
$ 606.59
$ 3.4k
-94% from ATH·+1500% to ATH
LRT2 Sectors:
King Protocol belongs to the sectors:

Exchanges where LRT2 is traded

Exchange Pair Price Volume, 24h
1 Aerodrome (Base) 1.0 LRT2/WETH
$ 208.25
WETH 0.0862 spread 0.75% 		$ 258h ago Buy
Show All ➙

Today King Protocol (LRT2) only traded on Aerodrome (Base). The maximum trading volume is observed for the trading pair LRT2/WETH and reaches 25 dollars (99% of the total volume across all exchanges). During the week, the minimum price for King Protocol (LRT2) is fixed on Monday at 209.14 dollars. Currently, the token King Protocol is trading in the range of 212.49 dollars or 18 413.34 ruble for 1 LRT2.

Calculator LRT2

LRT2
USDT

1 LRT2 = 212.49 USD

Full version

Developer activity

king-protocol
View on GitHub

What is King Protocol?

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.

How to add King Protocol to Metamask?

To add LRT2 to the metamask you need:

  1. In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
  2. Copy the smart contract address for King Protocol from the list below.
  3. Paste into the "Smart Contract Address" field.
  4. Click the "Add Custom Token" button.

The LRT2 is available on the 4 blockchain networks. Below is a list of King Protocol smartcontract addresses to add to the metamask:

  • Ethereum - 0x8f08b70456eb22f6109f57b8fafe862ed28e6040
  • Base - 0xe22c243c7559c667a1eb94b593369d192c5fbac0
  • Swellchain - 0xc2606aade4bdd978a4fa5a6edb3b66657acee6f8
  • Arbitrum One - 0x2e412435928efe43b156caa8f4b1068729fee275

Official websites and links for King Protocol

There are currently about 4 official links to King Protocol websites and social media:

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