Kpk Launches KPK Token And Updated DAO Governance Structure
The post Kpk Launches KPK Token And Updated DAO Governance Structure appeared on BitcoinEthereumNews.com.
George Town, Cayman Islands, May 15th, 2025, Chainwire kpk, a top name in DeFi asset management, is officially introducing the KPK token to support updated governance model. kpk, formerly known as karpatkey, the industry leader in non-custodial DeFi asset management, today announces the official launch of its governance token, KPK. This milestone comes as the organisation fulfills a key ambition that has directed progress since its inception, marking the beginning of a new era for kpk’s governance, expanded participation, and long-term scalability. The token will serve as a new governance mechanism created to support the DAO. With a total supply of 1 billion KPK tokens, the launch sets the stage for a more inclusive and dynamic decision-making framework, involving contributors, investors, and community stakeholders. Bespoke, Decentralised, Autonomous Founded in 2021 within the Gnosis ecosystem, kpk quickly established itself as a trusted partner for onchain asset management with top DAOs including Aave, Safe, Lido, Arbitrum, ENS, Balancer and CoW. Originally designed with decentralisation in mind, the organisation’s growth—cash flow positive and now boasting over 50 contributors—has laid the groundwork for a sustainable, community-driven governance structure. “We’ve spent the last several years proving the strength of our model,” said Marcelo Ruiz de Olano, Co-Founder of kpk. “The launch of KPK is the culmination of all our efforts to establish our products, partners and reputation across the industry. With this new organisational structure and governance mechanism, we can better extend our services into traditional finance, bringing greater liquidity to DeFi.” The KPK token will serve as the exclusive instrument for governance within the DAO. At launch, the token will have limited transferability, with no exchange listings. With the permission of the DAO foundation, investors could transfer token ownership to pre-approved third parties. The token has been distributed through internal channels such as contributor…
Filed under: News - @ May 15, 2025 10:29 am