What is Kingsilver?
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Kingsilver is an ecosystem of crypto asset , the performance of which attracts more capital, and is represented by the dynamic expression of in (the Kingsilver Metaverse); NFTs owned by Wealth , and .
The better a Fund performs and the more profit that is made by every contributor of that fund—owners, managers, traders and stakers—the more valuable everyone's Real-Estate becomes. Land dynamically moves closer to the centre of the Metaverse, and real-estate grows into more impressive structures. The result is a dynamic city where the most successful are celebrated with towering Real-Estate in the centre of a beautiful virtual city.
The collective value of all of the crypto assets within the investment fund ecosystem backs, and is redeemable with, the , which is dynamically minted and burned when bought and sold from the . The value of $KSL is then always the total value of crypto assets within the ecosystem divided by the circulating supply.
Stablecoins used to purchase $KSL from the Kingsilver Exchange are stored in the until Stakers stake Aslan ($ASLN)—Kingsilver's trust allocation and governance token—on a Fund, which causes an equal value of Stablecoins to be moved from the Unmanaged Reserve to that Fund, which they are then be free to actively manage. Depositors can also deposit stablecoins directly to a fund.
All investment funds are non-custodial, meaning fund managers do not have any access to deposited capital, and can only decide how that capital is traded through arbitrageurs, and within strict constraints.