Kingsilver ($KSL)

The Actively Managed Stablecoin

Kingsilver ($KSL) is a decentralised, dynamic-supply, index token that is backed by, and redeemable in, the crypto assets within the Kingsilver ecosystem.

• Dynamic-supply - $KSL's supply responds to market demands via an autonomous faucet and sink that mints $KSL when it is purchased, and burns it when it is used to redeem collateral.

• Decentralised - the token is minted on a distributed ledger and the minting and burning process is autonomous and also executes on a distributed ledger.

• Index Token - $KSL represents the total value of every crypto asset within the ecosystem.

• Redeemable - $KSL can be used to redeem the underlying assets that give it value.

Since $KSL represents the combined value of all of the assets in the Unmanaged Reserve and assets under management (AUM) within the Kingsilver ecosystem, rather than being based on market speculation, the value of 1 $KSL is therefore the total value of all of the managed and unmanaged assets, divided by the circulating supply.