KARRAT FAQs
Last updated
Last updated
The KARRAT Foundation is a foundation company that operates in service of — and is governed by — KARRATco. For details, see transparency report.
The $KARRAT airdrop claim is not live yet.
$KARRAT was created with an initial supply of 1 Billion. The supply cannot be inflated. To learn more see .
KIPs are created by suggesting them on theKARRATco governance forum (go-live on launch) and discussing/debating them for 1 week. KIPs should be accompanied by a Snapshot poll, which can only be submitted by an address that can vote at least 100,000 $KARRAT tokens. If a KIP receives sufficient support, it moves on to an on-chain voting process (go-live on launch), where holders of votable tokens (or the delegates that those holders have delegated their tokens' voting power to) can formally vote on the proposal. The process is outlined in detail in the .
Proposals can be submitted by a Delegate who has 100,000 voteable tokens; this requirement exists to mitigate spam.
A KARRATco delegate is anyone to whom a $KARRAT holder has delegated votes. So to become a delegate, you can either get a $KARRAT holder to delegate their votes to you, or, if you hold $KARRAT, you can delegate votes to yourself.
Yes; voting power can be split between any number of delegates.
You just have to own$KARRAT and/or appeal to the community on why they should choose you to represent them when voting on proposals in governance.
