KAIA · the mint that never pauses.
KAIA is the native coin of Kaia, the one-second-block layer-1 from the Klaytn–Finschia merger — ~6.40B circulating, no supply cap. Every block pays a fixed reward and almost nothing comes back.
Sell pressure. About 74.58M KAIA of new supply over 90 days — 9.6 KAIA minted on each of 7,768,665 blocks. No cliff is left to unlock, and the fund wallets are already counted as circulating.
Buy pressure. Just 0.16M KAIA of gas fees burned — one coin destroyed for every 481 created. A reform on Jul 23 2026 halved the burn and set up a new one that has not fired.
- First contribution-reward burn cycle closessize unpublishedOct 21 2026 · burns whatever the reward pool did not hand out
Kaia mints a flat 9.6 KAIA in every block and produced 7,768,665 blocks in the last 90 days — a measured 1.0009s interval, slightly slower than the 1s the chain aims for. The chain's own counter puts the mint at 74.58M KAIA, about 4.73% a year. There is no cap, no halving and no taper, so this is the same number every quarter.
KAIA is fully unlocked. The genesis allocations and the merger swap allocation both finished releasing before this window opened, and no cliff falls in the next 90 days.
Three fund wallets are tracked: the ecosystem fund at ~150.3M KAIA, the infrastructure fund at ~69.3M, and the contribution-reward pool at ~2.2M. Each of the first two takes 2.4 KAIA out of every block. The infrastructure fund moved 30.0M to its spending wallet on Jun 16 2026 and the ecosystem fund last moved 30.0M on Mar 24 2026 — but every one of those wallets already counts as circulating, so a transfer between them adds nothing new. Together the three grew 9.5M over the window.
No bankruptcy estate and no trustee distribution schedule exists for KAIA.
No public evidence of release in window — monitored. Kaia runs no buyback programme, and the two treasury-rebalance burn counters on the chain ended the 90 days on exactly the values they started on.
Kaia burns part of the gas fee on every block, and the chain's burn counter shows 155,124 KAIA destroyed over the last 90 days. That covers about one KAIA in every 481 minted. A Jul 23 2026 reform halved the share that gets burned, so the forward figure drops to about 0.09M.
No public evidence of release in window — monitored. No disclosed open-market purchase of KAIA by any project entity.
Staking on Kaia is a delegation that can be undone, not a lock, and no new lockup contract was deployed in the window.
A Jul 23 2026 reform stopped paying 10% of each block to the block proposer and started paying it into a contribution-reward pool instead, at 0.96 KAIA a block. Whatever the pool fails to hand out gets burned in a batch once every three cycles, and the first cycle closes around Oct 21 2026. The pool holds ~2.2M KAIA and has paid out and burned nothing so far, and no burn size has been published.
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