MrNasdog
KKAS · Kaspa
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MrNasdog Pressure Framework

KAS · fair-launch BlockDAG, smooth monthly halving.

Last 90 days: ~234M KAS minted to miners on the chromatic emission curve (per-second reward decays by factor 0.9439 each calendar month). Empty buy ledger — no buyback, no burn, no Foundation treasury (fair-launch, no premine, no team allocation). Net +0.85% / 90D. Next 90 days: three more monthly steps inside the window starting June 5, 2026 when per-block reward drops 2.75 → 2.60 KAS.

Inflation
Last 90 Days
+0.85%
updated · Jun 4 2026
Net flow: 0.85% of supply goes to market over 90 days
Next 90 Days
+0.71%
estimate
Net flow: 0.71% of supply goes to market next 90 days
Supply growing · projected to keep growing
monitor gap · primary +0.85% kept; monitor reads +2.44%. Step 3.5 deep-walk: monitor under-reported Feb 28 supply by ~503M (aggregator step-function re-baseline over the window). Primary deterministic chromatic curve kept.
Upcoming · Next 90 Days
Jun 5 2026 · Chromatic monthly halving step: 2.75 → 2.60 KAS/block · −5.4% per-block emission
Sell pressure
1. Protocol inflation

Chromatic emission: per-second reward decays by factor 0.9439 each calendar month (halves every 12 months). Current rate 2.75 KAS/block (= 27.5 KAS/sec at 10 BPS). Next 90D contains 3 monthly halving steps INSIDE the window (June 5 / July 5 / August 5). Piecewise integration ≈ 193.7M KAS / 90D.

~193.7M KAS
updated · Jun 4 2026
2. Vesting unlocks

Fair launch November 7, 2022 (mainnet). No premine, no team allocation, no ICO. No vesting schedule has ever existed.

0 KAS
permanent · no change
3. Foundation + unscheduled unlocks

Kaspa has NO Foundation treasury and NO protocol-allocated reserve. Genesis coinbase embedded Bitcoin block hashes as anti-pre-mine timestamps. Row is structurally 0 by design — same shape as DOGE / XMR / ETC.

0 KAS
permanent · no change
4. Long-term locked or bankruptcy

No bankruptcy estate. Pure-PoW BlockDAG (GHOSTDAG) — no native staking, no lockup mechanism.

0 KAS
permanent · no change
Buy pressure
1. Programmatic buyback

No buyback mechanism exists.

0 KAS
permanent · no change
2. Protocol fee burn

No fee burn mechanism. Transaction fees flow to miners.

0 KAS
permanent · no change
3. Foundation buy

No Foundation exists.

0 KAS
permanent · no change
4. New long-term lock

Pure-PoW BlockDAG. No native staking, no lockup programme.

0 KAS
permanent · no change

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Algorithm check · raw inputs & outputs
 
Last 90D
Next 90D
Sell total (M KAS)
233.700
193.700
Buy total (M KAS)
0.000
0.000
Sell % of circ
+0.851%
+0.705%
Buy % of circ
0.000%
0.000%
Inflation (sell − buy) %
+0.851%
+0.705%
Score (0–6)
3
3
Verdict
mixed
mixed
Circulating supply: 27470.000M KAS · inflation = (sell − buy) / circulating × 100
Read the full Pressure Framework analysis
KAS: fair-launch BlockDAG, smooth monthly halving, empty buy ledger.
Long-form 4×2×2 source-grid read. ~5 min.

MrNasdog Pressure Framework analysis of KAS, Metrics 1 & 2. Data + explanation only. Not financial advice. Updated May 28, 2026.