KAS · fair-launch mining is the only source of new supply, and it slows every month.
KAS is the coin of Kaspa, a proof-of-work BlockDAG layer-1 — ~27.5B circulating out of a fixed ~28.7B cap, already about 96% mined, with no premine, no vesting and no foundation.
Sell pressure. New KAS comes only from mining — about 178M over the next 90 days, easing every month as the emission schedule steps down.
Buy pressure. Nothing offsets it — no buyback and no burn, an empty buy ledger.
Net. About +0.65% to market over 90 days — supply drifting up slowly, and the pace keeps easing.
New KAS is created only by mining, and the pace steps down about 5.6% every month on Kaspa's chromatic emission schedule — a smooth monthly version of a yearly halving. That adds roughly 178M KAS over the next 90 days, down from about 211M in the last 90, and it keeps easing toward the fixed 28.7B cap.
There is nothing to vest. Kaspa launched fair on Nov 7 2021 with no premine, no team or investor allocation and no tokens held back — every KAS in existence was mined, so no unlock schedule exists.
Kaspa has no foundation, no company treasury and no premined reserve — there is no team-held supply that could ever enter the market. Nothing to unlock here — monitored.
No bankruptcy estate and no locked allocation applies to KAS — there was never a pre-mine or escrow to release.
Kaspa runs no buyback — there is no protocol treasury or revenue used to buy KAS off the market — monitored.
Kaspa burns nothing. Transaction fees are paid to miners, not destroyed, so no supply is removed by a fee burn — monitored.
There is no foundation or company behind Kaspa doing open-market buying — monitored.
A pure proof-of-work chain has no staking or lock-up, so no new long-term lock removes supply from the market — monitored.
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