xKALA

xKALA emerges as a novel innovation crafted by the Kalax team, aimed at tackling the sustainability hurdles linked with the inherent oscillations in flywheel operations. It furnishes users with a range of conversion alternatives to both $KALA and veKALA, each accompanied by distinct penalties and vesting durations. xKALA has a fixed rate towards $KALA and veKALA. $KALA and xKALA can be swapped for each other.

Conversion alternatives for xKALA:

1 xKALA (Lock 60 Days) = 1 $KALA + 1000 veKALA

1 xKALA < – > 0.4 $KALA ( No lock-up Period)