Stake your ETH and get KALA with 0% rate
KALA Money is a programmable stable coin designed to preserve real purchasing power rather than track a fiat currency. Its value dynamically adjusts based on economic fundamentals instead of remaining fixed to USD.
Non-fiat pegged means KALA does not attempt to maintain a constant $1 price. Instead, its price reflects changes in purchasing power, hard asset value.
Traditional stablecoins inherit inflation risk and dependency on national monetary policy. KALA removes this dependency by dynamically adjusting its USD value to preserve long-term economic value.
KALA uses an oracle-based index that tracks purchasing power, gold, silver, and Ethereum gas costs. Its price adjusts automatically based on changes in these components.
Users stake ETH into the protocol. The ETH is placed into a buffer fund and delegated to validators, allowing users to mint KALA as long as they satisfy the required collateral ratio.
No. KALA uses a 0% interest model. All operational costs and risk coverage are funded by ETH staking rewards.
The Kala Save Buffer is a collective reserve funded entirely by staking yields. It acts as slashing insurance, protocol solvency support, and a dynamic risk absorber.
The target collateral ratio adjusts automatically based on buffer solvency, market volatility, and ETH liquidity conditions, improving capital efficiency without sacrificing security.
KALA uses an cre (Chainlink Runtime Environment) to execute complex, off-chain computations securely. This infrastructure aggregates real-time data from multiple decentralized oracles spanning purchasing power indices, commodities, and network costs before verifying it on-chain. By leveraging CRE, KALA ensures that its purchasing power peg remains tamper-proof, transparent, and responsive to global economic shifts without burdening the Ethereum mainnet with excessive gas costs.
Risks include oracle failures, extreme validator slashing events, liquidity delays during exits, and broader Ethereum network risks.