KUMA Interest Bearing Token (KIBT)

KIBTokens are rebase tokens minted and burned by the KUMASwap contract upon sale and purchase of KUMA NFTs. KUMA NFTs back KIBT and determine the yield earned on them. Yield collected by the KUMA NFTs in the KUMASwap reserve is distributed to KIBTokens holders directly by increasing their wallet balance on a set interval, referred to as epoch.

Interest Bearing Logic

ERC-20 Compliance and Updates

Balance Accounting