The KEPT token
KEPT is the protocol token. Half of every borrow fee Kept earns buys it back on the open market and burns it; the other half funds the work of running the protocol.
How value reaches the token
No emissions. No lock-ups. No games. Real revenue comes in, supply goes out and never comes back — and every step of it happens on-chain where you can watch it.
- Someone borrows. They deposit stock and take out USDG. A 1.00% fee is deducted from the amount borrowed at that moment.
- The fee lands in the fee wallet. Published on the transparency page, with its balance readable by anyone at any time.
- It splits 50/50. 50% buys KEPT on the open market and sends it to a burn address, permanently reducing supply. The remaining 50% funds development, audits, infrastructure and the cost of running Kept.
Where each fee goes
1.00% per borrowOn a $1,000 borrow the fee is $10.00 — $5.00 to buy back and burn, $5.00 to operations.
Supply is permanently deflationary
There is no faucet on the other side. Tokens bought back are sent to a burn address and leave circulation for good, so the float only ever moves one way. Every loan opened on Kept tightens it a little further — and you can follow each buyback transaction by transaction on the analytics page.
Before you buy
Two things worth reading in full, and neither of them is a pitch.
What the token is not
no claim on anything- Not a share, and not equity in any company.
- No claim on revenue, profits or assets.
- No dividend, interest or yield.
- No voting right over your funds or anyone's loan.
- Not required to use Kept — borrowing never needs it.
Buybacks and burns are a use of protocol revenue decided by the team. They are not a promise, a distribution, or a return on an investment.
Before you buy anything
high risk- Tokens are highly speculative. You can lose everything you put in.
- Nothing on this page is an offer to sell, a solicitation, or investment advice.
- It is not directed at anyone in a jurisdiction where such an offer would be unlawful.
- There is no buyback until KEPT exists and has a market to buy it on.
Do your own research, and never risk money you need.