📄Protocol Specifications

Protocol revenue and sustainability

Ninja Garden is an ecosystem created to optimise the churning of revenue where a portion of that revenue is passed back to our $KUNAI governance token holders. The following outlines our revenue pipeline:

• Operation of a Ninja Garden validator that yields 5% commissions

• Operation of the gINJ liquid staking derivative that yields a 2% exit tax for users who seek to unbond.

• Operation of a INJ-gINJ linear swap contract that takes 0.1% swap fees while facilitating liquidity for gINJ holders.

• Operation of a social-fi DAPP that sells keys where 4% trading fees is issued as protocol revenuve. (This is opposed to other Social-Fi where 5% of trading fees are issued to devs).

• Passive gINJ yield of ~17% APY that is generated by idle INJ resulting from purchased keys that are held and not actively traded.

With a simple TVL of $5 mil USD worth of INJ, our protocol will be generating close to $800k USD annually purely based on staking yields. Trading fees resulting from key trades and INJ-gINJ linear swaps will seek to supplement all of the above.

Protocol revenue that is generated is eventually passed back on to KUNAI holders. Once Ninja Garden has hit a sweet spot in terms of growth and size, emissions will be lowered dramatically to reward early KUNAI holders.