KRYPTOLITE is the first hybrid protocol that leverages Proof-of-Work, Proof-of-Stake and human work to create a platform that is fast, inclusive and resilient to attacks. The Kryptolite Universe is an advanced DeFi protocol designed to allow our community tap into and utilize the full potential of Decentralized Finance without the demands of active portfolio management. The KRL token is a unique utility token for the Kryptolite Universe(a.k.a KRYPTOVERSE) that is used for: • Staking to earn passive income.(% APY) and trade with up to zero fees on KryptoliteSwap. • Purchase of Exclusive KRYPTOLITE Gem NFT's. • Discounted launchpad subscriptions. • Used for governance votes to determine how network resources are allocated.. KRYPTOLITE's intention is to be globally adopted for use as a proof of stake(PoS) token which allows our community to trade with up to ZERO fees and still receive reasonable APY from staked KRL at the same time.
