Klaytn (KLAY) Price Today

About KLAY

KLAY is the native digital asset that fuels and secures the Klaytn protocol. Klaytn was launched with 10 billion KLAY issued at genesis, and there are currently 2.6 billion KLAY coins in circulation. With every new block, 9.6 KLAY will be minted and the newly issued KLAY and the sum of transaction fees used in the block (collectively called the “block reward”) will be aggregated and distributed to the following three destination accounts in accordance to the predetermined ratio: * Klaytn Governance Council Reward: 34% * Klaytn Growth Fund (KGF): 54% * Klaytn Improvement Reserve (KIR): 12%