Native settlement unit
Every cleared transaction executes its on-chain leg in LKUN. There is no settlement path that bypasses it.
05 · LKUN
Load-bearing at four points. Absent from the payment experience.
Services price in stable value. LKUN executes the on-chain settlement leg, bonds nodes and underwriters, and meters identity and credit-tier consumption.
Canonical supply
1,000,000,000
Fixed at genesis · no mint authority
Fee mechanics
Burn + priority
Base burned · priority to executing node
Emission gate
Verified volume
Identity-attested · non-self-dealing
Junior haircut
50.0%
Governance band 35%–65%
Fuel & bonding
Network fees, node bonds, junior underwriting capital, and identity registration all consume or lock LKUN.
Protocol-neutral service
Any supported standard and any supported asset still generate LKUN-denominated network fees when Alliance nodes clear the flow.
06 · Allocation
Largest tranche unlocks only on verified volume.
Ecosystem incentives are milestone-gated. Calendar alone never unlocks them. Absent verified commercial settlement, those tokens stay unissued.
- 42%Ecosystem incentives
Milestone-gated on verified volume
- 15%Early backers
Cliff then linear
- 14%Core contributors
Extended cliff then linear
- 12%Treasury
Governance proposal · annual cap
- 6%Network bootstrap
Participation-earned
- 6%Public distribution
Partial at distribution · remainder linear
- 5%Liquidity formation
Lock-verified positions
Ecosystem emission rungs
M1$50M
10% · 42M LKUN
M2$250M
20% · 84M LKUN
M3$1B
30% · 126M LKUN
M4$5B
40% · 168M LKUN
Protocol revenue split
Base fee floor 0.0005 LKUN + 2.5 bps on settled value. Priority fees compensate nodes and never enter protocol control.