Collected source record

KAST decided not to do a TGE. Eligible points will become 'KAST Pioneer Units' in December. Basically, points they might pay out later, but don't have to. No equity, no voting…

Ignas / DeFi Research
Published: 2026-11-02 10:07 UTC
Collected: 2026-11-02 11:55 UTC
Original language: Not supplied by source

Original source excerpt

KAST decided not to do a TGE. Eligible points will become 'KAST Pioneer Units' in December. Basically, points they might pay out later, but don't have to. No equity, no voting rights. Unfortunate…

KAST decided not to do a TGE. Eligible points will become 'KAST Pioneer Units' in December. Basically, points they might pay out later, but don't have to. No equity, no voting rights. Unfortunate that tokens are becoming unattractive to crypto native teams. Something like Backpack stake for equity model with revenue buybacks for token would've been sexy. But I'll let them ship

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