# Introduction
Source: https://docs.kittenswap.finance/introduction
Welcome to Kittenswap - A ve(3,3) DEX on HyperEVM
![Kittenswap Light]()
![Kittenswap Dark]()
## What is Kittenswap?
Kittenswap is a decentralized exchange (DEX) built on HyperEVM that implements the innovative ve(3,3) tokenomics model. Our platform combines the efficiency of automated market makers (AMMs) with a unique token distribution and governance system that aligns the interests of all participants.
## Modular Architecture with Algebra Integral
Kittenswap uses a modular architecture built with [Algebra Integral](https://docs.algebra.finance/algebra-integral-documentation/), a cutting-edge AMM framework that separates the immutable Core from customizable Plugins. This architecture provides:
### Key Benefits of Modular Design
* **Concentrated Liquidity**: Advanced capital efficiency through precise liquidity positioning
* **Flexible Customization**: Plugin system allows for tailored features without compromising core security
* **Battle-Tested Infrastructure**: Built on Algebra's proven technology that powers 50+ DEXes with \$150B+ in trading volume
* **Upgradeable Features**: Modular plugins enable continuous innovation and feature enhancement
* **Optimal Performance**: Efficient swap calculations and gas optimization
## The ve(3,3) System
The ve(3,3) system is a revolutionary tokenomics model that creates a sustainable and efficient DeFi ecosystem. Here's how it works:
### Core Components
1. **Voting Escrow (ve)**
* Users lock their tokens to receive voting power
* Longer lock periods result in higher voting power
* Locked tokens cannot be transferred or sold
2. **(3,3) Game Theory**
* Based on the prisoner's dilemma concept
* Encourages cooperation among participants
* Rewards long-term holders and active participants
### Benefits
* **Sustainable Emissions**: Controlled token distribution that rewards long-term holders
* **Voting Power**: Locked tokens grant voting power to vote on the distribution of emissions
* **Fee Distribution**: Trading fees are distributed to ve-token holders
* **Flywheel Effect**: Reinforces the ecosystem by incentivizing and rewarding long-term users, voting participation, and fee generation
## Built on HyperEVM
Kittenswap leverages HyperEVM's advanced capabilities to provide:
* **High Performance**: Lightning-fast transactions and minimal latency
* **Cost Efficiency**: Optimized gas fees and transaction costs
* **Security**: Enterprise-grade security with EVM compatibility
* **Scalability**: Built to handle growing user demand
## Getting Started
Check out our app to interact with Kittenswap
Start trading tokens on Kittenswap
Lock your tokens to participate in governance
Participate in our points system
## Why Choose Kittenswap?
* **Proven and Innovative Tokenomics**: The ve(3,3) system creates sustainable value for all participants
* **Community-Driven**: Voting power in the hands of token holders
* **Efficient Trading**: Advanced AMM with optimal pricing and liquidity
* **Secure Platform**: Built on HyperEVM with enterprise-grade security
* **User-Friendly**: Intuitive interface for seamless trading and governance
Join us in building the future of decentralized finance on HyperEVM with Kittenswap!
# Roadmap
Source: https://docs.kittenswap.finance/roadmap
The development roadmap and future plans for Kittenswap
Our roadmap outlines the key development phases and milestones for Kittenswap. Each phase builds upon the previous one, creating a comprehensive DeFi ecosystem.
## Phase 1: Foundation (complete)
In Phase 1, we will be deploying standard DEX contracts:
* vAMM (volatile) pools
* sAMM (stable) pools
## Phase 2: Concentrated Liquidity (complete)
In Phase 2, we will expand into concentrated liquidity (clAMM) by:
* Implementing a custom solution to gauges, rewards, and voting
* Utilizing partial GPL forked concentrated liquidity contracts
* Optimizing capital efficiency for liquidity providers
## Phase 3: ve(3,3) Tokenomics (complete)
In Phase 3, the core ve(3,3) tokenomics will be deployed which enables:
* KITTEN emissions
* veKITTEN NFT voting power to direct KITTEN emissions
* vAMM and sAMM gauges
* clAMM gauges
* Bribing (incentives) markets
## Phase 4: Advanced Tokenomics (Work In Progress...)
In Phase 4, we will be expanding our Tokenomics to implement our tri-token model vision and flywheel, featuring:
* **Kitten Academy (live)**
* Rewards for long-term veKITTEN participants
* Incentivized platform engagement
* **Dynamic Fees (live)**
* Protect liquidity providers during high volatility
* Maximize capture of fees during high volatility
* **Dynamic Emissions (live)**
* Adjusted emissions based on DEX market conditions
* Controlled scaling for KITTEN in circulation
* **xKITTEN Tokenomics**
* More information coming soon...
# Deployed Contracts
Source: https://docs.kittenswap.finance/tokenomics/deployed-contracts
List of deployed smart contracts and their functions in the Kittenswap ecosystem
## HyperEVM Mainnet
### Current Active Contracts
| Contracts | Explorer (verified) |
| ---------------------------------- | ------------------------------------------------------------------------------------------ |
| AlgebraFactory | [HyperEVMScan](https://hyperevmscan.io/address/0x5f95E92c338e6453111Fc55ee66D4AafccE661A7) |
| Quoter | [HyperEVMScan](https://hyperevmscan.io/address/0x3aA96eDb755C44F3E50C5408a36abb52f28326Ba) |
| QuoterV2 | [HyperEVMScan](https://hyperevmscan.io/address/0xc58874216AFe47779ADED27B8AAd77E8Bd6eBEBb) |
| SwapRouter | [HyperEVMScan](https://hyperevmscan.io/address/0x4e73E421480a7E0C24fB3c11019254edE194f736) |
| NonfungibleTokenPositionDescriptor | [HyperEVMScan](https://hyperevmscan.io/address/0x2A8831aD920ae75Ca715DFd98C6cEF3f081c0248) |
| AlgebraEternalFarming | [HyperEVMScan](https://hyperevmscan.io/address/0xf3b57fE4d5D0927C3A5e549CB6aF1866687e2D62) |
| FarmingCenter | [HyperEVMScan](https://hyperevmscan.io/address/0x211BD8917d433B7cC1F4497AbA906554Ab6ee479) |
| TickLens | [HyperEVMScan](https://hyperevmscan.io/address/0x652071af348a44d38be519fa17ee9183a6e38f99) |
| NonfungiblePositionManager | [HyperEVMScan](https://hyperevmscan.io/address/0x9ea4459c8DefBF561495d95414b9CF1E2242a3E2) |
| Kitten | [HyperEVMScan](https://hyperevmscan.io/address/0x618275f8efe54c2afa87bfb9f210a52f0ff89364) |
| veKITTEN | [HyperEVMScan](https://hyperevmscan.io/address/0x29d3a21ff35a519e00cf6d272f2ad897b109bd84) |
| Voter | [HyperEVMScan](https://hyperevmscan.io/address/0xb7F7053F7e6c210e6777D5BA758E4b3ECa6C88A0) |
| RebaseReward | [HyperEVMScan](https://hyperevmscan.io/address/0xDd002E8DF80ccB7A8964BFef6e15ee36D414fC36) |
| Minter (deprecated) | [HyperEVMScan](https://hyperevmscan.io/address/0xD96dF302981554135Ce7440F998F6D80C164bedb) |
| TimelockController | [HyperEVMScan](https://hyperevmscan.io/address/0xFa31F79e4306dcA84cc2C14A9ba68f9298959fF7) |
| Minter (dynamic emissions) | [HyperEVMScan](https://hyperevmscan.io/address/0xac36d3671f21A5056Cd1751E201574d702748C7A) |
### Deprecated Contracts
**Phase 1 (Legacy - no longer supported)**
| Contracts | Explorer (verified) |
| ----------- | ------------------------------------------------------------------------------------------ |
| PairFactory | [HyperEVMScan](https://hyperevmscan.io/address/0xDa12F450580A4cc485C3b501BAB7b0B3cbc3B31B) |
| Router | [HyperEVMScan](https://hyperevmscan.io/address/0xd6eeffbdaf6503ad6539cf8f337d79bebbd40802) |
**Phase 2 (Legacy - no longer supported)**
| Contracts | Explorer (verified) |
| --------------- | ------------------------------------------------------------------------------------------ |
| CLFactory | [HyperEVMScan](https://hyperevmscan.io/address/0x2E08F5Ff603E4343864B14599CAeDb19918BDCaF) |
| NFP | [HyperEVMScan](https://hyperevmscan.io/address/0xB9201e89f94a01FF13AD4CAeCF43a2e232513754) |
| SwapRouter | [HyperEVMScan](https://hyperevmscan.io/address/0x8fFDB06039B1b8188c2C721Dc3C435B5773D7346) |
| QuoterV2 | [HyperEVMScan](https://hyperevmscan.io/address/0xd9949cB0655E8D5167373005Bd85f814c8E0C9BF) |
| FactoryRegistry | [HyperEVMScan](https://hyperevmscan.io/address/0x8C142521ebB1aC1cC1F0958037702A69b6f608e4) |
**Phase 3 (Legacy - no longer supported)**
| Contracts | Explorer (verified) |
| ------------------- | ------------------------------------------------------------------------------------------ |
| GaugeFactory | [HyperEVMScan](https://hyperevmscan.io/address/0x72490535A73cf5C66c3BC573B5626DE187DcE9E4) |
| VotingRewardFactory | [HyperEVMScan](https://hyperevmscan.io/address/0x9f7dc78cA10798fE1C5c969b032596A3904db3eE) |
| CLGaugeFactory | [HyperEVMScan](https://hyperevmscan.io/address/0xb4E61995D9525f642611e31f05f48a6DEE5344D2) |
***
**Note:** The deprecated contracts above are no longer **actively supported** and used in the current Kittenswap ecosystem, but remain deployed for historical reference and potential legacy interactions.
You can interact with them here: [https://legacy.kittenswap.finance](https://legacy.kittenswap.finance)
# Initial Distribution & Dynamic Emissions
Source: https://docs.kittenswap.finance/tokenomics/initial-distribution
Detailed breakdown of Kittenswap's token distribution and emission schedule
## Token Distribution Overview
The initial distribution of KITTEN tokens is designed to ensure long-term sustainability and fair participation across all users in the ecosystem.
### Initial Total Supply Breakdown
Total Supply: 1,000,000,000 KITTEN tokens
| Category | Allocation | KITTEN/veKITTEN | Details |
| -------------------------------- | ----------------- | ----------------- | --------------------------------------------------------------- |
| Airdrop | 350,000,000 (35%) | veKITTEN | Airdrop for early adopters and participants in Kittenswap |
| Raise & TGE | 150,000,000 (15%) | KITTEN & veKITTEN | Initial token generation event for public sale of KITTEN tokens |
| Initial Liquidity | 100,000,000 (10%) | KITTEN | Paired with HYPE for the initial liquidity for KITTEN |
| Team, Contributors & Development | 200,000,000 (20%) | veKITTEN | 100% in veKITTEN |
| Treasury | 100,000,000 (10%) | veKITTEN | Treasury for Kittenswap and ecosystem growth |
| Kitten Academy | 100,000,000 (10%) | veKITTEN | More information coming soon... |
## Detailed Distribution
### Airdrop (35%)
The largest portion of tokens is allocated to the airdrop for early adopters with aligned interests with Kittenswap:
1. **Liquidity**
* Distributed to liquidity providers
* Weighted and bootstrapped by points
* Points boosted with multiplier
2. **dApp Interactions**
* For early adopters
* Early participants in testing and using our dApp
3. **Community**
* Through point distribution to community feedback users
* To active participants in testing and reporting feedback
### NFT & Public Raise - TGE (15%)
15% of the allocation will be reserved for raising funds:
1. **MechaCats Snapshot Phase**
* 3% @ 2.5M FDV
* Snapshot of MechaCats holders on the 12th May 2025, 16:00 UTC
2. **Phase 1**
* 6% @ 8M FDV
* Snapshot of points early adopters for round 1 whitelist
3. **Phase 2**
* 2% @ 9.3M FDV
* Whitelisted to NFT communities and Mechacats
4. **Phase3**
* 4% @ 13M FDV
* Whitelisted to DeFi users on HyperEVM and Mechacats
### Liquidity (10%)
Up to 10% will be paired with HYPE raised to form the initial protocol-owned liquidity.
### Team, Contributors & Development (20%)
The allocation is subjected to a max lock of veKITTEN to align long-term interests:
* 100% in veKITTEN
* veKITTEN is max locked for 2 years
### Treasury (10%)
10% will be reserved for the Treasury for Kittenswap and ecosystem growth.
This includes:
* Bootstrapping initial pools via bribes and incentives
* Future growth incentives
* Platform community development and expansion
* Allocation for future opportunities and challenges
* And more...
### Kitten Academy (10%)
More information about Kitten Academy can be found [here](/tokenomics/kitten-academy).
## Emission Voting
veKITTEN holders have significant control over emissions:
### Voting Power
* Proportional to lock duration
* Maximum voting power for 2-year locks
### Gauge Weight Voting
Voters can influence:
* Gauge-specific emission rates
* Directly influence the APR of each liquidity pool
## Emission Schedule
The emission schedule is designed to maintain long-term sustainability while providing attractive rewards to participants in Kittenswap.
### Decaying Emissions
By default, Kittenswap implements a decaying emission schedule that gradually reduces emissions by 1% over time.
### Dynamic Emissions
Optionally, Kittenswap also implements dynamic emission that adjusts the emissions based on market conditions up to an increase or decrease of 25% per epoch.
### Example Weekly Emission Structure
| Epoch | Default Decaying Emissions | Dynamic Change | Emissions |
| ----- | ------------------------------ | -------------- | ------------------------- |
| 1 | 20,000,000 KITTEN | 0% | **20,000,000 KITTEN** |
| 2 | 19,800,000 KITTEN (decay 1%) | +10% | **21,780,000 KITTEN** |
| 3 | 21,562,200 KITTEN (decay 1%) | -5% | **20,484,090 KITTEN** |
| 4 | 20,279,249.1 KITTEN (decay 1%) | -25% | **15,209,436.825 KITTEN** |
### Incentive Allocation
Kittenswap will also allocate a portion to encourage ecosystem growth and future incentives. This includes:
* Kitten Academy
* More information coming soon...
### Treasury Allocation
To cover ongoing expenses and development, Kittenswap will allocate a portion of up to 10% of emissions to the Treasury.
# Kitten Academy
Source: https://docs.kittenswap.finance/tokenomics/kitten-academy
Kittenswap Kitten Academy
The Kitten Academy is a rewards program designed to incentivize long-term token holding and community participation.
## Eligibility Requirements
To become eligible for Academy distributions, you must:
* Lock a minimum of **10,000 veKITTEN tokens**
## Distribution Mechanism
* **Frequency**: Every 2 weeks
* **Source**: Kitten Academy veKITTEN revenue used to obtain KITTEN tokens from the open market and [Incentive Allocation](/tokenomics/initial-distribution#incentive-allocation)
* **Process**: Purchased tokens are locked into veKITTEN NFTs for distribution
* **Allocation**: Distributions are proportional to your locked amount above the 10K minimum threshold
## How It Works
1. Lock at least 10,000 veKITTEN tokens
2. Wait for the bi-weekly distribution cycle
3. Receive your proportional share of the treasury-funded KITTEN token distribution
4. The more you lock above the minimum, the larger your distribution share
This mechanism ensures that committed community members who demonstrate long-term belief in Kittenswap are rewarded with additional ownership, creating a sustainable incentive structure.
# Kitten Cartel
Source: https://docs.kittenswap.finance/tokenomics/kitten-cartel
Partner Protocol Bribery Program
The Kitten Cartel is a strategic partnership program that creates a positive flywheel for liquidity by incentivizing partner protocols to participate in the Kittenswap ecosystem.
## How It Works
When a protocol joins the Cartel and bribes their pool on Kittenswap:
1. **Bribery**: Partner protocols provide bribes to incentivize liquidity providers
2. **Reward**: The treasury distributes veKITTEN tokens to the partner protocol
3. **Amount**: The veKITTEN reward is proportional to the bribe amount
4. **Flywheel Effect**: This creates a sustainable cycle of liquidity and protocol growth
## Benefits for Partner Protocols
* **Earn veKITTEN**: Receive governance tokens from the treasury based on bribe contributions
* **Enhanced Liquidity**: Bribes attract more liquidity providers to your pool
* **Protocol Growth**: Increased liquidity leads to better trading conditions and volume
* **Governance Rights**: Earned veKITTEN provides voting power in Kittenswap governance
## Benefits for Kittenswap
* **Increased Liquidity**: More protocols bribing means more total liquidity
* **Treasury Utilization**: Strategic distribution of veKITTEN to valuable partners
* **Ecosystem Growth**: Attracts high-quality protocols to the platform
* **Sustainable Model**: Creates long-term incentives for protocol participation
## The Positive Flywheel
The Kitten Cartel creates a self-reinforcing cycle:
1. Partner protocols bribe their pools to attract liquidity
2. Treasury rewards them with veKITTEN proportional to their bribe
3. More veKITTEN means more governance power and potential future rewards
4. This incentivizes larger bribes and attracts more protocols
5. Increased participation leads to more liquidity and better trading conditions
6. Better conditions attract more users and volume, benefiting all participants
This mechanism ensures that protocols that contribute to Kittenswap's success are rewarded with long term ownership, creating a sustainable and mutually beneficial ecosystem.
# KITTEN Token
Source: https://docs.kittenswap.finance/tokenomics/kitten-token
Comprehensive guide to the KITTEN token, its utilities, and mechanics
# KITTEN Token
The KITTEN token is the core asset of the Kittenswap ecosystem, designed to align incentives between liquidity providers, traders, and governance participants.
## Token Overview
* **Name**: KITTEN Token
* **Symbol**: KITTEN
* **Decimals**: 18
* **Chain**: HyperEVM
* **Contract**: `0x618275F8EFE54c2afa87bfB9F210A52F0fF89364`
* **Token Standard**: ERC-20
## Core Functions
### Governance Rights
KITTEN tokens can be locked to create veKITTEN, which grants:
* Voting power in protocol governance
* Gauge weight allocation
### veKITTEN Voting Rewards
* 100% of protocol trading fees
* Boosted rewards based on lock duration (as voting power)
* Weekly distributions of fees over time
* Gauge voting incentives and bribes
* Weekly rebase rewards
## Token Mechanics
### Locking Mechanism
KITTEN can be locked to create veKITTEN:
```mermaid theme={null}
graph LR
A[KITTEN Token] -->|Lock| B[veKITTEN]
B -->|Time Lock| C[Lock Duration]
C -->|Determines| D[Voting Power]
C -->|Affects| E[Gauge Emissions]
D -->|Affects| E[Gauge Emissions]
```
### Lock Parameters
* **Minimum Lock**: 1 week
* **Maximum Lock**: 2 years
* **Lock Increments**: 1 week
* **Decay**: Linear
## xKITTEN
More information coming soon.
# Kittenswap Point Season
Source: https://docs.kittenswap.finance/tokenomics/point-season
Kittenswap Point Season is a reward program designed to incentivize long-term participants in the Kittenswap ecosystem.
## Point Season 1
During the initial Phase 1 and Phase 2 of Kittenswap, participants could accumulate points by engaging and providing liquidity via our dApp.
Points are distributed hourly based on point-incentivized pools.
## Point Season 2 (WIP)
Participants will be able to accumulate points for Season 2 by:
* Providing liquidity
* Participating in Kitten Academy by locking KITTEN for veKITTEN
Points are currently distributed hourly and updated on the points page.
More information coming soon...
##
# Security
Source: https://docs.kittenswap.finance/tokenomics/security
Kittenswap's comprehensive security measures and risk management
## Underlying Infrastructure Security
Kittenswap is built on [Algebra Finance](https://docs.algebra.finance/algebra-integral-documentation/), a battle-tested AMM infrastructure that powers 50+ DEXes across EVM chains with over \$150 billion in cumulative trading volume. As the 8th most forked DEX protocol on DeFiLlama, Algebra provides the robust foundation for our exchange.
### Algebra's Security Credentials
Algebra's infrastructure has undergone extensive security audits by leading firms:
**Algebra Integral (Latest Version):**
* Bailsec
* ABDK
* MixBytes
* Paladin
* Hexens
This multi-layered audit approach by top-tier security firms provides exceptional confidence in the underlying protocol security.
## Kittenswap-Specific Security
Inherited security from audited MIT contracts.
External audits - if any audits will be taking place, we will ensure clear transparency on which auditor, which ensures the community is well informed in advanced.
Current audits:
* [Pashov Audit Group](https://x.com/PashovAuditGrp)
* [Audit 1 - Legacy Contracts](https://github.com/pashov/audits/blob/master/team/pdf/KittenSwap-security-review_2025-05-07.pdf)
* [Audit 2 - Legacy Contracts](https://github.com/pashov/audits/blob/master/team/pdf/KittenSwap-security-review_2025-06-12.pdf)
* [Audit 3 - Current Contracts](https://github.com/pashov/audits/blob/master/team/pdf/KittenSwap-security-review_2025-07-31.pdf)
Ownership of proxy contracts will be transferred to the TimelockController contract once all set up has been completed - from there any upgrades or owner-related functions will be executed through the TimelockController contract.
The current delay is 1 minute and will change to 24 hours after initial transfer ownership set up for proxy contracts.
# Public raise & Token Generation Event (TGE)
Source: https://docs.kittenswap.finance/tokenomics/tge
Details about Kittenswap's Token Generation Event and launch strategy
## Overview
The Kittenswap Token Generation Event (TGE) **was** designed to ensure a fair and transparent distribution of KITTEN and veKITTEN tokens and has **successfully concluded**, establishing a strong foundation for the protocol's long-term success.
The raise for TGE **was held** in HYPE tokens on the HyperEVM over multiple rounds.
Participants can **now** claim their veKITTEN and KITTEN tokens on the dApp.
## TGE raise price
15% of the veKITTEN/KITTEN **was** allocated for the TGE. The price was based on the raise FDV and round type. Read more about the [NFT & Public Raise - TGE](/tokenomics/initial-distribution#nft-%26-public-raise-tge-15%25) of KITTEN and veKITTEN tokens.
## Launch price & initial liquidity
32,250 HYPE **was** paired with 60,000,000 KITTEN tokens (6% allocation) in a vAMM-KITTEN/HYPE pool to form the initial liquidity.
The initial price of KITTEN **was** approximately 0.0005375 HYPE per KITTEN at launch.
## Claiming veKITTEN and KITTEN
At launch, claiming **was** available on the dApp, given a user-defined ratio (and instant exit penalty applied). Participants can still adjust their claim ratio under the same conditions.
The ratio will start at:
* 100% veKITTEN
* 0% KITTEN
By increasing the KITTEN ratio, participants **needed** to pay an instant exit penalty of 50% in HYPE token at the launch price.
The maximum ratio **was**:
* 50% veKITTEN
* 50% KITTEN
All exited penalties from the TGE **have been used** to defend the price floor and pair with the remaining 40,000,000 KITTEN tokens (4% allocation) to increase the protocol-owned liquidity.
## Raised HYPE funds distribution
32,250 HYPE **has been paired** with KITTEN in a vAMM to form the initial liquidity pool.
The remaining HYPE **is** held in the treasury:
* External audits (when required) will be paid out from this
* Liquidity and vote bribing incentives
* Runway for development
# Treasury Overview
Source: https://docs.kittenswap.finance/tokenomics/treasury-overview
Overview of Kittenswap treasury wallets and deployment strategy
Kittenswap maintains separate wallets to keep treasury funds organized and transparent. You can inspect each wallet in real-time on DeBank.
## Wallet Addresses
Address: `0x907438e82802C48d754EA87910feaCCbe7ecd063`
Address: `0x5FFF54dEeB9CDBC7Af6299B05766b6DfA05b016b`
Address: `0x52254864Cb9eC516a0833ea58C35E063Ea1C9dE6`
### Treasury Snapshot (as of 8 September 2025)
| Wallet | HYPE | KITTEN |
| -------------------------------- | ---------------------------- | ----------------------------- |
| Operations | 21k HYPE (**\$1,082,040**) | — |
| Treasury | 1.9k HYPE (**\$99,726.01**) | 32M KITTEN (**\$335,867.70**) |
| Kitten Academy | 3.9k HYPE (**\$203,745.39**) | — |
| Other assets | — | — |
| **Total (ex KITTEN / veKITTEN)** | **\$1,385,511.40** | — |
#### Breakdown
* **Total (ex-KITTEN / veKITTEN)**: \$1,385,511.40
* **KITTEN holdings**: 32,000,000 KITTEN (\$335,867.70)
* **Protocol-owned liquidity (Treasury)**:
* \$1,000,000 KITTEN
* \$1,000,000 HYPE
* **Grand total (incl. KITTEN + POL)**: \$3,721,379.10
***
## Fund Deployment Plan
Fund deployments is subject to change based on market conditions.
1. **Buybacks & Relocks**
* Deploy a portion of current and future treasury revenue to purchase **KITTEN**, which will be locked
* Sell portion of voting rewards for **HYPE** → buy **KITTEN** → relock.
2. **Liquidity for KITTEN/HYPE**
* Use treasury **HYPE** to seed additional liquidity in the `KITTEN/HYPE` pair.
* Keep the treasury **KITTEN** position **unstaked** once emissions begin to boost the pair’s APY and encourage community liquidity.
3. **Pool Incentives**
* Allocate treasury **HYPE** to bootstrap high-fee pools,
specifically `HYPE/Stable` pairs and KITTEN/HYPE
4. **KITTEN/USDC on Core**
* Establish a `KITTEN/USDC` pool on Core.
* This will require swapping a portion of **HYPE** → **USDC** to bootstrap liquidity.
***
> **Transparency First**\
> All treasury movements are executed on-chain and can be tracked via the wallet links above.
Have ideas or questions about treasury usage? Join the conversation in our [Discord](https://discord.com/invite/rRkWCYPeas)!