Docs
How Konus works
A short guide to the product thesis behind $KONUS — exit liquidity, priced-in yield, and what we mean when we say there is no bad time to leave.
The exit is the product
Every yield product has a hidden cost people don't price until they need out: the epoch, the cooldown, the withdrawal queue, the unwind.
Konus is a liquidity argument, not a rate argument. You can leave at any block — and the accrued yield leaves with you.
How the mechanic works
Yield is priced into the token rather than claimed from it. Nothing accrues on the side, nothing is stranded mid-cycle, no partial epoch gets forfeited.
Selling the share sells the position and the earned fees together, at the same instant, to a buyer who doesn't need to know anything about a vault schedule.
Who it's for
Anyone whose capital has an unpredictable call on it — traders who need margin on short notice, treasuries that can't lock funds, market makers who need positions to be inventory rather than commitments.
These people currently accept a lower rate elsewhere purely to keep optionality. Konus sells that optionality back.
Secondary markets
Pledging a token needs a lending venue to underwrite you. Selling one only needs a counterparty.
$KONUS is meant to move through launch markets, DEX pools, OTC desks, and treasury transfers — without permission or integration work.
Technical proof
The share price is read from contract storage, not from a feed. There is no oracle in the redemption path.
Anyone pricing the token has nothing external to underwrite — a smaller ask than trusting contracts as collateral.
The honest constraint
Instant redemption is only real as long as the underlying is liquid. If the pool is thin, “redeem any block” becomes “redeem any block at a price you won't like.”
The claim is about the absence of protocol-imposed delay — not about market depth.
Try it, then trade it
Use the Exit Lab on the homepage to feel the mid-cycle difference, then buy $KONUS on the launch market.