Kinesis launches the Kinesis Minting Programme

Kinesis is launching the Kinesis Minting Programme (KMP), a rewarding new initiative enabling participants to continuously accumulate gold (KAU) as they mint cycle.

The programme, as outlined in the KMP Terms and Conditions enables long-term KVT holders and qualifying minters to earn 0.02% in gold (KAU) on each mint cycle, with standard minting costs covered by Kinesis. Gold rewards and cost reimbursements will be paid into the minter’s Kinesis account on a weekly basis. Importantly, there are no maximum limits on the number of mint cycles or volume minted.

The Kinesis Minting Programme will launch at 00:00 (UTC) on Tuesday 4th March. 

At the core of the KMP is mint cycling, the process where users mint gold (KAU), sell it on the Kinesis Pro exchange and repeat the cycle.

Building on the success of previous minting initiatives, the KMP is designed to stimulate repeated, high-volume engagement in the Kinesis platform. With each minter incentivised to cycle substantial volumes through the platform in a single day, the scale of transactional activity the KMP could generate becomes clear. 

It is not just the minters of Kinesis who stand to benefit from the KMP. Kinesis has activated the KMP to catalyse the Kinesis yield engine. As minters capitalise on this unique opportunity, overall transaction volume is expected to rise, significantly boosting the yields across the platform. As is the Kinesis way, the impact of the KMP will be felt by every last user of the Kinesis Monetary System.

Key Benefits of the Kinesis Minting Programme

Participants earn 2 basis points (0.02%) gold (KAU) for every completed mint cycle, providing an additional reward on top of the existing benefits of minting. 

Refunded Fees Breakdown:

As part of the KMP, participants are reimbursed for the following fees:

• Mint trade execution fee: (0.45%): charged when minting gold (KAU).
• Minting/Exchange spread (0.23%): represents the difference between the Ask in the Kinesis Mint and Bid in the Kinesis Pro exchange.
• Trade execution fee (0.22%): applied when selling gold (KAU) for USD on the Kinesis Pro exchange.

In total, 90 basis points (0.90%) are reimbursed*.

Payout schedule

Gold rewards and reimbursements are settled weekly.

Each week, gold (KAU) rewards and fee reimbursements will be accumulated from Monday at 00:00 (UTC) to the following Monday at 00:00 (UTC).

Gold reward and reimbursements will be paid out into the minter’s Kinesis account weekly, each Tuesday, going forward.

The first payout date will be Tuesday 11th March.

*In a flat market, where a mint cycle is conducted without market movement with sufficient market liquidity, the standard cost is 0.90%. As part of the KMP,  participants will receive a refund of minting costs (0.90%) along with an additional 0.02% reward, resulting in a net benefit of approximately 2 basis points, less the $5 fixed withdrawal fee. Returns are calculated based on prevailing fees and spreads and are subject to market fluctuations.

Maximising Monthly Yields through Mint Cycling

The more volume Kinesis users mint, the greater their share of the yields each month. Mint cycling is a powerful way for users to increase their share of the yield fee pool and their monthly yields:

• Minter’s Yield (5%): Each minting cycle generates more transaction volume, increasing a minter’s lifetime share of this yield.
• Velocity Yield (10%): Each time a user sells their minted gold or silver, they activate the Velocity Yield. Therefore, mint cycling allows participants to secure a greater share of the Velocity Yield, which rewards users based on the volume they generate, in relation to system-wide transactional volume.

With fewer participants in this initial phase, minters can secure a greater proportional share of the fee pools. Participants have the opportunity to secure a larger proportion of the Minter’s Yield and Velocity Yield distribution before the system scales to a wider user base. 

How does the KMP benefit all Kinesis users?

The KMP plays a key role in expanding the Kinesis Monetary System, increasing transactional activity and, as a result, yields.

The Holder’s Yield

With high volumes expected, the Kinesis Minting Programme could have a significant impact on the Holder’s Yield.

Increased volume results in a larger share of fee revenue being distributed to those holding precious metals on the platform. The Holder’s Yield is shared out, based on the amount of metal you hold, in relation to the overall market cap. As mint cycling encourages high-volume trading and fee generation, the KMP has the potential to enhance yields for everyone holding precious metals with Kinesis. 

Joining the Kinesis Minting Programme

In phase 1, the KMP is open solely to long-term KVT holders and highly engaged Kinesis users.

Kinesis has structured the KMP to recognise and reward KVT holders for their foundational role in the growth of the Kinesis Monetary System. In this way, KVT owners have the early opportunity to maximise the potential of the programme.

To reward long-term KVT holders the only requirement is:

1. 1. KVT holders must have held 1 or more KVT for over a year.

1. For those Kinesis users who have not held 1 or more KVT for over year:
3. 2. Kinesis users must meet one of the following eligibility requirements:

Please note: these eligibility requirements must be met after March 4th 2025. Activity on the Kinesis platform before this date will not grant you access to the Kinesis Minting Programme.

• Purchase 10 KVTs
• Sign up 10 individuals to the Kinesis ecosystem
• Onboard 3 businesses to utilise the Kinesis platform
• Trade $500,000 on the Kinesis Pro exchange
• Spend $10,000 in Metalback rewards
• Spend $10,000 using the Kinesis Virtual Card

These requirements ensure that participants actively contribute to the ecosystem, reinforcing the community-driven nature of Kinesis. By fulfilling one of these criteria, users can unlock the benefits of the minting programme and begin earning rewards.

3. For a detailed guide, refer to the KMP White Paper

Programme Timeline & Future Phases

Phase One: Early Access 

• Limited access for early adopters (KVT holders) and highly engaged users.
• Full cost refunds and gold rewards for participants
• Weekly reimbursements.

Phase 1 will run for a limited period.

We look forward to updating you on Phase 2, which will include access to the wider Kinesis Community.

How is the Kinesis Minting Programme made possible?

From a commercial perspective, the KMP is a sustainable and profitable initiative for Kinesis due to the fully integrated nature of the system, strategic partnerships, and Kinesis’ vertical integration within the precious metals industry.

• Fee pool participation: Kinesis itself is a participant in the fee pool, receiving revenue from each fee taken.
• Market Stability: Kinesis acts as both market participant and facilitator, ensuring smooth asset flows and stable pricing.
• Industry-Leading Relationships: Strong partnerships with gold and financial sector leaders provide deep liquidity and competitive pricing.
• Ownership & Efficiency: Kinesis owns its entire technology stack, minting platform, refinery, mint, and a number of vaults, eliminating third-party reliance and reducing costs.
• Seamless Operations: Vertical integration ensures efficient, secure, and cost-effective transactions.

For Kinesis, the KMP creates a continuous cycle of engagement and rewards, driving user participation, liquidity, and market attention. The more activity within the system, the more participants and the ecosystem as a whole benefit, fostering organic growth and scalability.

Conclusion 

We encourage Kinesis users to access the benefits of the KMP.

The KMP is designed to drive value across the entire ecosystem by increasing transactional volume, enhancing system-wide yields, and reinforcing the platform’s long-term sustainability. Every minted asset contributes to greater liquidity and engagement, ensuring that all participants benefit from the system’s expansion.

The Kinesis Minting Programme upholds the core principles of the platform. Kinesis is, and always will be, the monetary system built to reward every single participant. 

Please be aware of risks and disclaimers of the KMP and note that information provided or participation in the KMP does not constitute financial or investment advice. Further information can be found at the KMP Terms and Conditions.

Start Minting

 

See the Kinesis Minting Programme Terms & Conditions

_{Ongoing Programme Adjustments}

_{Kinesis reserves the right to modify, restrict, or discontinue the Kinesis Minting Programme at any time. Adjustments may be made based on market conditions, system performance, or strategic considerations. Any changes will be communicated in advance where possible.}