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teleo-codex/entities/internet-finance/kyros.md
m3taversal 8122c1e7d8 rio: 13 fundraise records + 3 entity files (Jito, Kyros, Marinade) 
Fundraise records (13 new — borderline threshold >$900 committed):
- mycorealms ($158K+$82K), send-arcade ($115K), open-music ($27.5K)
- areal ($11.7K+$1.4K), valgrid ($8.5K), sizematters ($5K)
- launchpet ($2.1K), seekervault-2 ($2.1K), tridash ($1.7K)
- cloak ($1.5K), nfaspace ($1.4K), lobsterfutarchy ($1.2K)
- futarchy-arena ($934)
All failed to meet funding targets. All include full proposal text.

Entity files (3 new):
- jito.md: MEV infrastructure + liquid staking + restaking on Solana.
  JTO token, $2.1B TVL, 94% validator share. First futarchy use: JIP-10
  TipRouter decision (Jan 2025). Founded by Lucas Bruder & Zanyar Sherwani.
- kyros.md: Liquid restaking on Jito infrastructure. kySOL/kyJTO products,
  $36M TVL. Mint authority delegated to MetaDAO futarchy. Burned 4.42M
  unclaimed airdrop tokens via futarchy (Jan 2026).
- marinade.md: Oldest Solana liquid staking protocol (2021). mSOL, SAM
  validator marketplace, $740M TVL. First futarchy use: MIP.5 SAM bid
  routing (Feb 2025).

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-25 13:50:17 +00:00

1.8 KiB
Raw Blame History

type entity_type name domain status tracked_by created
entity protocol Kyros internet-finance active rio 2026-03-25

Kyros

Overview

Kyros is a liquid restaking protocol on Solana, built on Jito (Re)staking infrastructure. Users deposit SOL or JitoSOL and receive liquid restaking tokens (kySOL, kyJTO) that combine staking rewards, MEV rewards, and additional restaking rewards from Node Consensus Networks (NCNs).

KyrosDAO LLC is structured as a DAO with futarchy governance via MetaDAO. Mint authority is fully delegated to MetaDAO futarchy — tokens can be re-created under governance if needed, which enabled the burn of unclaimed airdrop tokens without permanent supply loss risk.

Key Details

  • Token: KYROS (original 50M supply, reduced to ~45.58M after airdrop burn)
  • Products: kySOL (liquid restaking for SOL), kyJTO (liquid restaking for JTO)
  • TVL: ~$36.3M (84% kySOL, 16% kyJTO)
  • Holders: ~15,000 combined (kySOL + kyJTO)
  • Launch: No private investors — fair launch, DEX-focused distribution
  • Airdrop: 25% of supply (12.5M) distributed October 2025; 38.25% unclaimed and burned January 2026
  • Website: kyros.fi

Futarchy Governance

  • Mint authority delegated to MetaDAO futarchy
  • Known decision: kyros-burn-unclaimed-airdrop — burned 4.42M unclaimed KYROS (passed January 2026)

Timeline

  • 2025-09-30 — Airdrop snapshot
  • 2025-10-09 — KYROS token listing
  • 2026-01-13 — kyros-burn-unclaimed-airdrop passed: burn 4.42M unclaimed tokens

Relationship to KB