Kadia tokens
Source: kadia-lending at commit 66f4aca (docs/specs/lending-v1-architecture.md §3.11 for lending v1’s token names, approved by the founder on 2026-10-25; docs/specs/lending-design.md (LD) and docs/specs/economic-model-v1.md (EM v1)); the DEX and shared names were approved on 2026-10-19.
Tokens you may hold
Section titled “Tokens you may hold”Lender token: Kadia Supplied ‹ASSET›
Section titled “Lender token: Kadia Supplied ‹ASSET›”For example, Kadia Supplied USE or Kadia Supplied ERG. You receive it when you supply an asset to a Kadia Lending pool. Lending v1 has one pool per asset you can borrow, and each pool has its own lender token, with that asset’s decimals. It carries value: it’s your share of the pool, and you withdraw it for the pool’s asset at the pool’s current value. Interest raises that value, and a loss beyond the reserve lowers it. It’s an ordinary token that you can send to anyone. A DEX listing would be a separate product step and hasn’t happened. Lending v1 isn’t live, so these are the names it will use (architecture §3.11).
DEX LP token: Kadia ‹X›/‹Y› LP
Section titled “DEX LP token: Kadia ‹X›/‹Y› LP”For example, Kadia ERG/tUSE LP on testnet. You receive it when you add liquidity to a Kadia DEX market. Its decimals are the market’s two assets’ decimals averaged, rounded up. It carries value: it’s a claim on a share of that market’s reserves. The market box holds the LP tokens that aren’t in circulation. In the lending LP market, these are the tokens you post as collateral.
Testnet tokens: tUSE, tBTC, tADA, tETH, tBNB, tDOGE, tFIRO, tXMR, tLTC, tSOL
Section titled “Testnet tokens: tUSE, tBTC, tADA, tETH, tBNB, tDOGE, tFIRO, tXMR, tLTC, tSOL”They’re stand-ins on Ergo testnet for USE, for Rosen-bridged coins (BTC, ADA, ETH, BNB, DOGE, FIRO) and for three coins that aren’t on Rosen (XMR, LTC, SOL), so you can try Kadia without real funds. They carry no value. ERG on testnet has no value either. The faucet gives them all; Get test coins has the token ids.
Tokens that stay in contract boxes
Section titled “Tokens that stay in contract boxes”You won’t hold these. They mark Kadia’s own boxes, so the contracts and the apps can find the right ones by token id.
Loan token: Kadia Loan (‹ASSET›)
Section titled “Loan token: Kadia Loan (‹ASSET›)”Every open loan’s box holds one, from the pool the loan borrows from. Borrowing hands it out from the pool’s supply, and closing the loan burns it. A box counts as a loan only if it holds one (LD D38). It carries no value of its own. Your collateral and debt are recorded in the loan box, not in this token.
Pool token: Kadia Lending Pool (‹ASSET›)
Section titled “Pool token: Kadia Lending Pool (‹ASSET›)”It marks a lending pool’s box, which holds that pool’s asset: the ERG pool holds ERG, the USE pool USE. There’s one per pool. It carries no value of its own. The pool’s value belongs to the holders of its lender token.
Action tokens
Section titled “Action tokens”Each lending action runs in an action box, and each transaction spends the pool and one action box (LD D59).
- One per pool: Kadia Supply Action, Kadia Withdraw Action, Kadia Repay Action and Kadia Oracle Action, each with the pool’s asset, for example Kadia Supply Action (USE).
- One per collateral a pool accepts: Kadia Borrow, Kadia Collateral (removing collateral), Kadia Liquidate and Kadia Pre-Liq, named for the pool’s asset and the collateral, for example Kadia Borrow (USE/ERG).
- Shared by a pool’s action boxes: Kadia Lending Actions (‹ASSET›). Every action box holds one unit, which is how the pool recognises its own actions.
They carry no value.
Market token: Kadia ‹X›/‹Y› Market
Section titled “Market token: Kadia ‹X›/‹Y› Market”It’s the Kadia DEX market token that marks a market’s box. This name is for display only: the token on chain doesn’t carry it. It carries no value.
Treasury control: Kadia Treasury Control
Section titled “Treasury control: Kadia Treasury Control”It’s one token that controls the protocol treasury. The treasury receives its share of the protocol fee as pool shares, which are lender tokens (EM v1 §4.4). The treasury contract is compiled with this token’s id. The treasury’s operator holds it. It isn’t worth anything to trade, but whoever holds it controls the treasury’s funds.