01
Capital on call
Margin, payroll, or a better trade — leave when the world moves, not when a timer allows it.
Liquidity first · exit anytime
The exit
is the product.
$KONUS folds earned fees into the share itself. When capital calls, you sell the full position — not a partial claim stuck on a timer.
Redemption
On demand
Fees
In the share
Listing
Robinhood
✦Exit liquidity first✦Yield in the share✦No schedule trap✦Transfer the whole bag✦Sell when you must✦Fees travel with you✦Open secondary path✦Nothing left behind✦Exit liquidity first✦Yield in the share✦No schedule trap✦Transfer the whole bag✦Sell when you must✦Fees travel with you✦Open secondary path✦Nothing left behind
Exit delay
0 blocks
Yield location
In-token
Oracle on redeem
None
Venue
Robinhood
Product moment
Watch the gap open.
The warm line marks value you can take now. The stepped line waits for a settlement window. Force an exit between windows and the space between them is yours on Konus.
konus.app / exit-lab
LIVE
Margin callt = 29
KonusEpoch vault
Konus exit
2.536 ETH
Vault locked
2.151 ETH
You keep
+0.385 ETH
$KONUS · RobinhoodPre-launch
Enter Konus
Project token · exit liquidity as the feature
Open a position, let fees mark into the share price, and treat the token like inventory — movable whenever you need the capital back.
Contract address
0xKONUSx…xxxxxx · pending deployPlaceholder CA — set TOKEN.mint and TOKEN.isLive in src/lib/token.ts after launch. Product CTAs already open /app.
Hold styleInventory
Reprice, transfer, or exit without a ceremony.
Fee accountingIn-share
Nothing sits in a side wallet waiting to vest.
Buyer askMinimal
They buy exposure — not a vault schedule.
Design principles
Built around the moment you need out.
Four constraints we refuse to ship around — so the product stays honest under pressure.
02
Single balance
Earned value lives in the share. No side pocket. No separate claim ticket.
03
Clean redeem path
Share price from contract storage. Integrators don’t underwrite an external feed.
04
Built for secondary
OTC, pool, or peer — the path out is a trade, not an underwriting desk.
Exit Lab · interactive terminal
Run the thesis before you need it.
Set a deposit, pick a stress scenario, and force an exit before the schedule closes. Compare what Konus pays against a vault that only recognizes finished cycles.
1Deposit
2Accrue
3Exit
Speedblock 0
Position desk
Capital gets pulled mid-cycle. This is the product moment.
Epoch vault cycle0/16
Unfinished cycle progress is written off in a schedule vault. Here it stays marked in the share.
Live settlement
same deposit · two exitsKonus
exit-readyWithdrawable
1.500 ETH
- Share price
- 1.0000
- Accrued
- +0.000
- Delay
- 0 blocks
- Forfeited
- 0.000
Epoch vault
locked cycleWithdrawable
1.500 ETH
- Completed epochs
- 0
- Mid-cycle hold
- 0 blk
- Delay
- Until epoch
- Forfeited
- 0.000
Liquidity spread
+0.000 ETH
Difference at forced exit — Konus vs schedule vault.
Event stream0 events
Start the simulation to stream blocks, epoch closes, and exits.
Withdrawable value · dual track
KonusEpoch vault
Warm line updates continuously. White stairs wait for closes. The vertical gap at your exit is the simulation's punchline.
The hidden cost
Every yield product has a price people don't quote — until they need out.
Rate tables look clean until urgency shows up. These four frictions are usually invisible in the brochure — and expensive in the wire.
The epoch
01Yield that only settles on a schedule you don't control.
The cooldown
02Capital frozen between decision and receipt.
The withdrawal queue
03Your exit waits behind everyone else's urgency.
The unwind
04Partial cycles forfeited when you need out mid-stream.
The mechanic
Accounting that travels with the asset.
Classic vaults separate “deposit” from “earned.” Konus collapses them so the thing you hold is already the full story.
“If it isn't in the share, it isn't in the position.”
Simpler mental model. Fewer ways to strand value.
Mark, don’t drip
Fees update the share. There’s no drip account you have to remember to claim.
No orphan remainder
If you leave before a cycle completes, you’re not abandoning a stub of progress.
Atomic handoff
Buyer and seller settle the entire exposure in one transfer.
Calendar-blind counterparties
They price the share — not your place in someone else’s unlock queue.
Share anatomy
One sale.Whole position.
Think of the share as a sealed envelope: principal and earned fees already inside. Hand it over once — the buyer opens the whole thing.
- Two layers, one object
- Transfer closes the book
- Nothing left to reclaim later
Capital
1.500 ETH
Accrued
+0.384 ETH
Konus share
$KONUS · transferable
Share price1.2560
principal 80%accrued 20%
Composition
Merged
Claim left behind
None
On transfer
Envelope stays sealed end to end
Who this talks to
People who already pay for flexibility elsewhere.
They accept a lower rate today just to keep capital movable. Konus is how that preference shows up as a product — not a footnote in a risk memo.
Traders
Unplanned margin
When a call hits without warning, waiting on an unlock is the expensive part.
Treasuries
Balance-sheet mobility
Cash that must stay productive and still answer a board or runway need.
Market makers
Inventory, not commitments
Positions that can be repriced, transferred, or unwound like stock on a shelf.
Distribution
Where the share can actually move.
Lending collateral asks a venue to underwrite you. A transferable share only asks that someone wants the other side of the trade.
01
Robinhood
List and trade $KONUS where retail already shows up.
02
Pools
Depth from market makers who treat the share like inventory.
03
Private size
Move a block without broadcasting a deposit or unlock request.
04
Premium flow
Someone buying exposure ready-made — not rebuilding a vault seat.
Liquidity graph
Same share. Many doors out.
Once the position is a transferable object, it can route through public books, private size, or a buyer who just wants exposure — without rebuilding a vault seat each time.
konus.app / markets
ROUTE
01Open position
Primary
Enter $KONUS
02Continuous book
DEX
Peer liquidity
03Quiet size
OTC
Desk transfer
04Sealed share
Premium
Ready-made exposure
Sample transfer
Hand off the envelope → settle once
Buyer receives the sealed share. Seller is flat.
Net received
1.884 ETH
Market access
Meet buyers where they already are.
Infrastructure should disappear into the trade. The story is the position — not the plumbing required to hold it.
01
Familiar rails
Wallets and explorers people already trust — no custom custody dance.
02
Robinhood path
A listing surface where discovery and size can meet without a private club.
03
Portable inventory
Once held, the share can leave the venue the same way it entered: as a transfer.
For integrators
Share price from contract storage — not from a feed.
There's no oracle in the redemption path. Anyone pricing the token has nothing external to underwrite. That's a much smaller ask than “trust our contracts as collateral” — and the reason this narrative can run before the audit while productive collateral can't.
// redemption path
sharePrice
← read from contract storage
// not
← external oracle feed
External underwrite
None
Ask size
Smaller
Community
Follow the launch on X.
Launch notes, listing updates, and short explainers post first at @usekonus.
The honest constraint
Instant redemption is only real while the underlying is liquid.
Protocol freedom is not the same as deep books. Thin liquidity can still deliver a bad fill — even when nothing in the contract stops you from selling.
We'd rather say that here than pretend markets always cooperate.
Free to exit ≠ guaranteed price.Exit $KONUS