Kaskad has locked in its launch schedule. The protocol’s mainnet will open to the public on May 24 at 12:00 UTC, with TGE allocation claims and KSKD deposits on MEXC going live the same day. On May 25, the first epoch begins and KSKD starts trading on MEXC. On May 26, withdrawals will open. Each step is separated by 24 hours.
The project is a lending protocol built for the Kaspa ecosystem, letting users lend and borrow crypto on-chain without a bank or intermediary. It runs on Igra L2, described as Kaspa’s Layer 2 network. The token, KSKD, follows the ERC-20 standard. In the project’s rollout language, an epoch refers to a 30-day operating cycle, effectively one active lending period on the protocol.
A three-day rollout with deposits first and withdrawals last
The schedule is structured in three clear stages. Day one covers the public mainnet opening, TGE claims, and exchange deposits. Day two adds live protocol operations and spot trading. Day three unlocks withdrawals. That sequencing means the market will get price discovery only after deposits are in place, while full token mobility comes a day later.
The more important milestone may be the start of the first epoch on May 25. That is when the protocol begins operating as intended, with users able to deposit assets, borrow, and earn yield. Trading starts on the same day, but the protocol’s actual usage will be measured by what happens on-chain during that first 30-day cycle.
Supply stands at 1 billion KSKD, with source material outlining bull and bear scenarios
The source states that KSKD has a total supply of 1,000,000,000 tokens. It also uses Chainlink as a supply comparison point, noting that LINK was trading at $9.17 with a $6.66 billion market cap, an all-time low of $0.1263, and an all-time high of $52.88. Those figures were presented as context rather than a valuation model for KSKD.
The original material outlined two possible pricing paths. In a stronger-demand case, with growth in Kaspa DeFi activity, KSKD could list near $0.10 and move toward $0.50 over the medium term if adoption builds. In a weaker launch scenario, where new-token selling pressure dominates and protocol usage remains soft, it could debut around $0.01 to $0.05 and stay flat in the early weeks. The article also said day-one selling from TGE holders could weigh heavily on the listing price.
Early on-chain activity is likely to become the main signal
Once trading begins, attention is expected to shift quickly to protocol activity in the first epoch. Deposits, borrowing demand, and yield participation will offer a cleaner read on launch quality than short-term chart moves alone. The source also argued that the phased launch format — deposits first, then trading, then withdrawals — is intended to reduce first-day volatility risk and handle liquidity more carefully.
What is confirmed at this stage is the launch timeline, the protocol’s role in Kaspa, the token standard, the total supply, and the source article’s scenario-based pricing discussion. What follows after May 25 will depend on actual usage inside the protocol’s first operating cycle.