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Karak Network

KAR
Ended
Total Raised
$51.250M
Date
2023-12-13~2025-01-31
Karak network is the second-largest restaking protocol after EigenLayer, with over . It enables multi-asset restaking with staked ETH, WBTC, stablecoins, and more across Ethereum, Arbitrum, and Karak L2 chain networks. Karak L2 is the native network of the restaking protocol, powered by Karak’s Distributed Security Services (DSS).
The platform’s unique approach of multi-asset restaking attracted significant attention from leading crypto funds. Since its launch in 2023, Karak network has managed to raise over $48M from Coinbase Ventures, Pantera Capital, Lightspeed Ventures and more.

Karak Network Overview

Token Symbol
KAR
Sector
Blockchain Service
Launch Date
2023
Issuing Chain
Ethereum, Arbitrum, K2 L2
Whitelist
No
Type
Equity
Related Links
Twitter-KARDiscord-KARTelegram-KAR
Security Audit
Renascence Karak Restaking Audit Report
Pashov Audit Group Karak Security Review
Karak Self-Hosted Bug Bounty Program

Karak Network Tokenomics

Total Raised
$51.250M
Total Supply
0
Private/Presale
$0
Public Sale
$0
Fully Diluted Valuation (FDV)
--
Initial Circulating Supply
--

Karak Network Token Sales (ICO & IDO) Rounds

Private:
2023-12
Ended
Price
--
Tokens Sold
$0
Increase
$3.250M
Locked
--
Launch Sector
--
Source
--

Team

Team-Raouf Ben-Har
Raouf Ben-Har

Co-Founder

Team-Drew Patel
Drew Patel

Co-Founder

Team-Victor C.
Victor C.

Chief Strategy Officer

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