Karak is a risk management Layer 2 blockchain that powers restacking, AI, and a new generation of secure apps for the next billion consumers. Karak presents a novel product architecture that enables users and developers to profit from secure staking and restaking. Rollapps are organically based on incentives provided by productive assets, and users can easily interact with LSTs, LRTs, and AVSs to gain rewards while being protected from risk reduction.
Karak has secured $48 million in capital from investors including Coinbase and Pantera Capital, and has launched an XP campaign. Users that sign up and bridge assets from Ethereum to Karak will receive XP. Earn extra XP from each referral. They do not currently have their own token, but they plan to create one shortly. If the token becomes online, the XPs will most likely be turned into it.
https://karak.network/karak-xp