Kleros

Kleros

Decentralized dispute resolution protocol using crowdsourced arbitration and game theory

Launch Year
2018
Consensus
Proof of Stake (Ethereum)
Max Supply
764,626,704 PNK
Block Time
~12 seconds
PNK
PNK
Kleros
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Kleros Price Chart

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About Kleros

Kleros is a decentralized dispute resolution protocol that uses crowdsourced arbitration to resolve disputes in smart contract contexts. Built on Ethereum, Kleros allows parties in any agreement — freelance contracts, insurance claims, token listing decisions, oracle disputes — to submit disagreements to Kleros courts. PNK holders stake their tokens to become jurors. Jurors are randomly selected using a weighted lottery (more stake = more chance of selection) and incentivized through game theory to vote honestly. Jurors who rule coherently with the majority earn PNK rewards; minority voters have their staked PNK redistributed to winners. Kleros has been integrated as the arbitration layer for many DeFi protocols, prediction markets, and curated token lists.

History

2017
Kleros whitepaper published; concept of 'decentralized justice' using Schelling points introduced.
2018
Kleros launches on Ethereum mainnet; first cases resolved in crypto freelancing and token curated registries.
2019
Kleros Curate (formerly Token Curated Registries) launches for maintaining verified lists.
2021
Kleros integrates with DeFi protocols for insurance claim arbitration and prediction market resolution.
2023
Kleros v2 development begins with cross-chain dispute resolution and improved court mechanics.

How to Swap PNK

Swapping Kleros (PNK) on SyntheticSwap is quick and requires no account or KYC. Since PNK is an ERC-20 token on Ethereum, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, Rainbow, or Ledger Live. Open SyntheticSwap, select PNK as your source or destination asset, enter your receiving wallet address, and review the floating exchange rate. Once you send PNK to the deposit address provided, the destination asset is delivered directly to your wallet. The process is fully non-custodial — SyntheticSwap never holds your tokens at any point.

How to Store PNK

Store PNK in any Ethereum-compatible wallet: MetaMask, Ledger, Trezor, or any ERC-20 compatible wallet.

Frequently Asked Questions