Press Release from our ecosystem partner Kayen Finance
London, 20th May 2026:— Today, Kayen Finance officially launches its platform on Chiliz Chain, marking the beginning of a broader vision to bring a fully decentralized finance ecosystem to the rapidly growing Fan Token™ ecosystem.
The launch reflects a long-standing conviction that Fan Tokens™ are a major on-chain asset class.
Over the past several years, Fan Tokens™ have built passionate global communities around sports teams, leagues, and entertainment brands. Millions of users now hold digital assets tied to the organizations they support. Yet, despite the growth of the category, tooling around these assets has remained limited.
Kayen Finance aims to change that by building a comprehensive DeFi ecosystem designed specifically for Fan Tokens™ and the communities behind them.
Expanding the DeFi Infrastructure Around Fan Tokens™
Kayen Finance launches with a V2 of their protocol for the decentralized exchange already live, providing core liquidity and price discovery infrastructure for the ecosystem. The platform’s upcoming V3 upgrade is expected to introduce additional liquidity functionality and capital efficiency improvements as the protocol expands.
Beyond trading infrastructure, Kayen Finance is building toward a broader suite of DeFi primitives tailored to the unique dynamics of Fan Token™ markets.
Liquid Staking
One of the first major expansions will be liquid staking for $CHZ holders. Users will be able to stake assets to earn yield while simultaneously receiving a liquid representation of their staked position, enabling them to continue participating across the broader Fan Token™ ecosystem without locking away capital.
This model is designed to unlock greater utility and capital efficiency for participants across the Chiliz ecosystem.
Lending Markets
Kayen Finance also plans to introduce lending infrastructure that allows users to borrow against their holdings rather than selling them outright. By enabling Fan Token™ holders to access liquidity while maintaining long-term exposure to their assets, the protocol seeks to create deeper engagement and more sustainable participation within the ecosystem.
A Long-Term DeFi Vision
While decentralized exchange functionality, liquid staking, and lending form the immediate roadmap, Kayen Finance says its broader objective is to become the foundational DeFi layer for Fan Tokens™ as the ecosystem evolves toward omnichain interoperability.
Future products and financial tools will continue to expand based on ecosystem growth and direct community feedback.
$PEPPER Becomes Governance Token for Kayen Finance
As part of the launch, Kayen Finance also announced that $PEPPER will become the protocol’s governance token.
Under the new structure:
- 25% of the protocol fees generated by Kayen Finance will be allocated toward a $PEPPER buyback and burn program.
- The $PEPPER community will gain governance rights over Kayen Finance’s liquidity incentive program. So Token holders will be able to participate directly in decisions regarding which liquidity pools receive ecosystem incentives.
The governance framework is intended to align protocol growth with community participation and long-term ecosystem development.
Building for the Fan Token™ Community
The Kayen Finance team wants their project to be fully centered around the passion and engagement already present within Fan Token™ communities worldwide.
From supporters tracking token prices alongside match scores to fans participating in club governance initiatives, the rise of Fan Tokens™ has demonstrated a uniquely active and emotionally connected user base.
Kayen Finance aims to serve that audience with DeFi incentives designed specifically around the assets and communities they already support.
Looking Ahead
With the protocol now live, Kayen Finance says its immediate focus will be on product iteration, ecosystem expansion, and community collaboration.
The team is actively encouraging feedback from Fan Token™ holders and intends to continue building publicly alongside its users as the platform evolves.
