It’s been a while since the Kaito Algogeddon. Leaderboards have settled, people are seeing where the line up whether on Creator Leaderboards or the broader community. The amount of tokens staked, however, didn’t. Staked $KAITO is down 27.07% to just over 23M This is a broader slide in the number of tokens staked since it hit its peak on 1 July That’s even with the team regularly buying off the market. They're averaging ~40k per buy now, up from ~20k before. Kaito's price currently sits at $1.08. Much lower than its recent all-time high of $2.88 With price not holding strong, there will be a push towards communicating how much value Kaito has delivered to token holders. On paper, Total Value Distributed (TVD) puts returns at $0.33 per token. True mathematically, but not how it is distributed in practice Distribution is lopsided, with some users capturing far more of the TVD than others. So the reality is the average user has probably received less than $0.33 per token Sentiment around Kaito has been wavering of late with small accounts feeling slighted by the recent algo changes I still think Kaito will do well overall, even as more competitors become more active. In the long run, their approach towards managing value distribution and pushing the boundaries of the space will ensure they will capitalise on their first-mover advantage