Kaveh Star Whitepaper

1. Project and document scope

Kaveh Star (KSTAR) is a cultural community project on Solana Mainnet. Its identity draws on Kaveh the Blacksmith and his banner in the Shahnameh. Persian and English content, short narrative videos and community discussion are its principal activities. Literary and mythological interpretation is kept separate from historical and financial claims.

The token does not itself establish company equity, a profit entitlement, a redeemable debt or a contractual voting right. Cultural participation does not require a token purchase. The website provides token identity, receipts, trading guidance and service information.

The token was created on September 9, 2026. The owner-declared public project launch is September 10. The KSTAR/SOL pool creation transaction finalized on September 12, 2026 at 15:36:49 UTC. None of those dates is the starting date of the proposed five-year lock.

Token creation, the pool and six funded escrows are documented. The separate holding reserve is funded and enrollment has opened. Final CoinMarketCap or Jupiter approval, referral payouts or active automatic trading are not claimed. The first monthly burn period has not yet arrived.

2. Supply and allocation

Initial supply is 1,000,000,000 KSTAR with six decimals. The chain service also reported a supply of one billion on September 13, 2026. Recorded checks found revoked mint authority and no freeze authority. Releasing the reserve is not new token issuance.

Five funded escrows hold 500 million KSTAR principal, 50% of initial supply. The other half of initial supply is outside this vesting allocation; that figure is not circulating supply or a current wallet balance. Funding transfer fees are separate from locked principal.

The pool's initial deposit was 20,000,000 gross KSTAR and 0.7 SOL. These are initial funding figures, not current reserves. The planned referral pilot allocates 30,000 KSTAR for up to 100 qualifying referral pairs and remains inactive. Both items belong within the allocation outside the proposed lock; they do not increase total supply.

Circulating supply requires an identified treasury and related-party address list, escrow data and an assessment of spendable balances. This revision does not publish an independently verified circulating-supply number.

3. Five-year release policy

The common schedule anchor T0 is 19 September 2026 at 16:10:23 UTC, selected during plan preparation rather than completion of the final deposit. The five funding transactions finalized that day between 17:22 and 17:30 UTC. There is no initial release.

Each escrow releases 100 million KSTAR principal on 19 September in 2027, 2028, 2029, 2030 and 2031, always at 16:10:23 UTC. The recipient is the recorded owner wallet in every escrow. Claiming requires a transaction; maturity does not automatically transfer tokens to the wallet.

Becoming claimable is not a compulsory sale, automatic sale or evidence that the full amount has entered public circulation. Market making and disposal decisions are separate processes. Table amounts describe released principal before transfer fees to the recipient.

4. Enforcement, authorities and fees

A time lock requires custody in a program-controlled escrow account. Holding tokens in a normal wallet or writing dates on a website does not enforce that restriction. SPL account freezing requires freeze authority; the current mint has no such authority. Escrow vesting must not be represented as restoring it. [1, 2]

The five KSTAR escrows use Jupiter Lock. Each observed account had cancellation and recipient-update modes set to zero, 100 million spendable principal and zero claimed amount. The underlying program remains upgradeable; that risk is distinct from the parties having no cancellation permission.

The recorded transfer fee is 0.5%, capped at 1,000 KSTAR per transfer. The owner retains fee configuration and metadata update controls. A finalized chain observation on 19 September 2026 confirmed delegation of withheld-fee withdrawal authority to the dedicated server-operated burn account. The fee is not guaranteed to remain unchanged for five years. It reduces the recipient's spendable amount; withheld fees are not spendable vested principal. [1]

Each escrow was funded with 100,001,000 gross KSTAR to obtain 100 million spendable principal, totaling 500,005,000 gross. At the current fee, a single claim of 100 million gross delivers 99,999,000 net. Future transfer fees can change.

The separate LP escrow holds 59.159318742 LP until 19 September 2027 at 16:10:23 UTC. Its basis was the owner’s 118.318637485 LP at preparation, halved and rounded down by one raw-unit precision. It is half that recorded owner holding, not half the entire pool, and it is a time lock rather than an LP burn. The owner is the recipient.

5. Markets, services and implementation

The documented market is the KSTAR/SOL Raydium CPMM pool. Its creation receipt and trading steps are available from the trading guide. Reserves and price change. A pool does not establish CoinMarketCap or Jupiter approval or guarantee liquidity. The proprietary market-making page remains a hypothetical tool; an active proprietary trading bot is not claimed.

The website and Telegram webhook run on Cloudflare Workers with D1 and do not require an open laptop. Persisted server evidence records model success and Telegram delivery on 19 September 2026 at 17:32:07 UTC. This is a dated observation, not proof of continuous uptime. The model limit is 100 requests per day.

Monthly burning of accessible collected fees and dedicated-account tokens is enabled, with the first period beginning 1 October 2026. No finalized burn receipt was recorded at the 19 September observation. Holding rewards are funded and enrollment is open; referrals require separate funding and owner activation. Status and receipts are available at /burns.html, /holding.html and /rewards.html.

Automatic trading requires an independent price reference and verified executable quote parity with the live pool program. These prerequisites remain unverified; live trading and trading-reserve funding are disabled. Content publication separately depends on service connections, available credits and a publishing schedule.

CMC ticket 1456511 is being pursued through free review; Jupiter ticket 64701 uses the Standard lane. No documented final approval has been received. The six lock receipts are prepared as supplements to the existing applications. Prepared evidence does not establish submission or approval. [3, 4]

6. Accountability, evidence and references

Principal risks include price volatility, shallow liquidity, program or wallet failures, mutable fees, owner control, escrow-program upgrades and external service disruption. Absence of mint or freeze authority alone is not a complete security assurance. This document guarantees no return, price, redemption or exchange acceptance.

Public team identities and the location of the majority of the team are not disclosed in this revision. No active voting system or multisignature treasury is claimed. Policy changes require a dated revision. A revised whitepaper alone cannot change restrictions already enforced by an executed contract.

All six escrow addresses, spendable principal, recipient, UTC maturities, permissions and receipts are published at /locks.html and /locks-evidence.json. Public observations carry a verification timestamp and do not replace a fresh chain read.

The following references describe protocol mechanics and listing processes. KSTAR identity and pool creation are supported by project-specific receipts. A provider review is not an audit of the entire KSTAR project. Persian and English editions use the same content dataset.

Separate holding rewards

The approved campaign admits up to 100 registered wallets, once per wallet for this campaign. Eligible principal is fixed at enrollment, with a 100,000 KSTAR cap and a 1 KSTAR minimum. Principal remains in the wallet's registered standard KSTAR associated token account; other token accounts are not aggregated.

The table gives gross awards for 100,000 KSTAR principal, before transfer fees. Smaller principal receives proportionate awards, using cumulative integer rounding in millionths of KSTAR. Later deposits and reward receipts do not increase enrolled principal. Rewards do not compound.

The independent reserve was funded with 1,201,000 gross KSTAR, yielding 1,200,000 spendable KSTAR and a 1,000 transfer fee. Enrollment opened on 19 September 2026 at 14:47:34 UTC. This account is separate from referral, vesting and burn allocations. Current status and the funding receipt are available at /holding.html.

Earning verification and protected accrued rights

Each participant starts after successful registration at a finalized chain snapshot. Dates use UTC calendar months from that start; a missing day is clamped to the destination month's last day. A milestone is certified only after finalized chain time has passed it.

If eligible balance in the registered account drops below fixed principal, including within one transaction, later milestones stop earning. Closing or changing ownership of that account also ends continued eligibility. Depositing again or signing in again does not reset the start. Spending received rewards up to their amount does not by itself reduce principal.

Awards earned before the principal reduction remain owed during the one-month waiting period and become claimable at maturity. Each tranche has one durable payment identity. An uncertain, failed or expired transaction does not authorize an automatic replacement payment.

Verification relies on complete RPC history of the registered account, not current or daily balance snapshots. Requests process bounded batches and save continuation progress on the server. Missing history, unsupported instructions or ambiguous responses leave verification pending without erasing previously certified rights.

The dedicated reserve is controlled by the project server, not an immutable locking contract. Payments depend on tokens, SOL and service availability. Social follows and membership awards are not conditions for this separate campaign. Holding or receiving rewards does not guarantee monetary value or price appreciation.