Collators process transactions and receive payments from Acala Foundation.

Karura is a smart contract platform for decentralized applications (a blockchain). Karura was founded by Bett Chen, Bryan Chen, Ruitao Su & Fuyao Jiang and launched in 2021.

KAR holders own and govern the protocol. They currently take all of the total transaction fees paid by users (revenue).

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Karura

# P/F ratio (circulating) Methodology

## Overview

P/F ratio (circulating) measures the circulating market cap relative to annualized fees. It shows how highly the project is valued relative to the activity users are willing to pay for, regardless of whether the project monetizes.

${market_cap_circulating} / (rolling_avg(${fees}, 30) * 365)

Circulating market cap relative to annualized fees.

KaruraKAR

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P/F ratio (circulating)

P/F ratio (circulating)

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