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I know the utility of a layer 1, but what's

the specific purpose of the KDA token?

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Dapps want to built in platforms that are decentralized, secure, scalable and with cheap fees. If those dapps are in kadena and you want to access them, you need kadena, kadena is the liquid asset to access the ecosystem, people had to swap kadena to get kdl token these days for example, or to participate in kaddex

Rtuart- Автор вопроса
Frag
Dapps want to built in platforms that are decentra...

Ok but if those dapps have their own tokens and are listed in a cex/dex paired to a stablecoin I wouldn't need kda at all, except for paying fees

Rtuart
Ok but if those dapps have their own tokens and ar...

usually they are paired with the most liquid asset —> KDA. Check the most liquid pairs on Uniswap, they are all with ETH/WETH

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