Kowala is a dual token system which has a mining token (mUSD) and a stable coin (kUSD). kUSD is a protocol coin with a unique blockchain where utilizes modified versions of the Ethereum codebase and a PoS mechanism from Tendermint to improve the transaction speed and decrease the transaction fees. Kowala’s unique blockchain automatically regulate the coin supply based on the demand measured by exchange prices. The value of one kUSD is targeted to be 1 USD, and kUSD supply is based on the market demand. The mUSD is the mining token that permits the holder to mine kUSD, but the miner must have at least 30000 mUSD.