Mathisen Marketing

Your Marketing Blog

DeFi Startup Kulfi Finance Debuts A Fixed-Rate Lending Protocol on Cardano

DeFi Startup Kulfi Finance Debuts A Fixed-Rate Lending Protocol on Cardano

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Launching a fixed rate cryptocurrency loan Kulfi Finance is increasing its decentralized finance (DeFi) presence with the launch of its V1 protocol. In a world of zero and even negative interest rates, Kulfi Finance offers one of the few opportunities to earn a real return on your money.

Most DeFi protocols have variable interest rates that fluctuate based on market activity, the Kulfi protocol uses its advanced smart contract to give investors a fixed rate of return on their crypto assets.

The main advantage of fixed rate protocols is that they allow investors to earn a guaranteed return and open crypto savings to more mature market participants. Although relatively new, fixed-rate protocols are rapidly growing in popularity.

What is Kulfi Finance?

Kulfi is the first decentralized Cardano-based protocol for floating and fixed rate lending and borrowing. With variable interest lending, DeFi can only serve a small part of the crypto lending market, because variable interest does not offer the certainty required by lenders and borrowers. Kulfi Finance addresses this by creating a true floating and fixed rate marketplace for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors.

With Kulfi V2, users enjoy a low to zero liquidation transaction. Kulfi Finance is designed to provide one-stop peer-to-peer lending solutions in a decentralized and transparent manner to ensure maximum reliability for users. Kulf’s goal is to be the best loan product on the Cardano Chain and expand its influence in the crypto world.

Kulfi Token (KLS) and governance

The KLS token is the Cardano token that controls the Kulfi protocol. KLS holders can propose, vote and implement changes to Kulfi system parameters and smart contracts. Each KLS holder gets one vote for each KLS they own. Interested investors can join Kulfi Pre Seed Funding.

KLS holders are responsible for managing the Kulfi on-chain treasury, setting risk and collateral parameters, and voting on proposed updates to Kulfi smart contracts.

Here is a short, non-exhaustive list of things that KLS holders should propose and vote on:

Setting liquidity fees

Setting up side cuts

Introduction of new collateral types

Activation of new maturities for borrowing and lending of various assets

Proposing and evaluating protocol updates

Kulfi Token is currently in Pre Seed Round for early buyers, this is the first and limited opportunity for public to get exclusive early access to buy Kulfi Token, follow the link to buy KLS Token at a fair price- https://kulfifinance.io

Holders of KLS holders will be able to access the Kulfi NFT pre-sale and participate in important referendums regarding the Kulfi protocol.

What makes Kulfi different?

Thanks to the top-notch experience of the Kulfi team, the highly scalable market of Kulfi finance not only provides high-yield deposit and loan services, but also improves the overall capital efficiency of the Cardano Chain ecosystem and provides robust protection for Cardano-based assets. .

At launch, Kulfi enables money market borrowing and lending with a certain amount of assets (CNFT & CNT) and offers the following high liquidity money market with dynamically adjusted incentives.

Kulfi Token advance seed sale

Interested early adopters can visit the kulfi token sale page to get KLS tokens at the cheapest price before it is listed on exchanges here https://kulfifinance.io/buy

KLS Token Statistics:

1 ADA = 200 $KLS money

Sales volume of pre-seeds: 70,000,000

Minimum purchase: 350 ADA

Conclusion

It is clear that fixed rate lending in DeFi was the first major use case. In addition, DeFi is barely scratching its growth potential compared to traditional financial markets. Fixed rate lending in DeFi (and term lending) appears to be the next frontier for DeFi lending protocols and potentially attractive to institutional investors.

Read more about Kulfi Finance

Join KLS Pre Seed: https://kulfifinance.io/buy

Website: https://kulfifinance.io

Twitter; https://twitter.com/kulfi_finance

GitHub: https://github.com/KulfiFinance

Telegram: https://t.me/+rphyUBMegsU3ZTI0

Discord: https://discord.gg/fzsa8ynF97

Medium: https://medium.com/@Kulfi_finance

Gitbook: https://kulfi.gitbook.io/kulfi-finance-3/

The post DeFi Startup Kulfi Finance Introduces Fixed Rate Lending Protocol on Cardano appeared first on CoinChapter.



Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • DEFC Goes Bull Again, Buy!

    DEFC Goes Bull Again, Buy!

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Join us Telegram channel to keep up to date with the latest news DeFi Coin Price Prediction – September 27thDefi coin is positive today. The coin may remain in this direction, if the bulls could add effort and the price […]

    Read More

  • Crypto Insights Held Tamadoge AMA ahead of Crypto Listing

    Crypto Insights Held Tamadoge AMA ahead of Crypto Listing

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Join us Telegram channel to keep up to date with the latest news Tamadoge will be released on OKX in a few hours. In light of this, Crypto Insights held a Tamadoge AMA (Ask Me Anything) session on Telegram prior […]

    Read More