What is KLend Finance (KLT) | What is KLend token | What is KLT token
In this article, we’ll discuss information about the KLend Finance project and KLT token
KLend aim to be the best on-chain lending platform, build distributed financial ecology, KLend is first DAO based decentralized lending protocol outside ETH, we use the over-collateralized mortgage lending model inspired by Compound coupled with the EPS style liquidity mining model empowers the capital utilization of DEFI-Ecology. And we have been actively laying out the plan of landing a decentralized crypto spot contract platform in the very near future
Key Feature Intro
Seven key feature
unsecured loan: through the governance of credit institutions, lending first and then mortgage, to achieve on-chain unsecured loan In near future
Aggregate leverage: Aggregate the major swaps to automatically route the best price and slippage, while supporting leveraged trading in the near future
Over-mortgage: The creditor’s rights secured by the mortgage are greater than the value of the mortgaged property to ensure the safety of funds
Open governance: Fully unite the power of the community through governance incentives and expand the influence of the community
Liquidity farming: Provide incentives for liquidity contributors to ensure the depth of trading
Multi-point price feed: use multiple nodes to feed price and confirm at the same time to prevent oracle attacks. Great thanks to Chainlink service
Multi-chain leaping: penetrating OKExChain| BSC | HECO |ETH |FTM |Matic |SOL Provide cross-chain trading pairs in near future.
How to participate in KLend liquidity farming
1.Chose【Farm】，click【staking】button.
2.click【Add liquidity to obtain LP】，Will automatically jump to the pancakeswap liquidity adding page
3.Add liquidity on this page of pancakeswap，Add a proportional amount of tokens, then click [Supply]
4.Follow the prompts to complete [Confirm Supply] and [OK] on the chain operation
5.Return to the Klend homepage, enter the amount on the staking page, and then click the [stake] button to complete the LP pledge operation.
How and Where to Buy KLend Finance (KLT)?
KLT token is now live on the Binance mainnet. The token address for KLT is 0xf95995d642c652e9a7D124d546A7bDF297c6d0fB. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough WBNB in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy KLT token
Contract: 0xf95995d642c652e9a7D124d546A7bDF297c6d0fB
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in KLT token is currently …
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once KLT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information KLT
☞ Website ☞ Explorer ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!
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