Project Study: Kira Platform for liquidity release of pledged assets

By bange | bange | 14 Oct 2020

The Kira Protocol is a protocol developed by the Kira Core team. It uses the original Multi-Bonded Proof of Stake to prove that the MBPOS (Multi-Bonded Proof of Stake) protocol releases the liquidity of the pledged assets while guaranteeing the network security. This protocol is based on Tendermint and belongs to the BFT consensus protocol system. Its main feature is that users can not only pledge all kinds of encrypted assets, but also pledge real-life assets to obtain income.

Project highlights: (1) solve the market pain point. At present DEFI project locked up a large number of assets, these assets lost liquidity, the value of the asset is a waste. Kira's solution will allow users to pledge any digital currency, stable currency or even NFT to generate derivative tokens to keep their assets liquid while earning the proceeds of the pledge. (2) mechanisms for innovation. Kira created three original mechanisms, namely multi-proof of interest mechanism, inter-chain exchange protocol, Ivo crowdfunding model. Ivo kickstarter overcame I. . . C. O deficiency, investors use one or more POS tokens into the Staking pool for inter-chain mining to obtain new tokens. In the future Kira will mine Ivo in ATOM, SENT, DOT and KSM. (3) outstanding performance of the competing products. POCA ECO's Stafi, also a free pledge liquidity project, was launched as a BITMAX IEO in September, rising from 0.15 U to 2.2 u when it launched.

website:www.interchain.exchange
Telegram group:https://t.me/kirainterex
Announcement channel:https://t.me/KiraAnnouncements
Twitter:https://twitter.com/kira_core