Kyra Finance - DeFi Scam or a Newly Born GEM?

Kyra Finance - DeFi Scam or a Newly Born GEM?

By knowhow92 | Knowhow | 20 Nov 2020


Morning guys, how are you?

I've been keeping an eye on this new DeFi project called Kyra Finance for over a week now since I read about it on https://www.reddit.com/r/CryptoMoonShots/ and I got to admit that this one looks promising! Or not?

About Kyra Finance

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Kyra Finance (https://kyra.finance/) claims to be a decentralized DeFi powerhouse in which users will be able to stake various cryptos and earn passive income for doing so in a secured envinroment.

Kyra Finance is not limited in just staking. You'll also be able to Atomic Swap crypto through their services, farm NFT's and more...

Tokenomics

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KYRA is a ERC-20 Token with a total supply of 100,000 and will be used to vote for governance on the Kyra Finance platform.

Development : 5%
Marketing : 10%
Team 3%
Uniswap Liquidity : 12%
Staking Rewards : 30%
For Sale : 40%

The pre-sale will happen on November 27 but there is yet an official blog about the pre-sale on their Medium blog either a pre-sale page on their website.

Kyra Finance team organized an airdrop yesterday so I had to re-tweet this Tweet bellow. That's how I learnt about the pre-sale date.
- https://twitter.com/kyrafinance/status/1329438898859208716

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In case you are wondering, I successfuly completed the airdrop tasks and received 6 USDT a couple hours later

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Gotta love free $$$!!!

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What do you think?

I wrote this blog cause I wanna hear you opinion whether it's worth it or not to invest a few bucks in Kyra. I know we have some really smart and experienced crypto investors here so...

What do you think about this project? Do you think that people are afraid to invest due to all these DeFi scams taking place in the crypto-sphere? Would you invest in Kyra?

Here are some useful links about Kyra Finance to take a look at :

- Kyra Finance Litepaper : https://kyra.finance/Kyra-Finance-Litepaper-1-2.pdf
- Kyra Finance on Medium : https://kyrafinance.medium.com/
- Kyra Finance on Twitter : https://twitter.com/kyrafinance
- Kyra Finance Website : https://kyra.finance/

See ya at the comment section bellow!

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Much love to everyone and always have fun.
@Knowhow92

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knowhow92
knowhow92

I am a passionate skateboarder from Greece who loves creating content related to skate, crypto and travel


Knowhow
Knowhow

I am a passionate skateboarder from Greece who loves sharing content related to skateboarding, travel and crypto. I am also the organizer of the worlds's 1st decentralized skateboarding community called "SkateHive" built upon Hive Blockchain.

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