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Kulfi Finance Announce KLS Token Pre Seed Sale on Cardano, Aims to Explode Over 10X on Public Sale

Place/Date: United Kingdom - September 23rd, 2022 at 11:14 am UTC · 2 min read
Contact: Jordan Max, Source: Kulfi Foundation

Kulfi finance, a fixed rate lending and borrowing protocol built on the Cardano blockchain focusing on the intersection of cutting-edge technology, has announced KLS token Pre Seed Sale Round on Kulfi Token Sale Page.

kulfi

The most crucial component of Kulfi finance is its community, which is its major life force. Kulfi finance has gained the much-needed momentum by having a larger, more active community.

Kulfi Token (KLS)

KLS holders will be responsible for managing the Kulfi on-chain treasury, setting risk and collateralization parameters, and voting on any proposed upgrades to the Kulfi smart contracts.

Here is a short, non-exhaustive list of things KLS holders will need to propose and vote on:

  • Setting liquidity fees
  • Setting collateral haircuts
  • Onboarding new collateral types
  • Activating new maturities for lending and borrowing different assets
  • Proposing and evaluating upgrades to the protocol
  • Loan repayment can be done using $KLS
  • Transaction fees within Kulfi Ecosystem can be paid using $KLS
  • KLS holders earns a percentage of fee paid within the Kulfi Ecosystem

As cryptocurrency assets continue to be developed, investors are looking for undervalued assets with the potential to surge in value in the long run. Kulfi finance (KLS), a fixed rate protocol on the cardano blockchain. With the digital asset currently on a roll, $KLS token may be the most valuable Pre seed round in the crypto market.

Participate in KLS Token Pre Seed Sale

Kulfi Token is currently on Pre Seed Round for early buyers, This is the first and limited opportunity for the public to gain exclusive early access to purchase Kulfi token at 200 KLS Tokens for 1 ADA.

Join the Kulfi (KLS) token pre seed sale at discount price.

In Conclusion

Kulfi is the first decentralized, Cardano-based protocol for borrowing and lending at variable and fixed rates and fixed terms. With variable rate lending, DeFi can only serve a small segment of the crypto lending market because variable interest rates don’t provide the certainty that lenders and borrowers require. Kulfi finance fixes this by creating a true variable & fixed rate market for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors.

Learn more on Kulfi Finance: Website, TwitterTelegramDiscordMediumGitbook.

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