KLAP: Decentralized lending protocol with voting, utility, and treasury.
KLAP is a decentralized lending protocol with KLAP token utility including voting, yield boosting, and potential treasury redemption.
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What is KLAP (KLAP)?
KLAP (Klaytn Lending Application) is a decentralized lending market allowing users to deposit or borrow assets. Depositors earn passive income by providing liquidity, while borrowers can access over-collateralized (perpetual) or under-collateralized (one-block) loans. The KLAP token has several utilities: 1. **veKLAP (Vote-escrowed KLAP):** KLAP holders, stakers, and KLAP-KLAY LPs can lock their tokens to receive veNFTs. VeNFTs provide: * Voting rights on KLAP emissions for lending/borrowing pools. * Yield boosters on liquidity mining rewards for lending/borrowing and Pool 2. Ve holders can also vote on protocol-level decisions, such as treasury fund allocation and adding more utilities. 2. **Treasury Growth:** KLAP is designed to be autonomous. As long as lending/borrowing occurs,...
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KLAP price live information
As of now, KLAP is trading at 0.000083 USD, with a 24-hour trading volume of approximately 514.64 USD. The KLAP to USD price is updated in real time. Over the past 24 hours, KLAP has decreased by 3.6%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 1.96K USD. Currently, there are 23 800 000 KLAP in circulation out of a maximum supply of 1 000 000 000 KLAP.
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