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There is nothing that Solana or Tezos do better than @kira_core
Actually #Kira does more than them, and to think that Kira’s MC is $4-5 million while Tezos and Solana are $1-2 billion ecosystems
Top features down below: https://twitter.com/ElonTrades/status/1354380817498320897
Actually #Kira does more than them, and to think that Kira’s MC is $4-5 million while Tezos and Solana are $1-2 billion ecosystems
Top features down below: https://twitter.com/ElonTrades/status/1354380817498320897
Kira’s development started on August 2019 backed by serious VC’s like:
SZN (Link, Skale, Ocean, Kava, Nano)
DFG (AVA, Near, Solana, NuCypher)
NGC (Zilliqa, Algorand, Mina, Terra)
Origin (Synthetic, Sora, Kyber, Kadena)
TRG (Reef, Akash, Zilliqa, Ferrum)
SZN (Link, Skale, Ocean, Kava, Nano)
DFG (AVA, Near, Solana, NuCypher)
NGC (Zilliqa, Algorand, Mina, Terra)
Origin (Synthetic, Sora, Kyber, Kadena)
TRG (Reef, Akash, Zilliqa, Ferrum)
It is the first DeFi ecosystem that promises to have the best security in the space.
If #Bitcoin
security varies from hashrate, Kira’s security varies from TVL of all the assets that can be staked in it.
Eth, Dot, Atom, NFT, Tokenized Property, etc
If #Bitcoin
security varies from hashrate, Kira’s security varies from TVL of all the assets that can be staked in it. Eth, Dot, Atom, NFT, Tokenized Property, etc
Multi Bonded Proof of Stake algorithm reaches consensus between all the actors who stake all these assets. In case that any of these assets capitulates, Kira is still functional as it still can reach a consensus.
This approach makes it the most resistant network toward attacks
This approach makes it the most resistant network toward attacks
Kira token will be used by the governance module, it can be staked and will be used to pay for fees in the network.
Those who stake their assets in the protocol can earn block and fee rewards and their stake will be liquid.
Those who stake their assets in the protocol can earn block and fee rewards and their stake will be liquid.
Having a liquid stake means that the protocol gives you a derivative of the asset you staked to use it somewhere else, thus leveraging your gains.
If you stake ETH, you get sETH which you can trade it for other tokens while maintaining your original stake
If you stake ETH, you get sETH which you can trade it for other tokens while maintaining your original stake
It will be interconnected with all L1 blockchains so you can trade your native Bitcoin for ETH or DOT or KEX in the Kira’s DEX.
I'm looking forward to the implementation of the crowdfunding mechanism called IVO (Initial Validator Offering)
Usually, when u participate in an ICO you swap your BTC or ETH token for the new token
Usually, when u participate in an ICO you swap your BTC or ETH token for the new token
In the IVO, you can delegate your stake (ETH, BTC, NFT, etc) to a validator, and all the fees and block rewards generated by it will be exchanged for the new token offered in the fundraiser, so you can still maintain your original stake (ETH, BTC, etc)
For more go to http://kira.network and also be sure to check their Medium account
This is a very good AMA done by D-Core, an institutional grade crypto research company
This is a very good AMA done by D-Core, an institutional grade crypto research company
