Kine Governance Token

What is KINE and how Does It Work?

Kine is a protocol that works on enabling the creation and exchange of alternative assets. It was released to establish a link between traditional financial structures and decentralized finance (DeFi), intending to address found discrepancies in the alternative asset protocols. In the Kine system, alternative assets are digital equivalents of conventional assets like stocks, currencies, or commodities. The protocol implements an approach known as AMM-based Collateralized Debt Position (ACDP), where users contribute collateral, producing alternative assets against it for market trading. Kine introduces Kine Synths to liquidity providers, tokens that carry two functions: liquidity provision rewards and governance tokens providing holders with voting rights along with influence over the protocol's future. A Chainlink decentralized oracle integration is used for providing correct price feeds of the assets. There is an incentive system named kinetic mining present in Kine which prompts active participation and facilitates the protocol growth.

Kine caters to the trader spectrum from the less experienced to the more seasoned with its user-centric design. It was fashioned by a knowledgeable team with expertise in blockchain, finance, and technology and has garnered backing from various firms. Regular updates on different social media platforms like Telegram, Twitter, and Medium are made available for the users about the continuous progress. Kine Synths can fulfil multiple functions such as trading, providing collateral for loans, and risk hedging. The design of Kine's protocol aims to offer visibility, liquidity, and accessibility to the alternative asset market, fulfilling a valuable role in the expansive DeFi ecosystem. There are plans to extend the alternative asset types range in Kine and to probe possible alliances within the DeFi sector.

The Vision and Mission Behind KINE

KINE, a decentralized autonomous organization (DAO), includes holders of its governing component, KINE, in decision-making and project orientation. It acts as an accessible protocol layer for specified dApps and incorporates adaptable capacities. Market participants may generate ktokens by securing their liquidity provider tokens or alternative tokens in pools. These secured assets become collateral in the KINE Universal Vault, which results in the birth of ktokens that correspond in value to the secured assets. Through the Kine Trading Protocol, market participants can utilize these safeguarded assets for engagement in an ongoing contracts market. KINE underlines non-custodial protocols, transitioning its trading and staking functionality to a decentralized format. This technique is developed to evenly distribute availability to various financial tools and mitigate traditional limitations on capital engagement in the decentralized finance field.

How to Buy and Store KINE?

To purchase KINE, Flooz.xyz offers a streamlined process. Flooz.xyz offers a one-stop solution to buy this token, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless KINE transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades.

KINE Metrics:

• Current price: $0.0084

• Market cap: $169.01 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $309