Kokoa Finance
Curated by SignalBlockchain financial services platform offering yield-generating stable coin solutions.
Overview
Kokoa Finance is a blockchain financial services platform that operates primarily on the Klaytn network. The platform offers a stablecoin known as KSD, which is collateralized by cryptocurrency assets. Klay holders can borrow without incurring interest by staking their Klay. KSD holders have the option to earn yield through a savings account that offers a competitive annual percentage yield. Kokoa Finance incorporates decentralized governance, allowing stakeholders to engage in decision-making processes and earn dividends from the protocol. The platform aims to address yield generation needs within the blockchain sector, providing financial solutions for both Klay holders and KSD users.
Key facts
- Founded
- 2021
- Headquarters
- Nigeria
- Stage
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- Industry
- Financial Technology
- Sector
- Decentralized Finance
Business model
- 6 products and services
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- Commercial model
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Contact
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