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Kokoa Finance
Kokoa Finance is a protocol on the Klaytn network that offers KSD, a yield-generating stablecoin. Users can borrow KSD with zero interest by staking Klay or earn high interest by depositing KSD.
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Kokoa Finance
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Description
Kokoa Finance offers a stablecoin called KSD, which is backed by crypto assets and managed via CDPs. Users can borrow KSD with zero interest by staking Klay and earn 20% APY by depositing KSD. Kokoa holders can participate in decentralized governance and earn protocol dividends.Category: CDP
TVL: $174K
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