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Kalata

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News

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What is Kalata?

Kalata is the backbone of synthetic asset issuance agreements and transactions, allowing everyone to have a seamless experience with real-world financial assets. Kalata runs on the Binance Smart Chain with higher performance, lower transaction costs and a higher degree of customization.

Contents:

  1. About Kalata project
  2. Additional information

Kalata - the backbone of synthetic asset and transaction agreements

About Kalata project

It is a derivative trading and mortgage lending platform for decentralized synthetic assets. KALA is the system's proprietary token, which helps to govern the community and drive ecosystem activity.

Some features:

1. Almost any asset can be backed by a peer-to-peer mechanism, be it BTC, ETH, altcoins, gold or fiat.
2. The platform also supports state of the art cross-margin while maximizing capital efficiency.
3. The project uses a high-performance oracle to match synthetic asset prices to real asset prices. Each trade will be executed, according to real-time price streams, with zero slippage.

Kalata runs on BSC, which offers lower gas charges and higher throughput. It will be easier for Kalata users to benefit from high liquidity synthetic assets and a high-quality user experience for all products. Kalata can generate synthetic assets from BUSD and will also allow users to trade with zero slippage, no counterparty and unlimited market depth, based on its extended debt pool model.

The Kalata synthetic asset agreement allows anyone to freeze collateral to create synthetic asset tokens with a minimum required value of 1.5 times the value of synthetic assets.Kalata

Kalata Exchange charges a 0.03 percent commission per transaction that goes to the mortgage pool and rewards KALA token holders (once a week for each). The amount of remuneration will be based on the shares of any pledgor in the total debt pool. Kalata users, who conduct transactions with derivatives, can also get rewards in the form of KALA tokens, depending on the proportion of the transaction amount to the total transaction volume.

Additional information

There is no WhitePaper document on the site. Instead, there is a short description and an introductory section. You will find general information and RoadMap with future updates there.

From social networks, the community leads:

  • twitter;
  • telegram;
  • discord.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.