Kyrios Finance - much more than a farm or a project. The developers carefully selected tokenomics to create a longer and more sustainable project for users. 3% - commission for the deposit. A portion of these fees will be for redemption and marketing. 10% of the emission will be sent to the address of the developers, so that later it can be used for burning, distribution and multiple dynamics.
Description of the Kyrios Finance project
Kyrios Finance — a farming project where users will be able to wager and earn Kyrios over time.
Yield farming — the practice of staking or lending crypto assets for high profits or rewards in the form of additional cryptocurrencies. Therefore, if you provide liquidity to a project, using certain assets, such as stablecoins or other types of coins, you will receive a project token in return.
Other features:
| 1. | Liquidity mining occurs when a participant in income farming receives rewards in the form of tokens as additional compensation. |
| 2. | Most farm protocols reward liquidity providers with governance tokens, which can typically be traded on both centralized and decentralized exchanges. |
Farm protocols encourage liquidity providers (LPs) to deposit or lock up their crypto assets in a smart contract-based liquidity pool. These incentives can be a percentage of the transaction fee, interest from lenders or a governance token.
What is APR and APY?
APR — an abbreviation for Annual Interest Rate, which stands for the annual funds you receive as investment interest. This usually includes any additional costs or fees that you must pay, but does not include compound interest.
APY stands for Annualized Interest Income, which is the actual rate of return, earned on an investment, after compounding interest. Compound interest, unlike simple interest, allows the investor to earn interest on interest by adding his profit to the initial investment amount. For example, in the DeFi world, you can earn a staking reward and add it to your total staked coins to earn higher returns next time.