KOVRITA.IO — a detailed, networked combination of all three core support models. The Kovrita project exists to expand the capabilities of decentralized cryptocurrency exchanges and to solve the most basic problems in the cryptographic currency ecosystem. Project decisions are aimed at high price volatility, market manipulation and fair, independent of each other assessment of a variety of digital assets and technologies.
Contents:
- Brief description of KOVRITA.IO project
- The basics of the project
- Rewards for system users
- Referral system
- Additional information about KOVRITA.IO
Brief description of KOVRITA.IO project
The philosophy behind the Kovrita project is, first of all, to support the concept of decentralization and open source software development fully. The ultimate goal of the project team - to make a significant contribution to the cryptographic space, not only developing tools and platforms for exchanging digital assets exclusively for trading and investment purposes, but also contributing to the expansion of the blockchain technology use in wider areas of people's daily lives. Kovrita US Dollar - an innovative stable coin, compatible with ERC-20, with built-in features such as instant buy / sell via Ether, affiliate system and much more.
The basics of the project
A team of innovators and entrepreneurs in the field of information technology transfers crypto-resistant technologies to the future. The developers want to provide the best technological solutions for the crypto industry. And, thus, want to have a significant impact on the implementation of such technologies by end-users of the community and any enterprises.
Differences from other platforms:
| A new approach to creation of the stable coins | Kovrita stable coins - a detailed combination of all three core collateral models. Any type of failure of a third-party Kovrita network can’t affect the stability of the entire system. |
| Readiness for rules and regulations |
Distributed ownership of the project by the involved parties will allow enterprises to carry out their activities in full compliance with local laws and regulations. |
| Distributed ownership and storage | This resource is fully open to participation in the ownership of the project by any interested person. And it will finance the creation of new third-party enterprises, whenever possible. In the Kovrita network, this approach allows you to create many interconnected enterprises with overlapping interests, without sacrificing the full profit potential for their owners. |
For the reason that all platform coins are secured by the corresponding assets, the possession of any of the platform's coins means the possession of the corresponding traded asset. The common Ethereum ERC-20 standard for Kovrita coins provides a solid foundation for developing your own DEX project, but can be used by any existing DEX.
Rewards for system users
To take part in all Kovrita Staking Reward reward options, you need to buy USDk coins and make a deposit to the selected rate agreement.
Such payment in most cases is the same for each withdrawal option, however, depending on the current stage of the DSO, it may vary for each placement option. All withdrawal fees are displayed in the corresponding section of the Kovrita user interface.
Referral system
You can earn extra Kovrita referral rewards. To do this, post your referral link on your pages in social networks, a personal blog or other Internet resources.
Referral system levels:
- Level 1. Get up to 5% of deposits, made by people you sent directly. When people click on your referral URL and then deposit into the system, the smart contract automatically pays a reward sent directly to your Ethereum address.
- Level 2. In addition to or instead of your own efforts to invite people to join the Kovrita project directly, the Tier2 option allows you to receive additional (up to 1%) referral rewards from the contributions of attracted people to your project by your direct referrals.
To get a referral link, you need to connect your Ethereum wallet to the Kovrita user interface (UI), using MetaMask or any other Web3.0 compatible browser.
Additional information about KOVRITA.IO
The project website has a Road Map, which marked the upcoming platform updates. Also, there is White Paper, thanks to which you can learn basic information about the system. The audit of the smart contract was not conducted. From social networks, the community is on Twitter and Facebook. You can subscribe to their pages to stay up to date with all news. For all questions and suggestions a mail is valid.