KING OF DEFI — a smart contract based platform, designed to eliminate bottlenecks in the financial ecosystem. Also, it facilitates the access of individuals and corporate firms to sources of financing for their business.
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Description of the KING OF DEFI project
KING of DEFI — a digital finance project, based on the TRON blockchain. This gives the user the ability to place bets, lend and manage other features. The decentralized finance aggregation protocol simultaneously provides a wide range of betting and lending products. It will be exposed as collateral for borrowing a stablecoin such as TRC20-USDT, USDJ.
Distinctive features:
| X-lending | An innovative P2P blockchain-based lending that uses KODX and TRX as collateral. All savings, borrowing and lending operations are carried out by using smart contracts. |
| X-bets | The platform offers several betting options to choose from in order to earn more rewards. |
| X-Cover | This is a prototype of a new insurance model. Tokens allow investors to insure crypto pools with liquidity. |
The KingofDeFi platform consists of various products. KODX is the native token of the ecosystem. It will serve as a communication tool between users and various KingofDeFi products.
The borrowing program helps to make stablecoins or some crypto funds available to individuals or firms that need them, but have difficulty with raising the necessary collateral.
Additional information
The site contains the WhitePaper document, with the help of which you can familiarize yourself in more detail with the rules of the project. Also, a Roadmap is available, which marks the development stages and upcoming updates.
From social networks, the community leads:
Join to stay up to date with all news, as well as to communicate with other members. Smart contract audit can be viewed here. This will allow you to be sure of the integrity of the project.