Kokoa Finance (KOKOA)
KOKOA

Kokoa Finance KOKOA

Price of 1 Kokoa Finance today (29 April)
$ 0.000618
-6.86%
Price Min/Max
24 hrs
$ 0.00061
$ 0.00066
30 days
$ 0.00061
$ 0.0011
1 year
$ 0.00061
$ 0.0093
Market Cap
#8645
Trading Volume, 24h
$ 722.43
+2379.17%
Supply token

Today Kokoa Finance (KOKOA) торгуется только на . The maximum trading volume is observed for the trading pair KOKOA/KLAY and reaches 723 dollars (100% of the total volume across all exchanges). During the week, the minimum price for Kokoa Finance (KOKOA) is fixed on Monday at 0.00062 cents. Currently, the token Kokoa Finance is trading in the range of 0.06 cents or 5.75 kopecks for 1 KOKOA.

Price of Kokoa Finance (KOKOA)

Exchanges where KOKOA is traded

Exchange Pair Price Volume, 24h
1 KOKOA/KLAY
$ 0.00062
KLAY 0.0033
$ 723 Go

Calculator KOKOA

KOKOA
USDT

1 KOKOA = 0.00062 USD

What is Kokoa Finance?

# What is Kokoa Finance (KSD, KOKOA)?
Kokoa Finance is the first crypto-asset-backed stablecoin platform built for the Klaytn blockchain. Kokoa Finance is permissonless and entirely on-chain, adopting two-token system: KSD and KOKOA. KSD is decentralized stablecoin operating by collateralizing crypto-asset, whereas KOKOA is a governance token for KokoaDAO.
KokoaDAO is a decentralized organization targeting to manage the sustainability and soundness of the KSD monetary system. Users can participate in KokoaDAO by staking KOKOA.

# What Makes Kokoa Finance Unique?
Aforementioned, KSD is a crypto-collateralized decentralized stablecoin, provided exclusively by Kokoa Finance. Using Kokoa Finance, users can borrow KSD stablecoin without paying any nominal cost.
Furthermore, Kokoa Finance internally utilizes “Flash Mint” mechanism, allowing users to easily create leveraged positions. These features contribute to the construction of user-friendly ecosystem, which in turn promote the growth of the entire network.

# How are KSD minted and how does KSD maintain its price stability?
KSD is a crypto-asset-backed stablecoin, maintaining its price stability via managing various types of collaterals in vaults, and also charging stability fee. Collateral Vaults are constantly monitored with price oracles. Based on the monitoring result, long-term demand and supply of KSD is adjusted thereby conserving its pegging with USD.
Moreover, KokoaFarm Labs has also launched i4i, its StableSwap DEX of which functionality is expected to be expanded as it combines CryptoPool. As a consequence, KSD prices can also stay stabilized for some short-term period

How to add Kokoa Finance to Metamask?

To add KOKOA to the metamask you need:

  1. In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
  2. Copy the smart contract address for Kokoa Finance from the list below.
  3. Paste into the "Smart Contract Address" field.
  4. Click the "Add Custom Token" button.

The KOKOA is available on the 1 blockchain сети. Below is a list of Kokoa Finance smartcontract addresses to add to the metamask:

  • Klaytn - 0xb15183d0d4d5e86ba702ce9bb7b633376e7db29f

Official websites and links for Kokoa Finance

There are currently about 3 official links to Kokoa Finance websites and social media:

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