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FGI:
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KAR Logo

KAR

Karura

0.05803

7.07%

Polkadot Ecosystem
Spartan Group
Polychain Capital Portfolio

Circ/Total Supply

116666660/116666660

100%

Volume/24h%

83006.453932

7.07%

#--

24h Turnover

1.23%

24h
7.07%
7d
-4.48%
3mo
5%
6mo
-16%
1y
-71%
All
- -
Basic Info
Chain
Algorithm
Consensus
Launch Date
--
Token Distribution
Social Media
Social Media
Explorer
Explorer
Cryptocurrencies
$6,770,054.56
MC %
<0.01%
FDV
$6,770,054.56
Circulating Supply
116,666,660 KAR
Total Supply
116,666,660 KAR
Circ. Rate
100%
Max Supply
116,666,660 KAR
Listed Date
--
Listed DEX/CEX
8
Initial Price
Project Info

Karura, Kusama's decentralized financial hub platform, is a sister platform to Acala and implements a scalable, user-friendly, fast cross-chain DeFi platform using almost the same code base. Karura's Parachain is a fast, powerful platform for efficient, inexpensive and complex financial applications that improve transaction efficiency and save time. The platform offers a set of financial native coins: multi-collateral stabocoins backed by cross-chain assets such as Kusama and Bitcoin, untrusted station-post derivatives, and decentralized exchanges to unleash liquidity and fuel financial innovation.

The team has chosen to launch Karura (KAR) on Kusama island in order to provide DeFi products to its community, and will release Acala platform, a similar centre in Polkadt, later in 2021.

Karura's native cryptocurrency KAR is expected to be airdropped to community members who use KSM (Kusama's cryptocurrency) to vote for Parachain to go live in Kusama through a process called the Parachain auction.

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Attention Score
2.04
Exchange7
Top 10 Exchange4
Social Media
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