Klaytn’s new Klaytn-based incubator, Krew, designed to support DeFi projects in EVM-enabled blockchain, goes live on June 21. This comes after the launch of the KLAP (Klaytn Lending Application) last week. KLAP the protocol of the secured market, which was Krew’s first project. Klaytn’s native loan protocol has collected the following in place of the loan.
Krew allows users to donate and redeem goods on the Klaytn blockchain, and early adopters receive the benefits of the KLAP and KLAY tokens. Recently, Krew raised $4 million in a funding round led by Quantstamp and Ascentive Assets
KLAP fine-tunes all KLAY token exits, placements, and search settings by introducing Krew to maximize long-term value. In addition, the accelerator provides liquidity, marketing support, tokenomics advice, market plans, and other essentials needed to launch operations for additional Klaytn-based businesses.
Krew visualizes an increase in store acquisition through Klaytn’s architecture technology, which allows for higher TPS, faster ending, and cheaper transactions, with about 30,000 people joining KLAP communication channels on Twitter and Discord, as well as subscription entry. earlier than 100,000 hours within 48 hours. the first campaign.
At the launch of the program, Adam Cader, Krew’s Head of Strategy, said “in the next few months there will be a major shift between major L1s and their users.”
Adam further stated:
“Due to their deep connection with Kakao and general presence in the Korean market, we regard Klaytn as one of the dark horses in this race. With all of these elements in play, we believe now is the ideal time to give the Klaytn DeFi ecosystem an extra push.”
