First decentralized protocol.
Hi guys back again with me. today i want review a big project in the future. let me introduce a project called HIMEGAMI PROTOCOL
What is HIMEGAMI Protocol?
Himegami Protocol ($ KGR) is Japanese first decentralized protocol managing algorithmic stable token.
Our Mission
The Himekami Protocol is a DeFi project that aims to break away from centralized finance and fixing problems with existing stable coins. The Himegami protocol aims to function as a synthetic asset that represents speculation on the price of Japanese yen (¥).
Features if you join HIMEGAMI Protocol :
- Shinobi Wallet — Aim to develop the best UX by gathering all transaction functions which indicate different needs of users in DeFI projects such as Uniswap, Compound. Along with becoming a minor and international incomprehensive DeFi gateway, security is carefully considered. It is the first wallet in Asia that keeps users completely anonymous by account mixing.
- Rebase system — The rebase function is a new concept to the crypto market and is basically associated to supply smoothening for decentralized elastic supply tokens like KGR.
- Exchanges
Daiwa Bank expects to explain cross-chain exchanges focused on KGR inside the bank.
Token
Himegami protocol consists of 5 tokens and one bank
- KGR
KGR is a dynamic and completely decentralized elastic supply protocol that aims to cater to the liquidity needs of the broader crypto market, and more importantly, to solve the issues of market manipulation. - UKH
sUKH - "S" stands for stock and sUKH functions as a stock. The maximum supply of sUKH is 250 million tokens. - bUKH - "B" stands for bonds and bUKH functions as corporate bonds. The maximum number of issued sheets is 500,000,000 including sUKH.
- OMK — The governance token OMK is a basic ERC20 token that is used to encourage those who contribute to the Himegami project.
- Yamato Bank
Yamato Bank aims to be the clearest central bank in the world. Its role is to ease and tighten the market distribution volume of KGR.
Allocation Token
Roadmap
This is made possible through an elastic supply characteristic and programmatic rebasing protocol which incentivize market actors to drive KGR token price to its target (peg) price. The Kagura Token (KGR) is the first legitimate stable token from Japan and peg with YEN.YEN is one of the most stable values in the world. The Himegami Protocol will be the fairest stable token in the world by operating with a smart contract.
For More Information :
Website: https://himegamiprotocol.org/
Twitter: https://twitter.com/himegami_pro
Telegram: https://t.me/himegamiprotocol
Author : AdnanAdrianto
Link BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=1925172
Wallet : 0xE6DDbaEc5F829Ed0C150CB45B3A5Fe3129A8B364
