Kesef Finance: A Look Into The Most Accessible DeFi Platform

One problem still rears its head: the complexity of usage, especially to the traditional users out there —a problem Kesef Finance is set to solve.

What is Kesef Finance?

Kesef Finance is the multichain DeFi based platform that will implement Polkadot, Ethereum, and Binance Smart Chain—providing users with multi choice use of different protocols with variable utilities, fast and cheap transactions.

The platform integrates the typical farming and staking features and adopts an app-first approach that allows users to farm, earn, store, and spend their token in crypto without swapping first to fiat. The platform aims to be the one-stop platform where users can carry out all their needs efficiently and simply.

Key Features

Debit card

DeFi components of Yield Farming and Staking 

Mobile App

Dex trading

Multichain

Project Components

The critical component of the Kesef Finance platform is centered around ease of usage targeting the non-crypto community. The project is poised to promote mass adoption of the blockchain by enabling an easy use approach, unlike what is currently obtained in other DeF platforms.

Multichain:

By integrating multi chain capabilities, the platform has offered users the most needed use case – faster transaction and cheap fees. Both blockchain protocols of Polkadot and BSC have been known to allow speedy transactions with affordable fees. By integrating with these networks, users will be able to carry out transactions without the hassles of a slow or failed network. 

With the introduction of ETH 2.0 in the future,  the platform will achieve more interoperability across chains and cheap fees within all three chains. Multichain integration will form the basis of all other features found in Kesef Finance as the upcoming launch on BSC is planned for June.

Kesef App:

It is a non-argument that we do the most things with our mobile devices daily in today’s world. Due to this, Kesef protocol has the Kesef Mobile App as the central point of the entire ecosystem.

The app will allow for swapping of 3000+ cryptos through Dex Platforms like Uniswap and PancakeSwap.  Kesef delivers this sought after app  since it promotes ease and convenience for users directly from their phone

Not only will trading be allowed on the app, but all other Kesef Functions will go through the app first; this includes managing Kesef cards, Fiat deposit and withdrawals, customer support, and a lot more. The platform adopts a mobile-first approach which means users will need just one app on their mobile to dive into the entire DeFi industry. 

Kesef Farm:‍

Kesef Finance takes care of all the complexities associated with farming – a lucrative aspect of the DeFi movement ; users can access the most intuitive and advanced farming mechanism on the blockchain through an intuitive UX. Across pools and chains.

For advanced users, they can farm on multiple pools on different DeFi products from the Kesef App. While for beginners, the Kesef app’s advanced algorithm does the dirty work. The platform will implement an auto farm system; thus, users can simply connect to the pool and allow Kesef to take care of the staking in higher yield pools.

How does it work? The algorithm is structured to detect high yield APYs and sends users funds without any complexity involved. That way, users are assured of high yield and lucrative APYs at all times.

Kesef Debit Card:

Kesef debit card is a zero fee card for users that will allow the purchase of goods and services directly with crypto without first converting to fiat. The card will come in two types; virtual and physical, both available to users. The debit card will function like a regular card and will be available for ATM usage worldwide at no extra costs.

Dex Trading:

Connect to Dex platforms like Uniswap and PancakeSwap right on your mobile app while Kesef takes off the complexity associated with swapping on these platforms. Connecting wallets and downloading wallet extensions might prove cumbersome to newbies without prior experience. By making use of the Kesef Mobile App, all of these complexities are handled already. All you need to do is to focus on your returns and trades.

Kesef Finance Platform Updates

Kesef has recently sealed a partnership collaboration with Ares Protocol, the intelligent, cross-chain Oracle-based protocol powered by Polkadot providing safe and reliable data for the DeFi platform.

The partnership will enable some ground-breaking ramifications in Kesef’s operations to add Polkadot integration, gathering credible and compelling data for future upgrades.

KSF token is already listed on Coinmarketcap, currently trading at $0.76 and 14% up in the last 24hrs. The token is also listed in Bilaxy paired to USDT and PancakeSwap V1.

Tokenomics

KSF is Kesef platforms’ native token; it’s the governance token that gives rights to the holders in the platform decision-making process. 

Users will be able to mine on launch.

Cross-chain compatibility will be achieved through the token

The initial stage will last for four weeks, or precisely 864,000 blocks

4% Fee for deposit and no withdrawal fees

Fees collected will be used to buy back and burn the KSF token, effectively making KSF a deflationary token.

Token Allocation 

Total Supply – 25 MILLION KSF

Liquidity Mining – 10 Million KSF

Initial Supply – 15 Million KSF

Private sale – 2 Million KSF

Presale – 6 Million KSF

Marketing Treasury – 1 Million KSF

Team Tokens ( Locked for three months ) – 1 Million KSF

Bug Bounties – 1 Million KSF

Exchange Market Maker Tokens  – 1 Million KSF

Roadmap

Launch ( May – June 2021 )

Token Fair Launch on ETH

Token Migrate and Bridge BSC-ETH

Audits

Listing on Bilaxy

Listing on Uniswap

Apply for Listings on Coinmarketcap, Coingecko, DappRadar, BscScan, Livecoinwatch, etc.

Make a professional and attractive design.

Partner and listed on Apeboard.finance, Walletnow.net, 0xtracker.app

Sky Farming (Stake KSF to earn BUSD and BNB) – 14 to 21 days after launch

Twitter Contests

Partnerships

Listed on Coinmarketcap.

Open first launch pool with a partner

Get Certik listing

Kesef App ( Launch July 2021)

Walletconnect Send/Receive

Uniswap Dex

Pancakeswap Dex

Kesef Pools integration

Kesef Card ( Q4 2021 )

Kesef Finance Company Registration

Kesef Legal and Compliance Officers

A more significant number of the May-June roadmap plans have been achieved. The token has been first deployed on ETH chain, and now a planned bridge to BSC is coming next month. A lot of partnerships are coming next month. The team will launch Kesef App with Uniswap and PancakeSwap Dexes integration plus pool integration in two months. In Q4, the team plans to launch the Kesef Card with the finance company registration and the addition of Legal and Compliance officers.

​

In Conclusion 

Complexity is a known problem that affects the mass adoption of the blockchain. A lot of projects have attempted to make the protocol simple. Still, many aren’t realizing how much importance mobile applications have played in people’s lives that make life easier. Kesef Finance Mobile App’s first approach will promote saving, earning, storage, and protocol used in the most convenient and easy-to-use manner.

Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Source : bsc.news