KLEVA
Klaytn's first DeFi protocol specializing in leverage yield farming.
Last updated
Klaytn's first DeFi protocol specializing in leverage yield farming.
Last updated
KLEVA Protocol aims to become the largest lending protocol for leveraged yield farmers and lenders within the Klaytn DeFi Ecosystem. Currently, when compared to layer-1 blockchain players like Ethereum, Binance Smart Chain, and Solana, Klaytn's DeFi Ecosystem is rather small and needs work to progress. Various types of protocols need to be introduced and protocols must work together to create a synergy effect. We believe Klaytn DeFi has only just started to expand, and that many more protocols will join the Ecosystem.
KLEVA Protocol is the first DeFi protocol in Klaytn to specialize in Leveraged Yield Farming. We take advantage of the liquidity layers in Decentralized Exchanges and act as the amplifier for these exchanges. By integrating with farms, we trigger an inflow of liquidity to both exchanges and our protocol, leading to a higher TVL for the entire Ecosystem.
Moreover, farmers can maximize their yields and lenders can earn passive income by lending their assets to farmers. In short, we accelerate the growth of the entire Ecosystem by taking advantage of current DeFi protocols and opening a gateway to a bigger economy - bringing wider opportunities for all participants.
