Announcing Partnership with Kurrency
We are pleased to announce a strategic partnership between Orakl Network and Kurrency, aimed at enhancing the landscape of decentralized finance.
Kurrency, an innovative service, enables users to mint, deposit, and efficiently swap Klaytn Crypto Dollar (KCD). KCD, a cryptocurrency designed to minimize price fluctuations akin to the stability of the US Dollar, is securely minted through over-collateralization measures implemented by Kurrency.
Within the Kurrency platform, users have the opportunity to mint KCD by leveraging various tokens as collateral. By depositing tokens, users can mint KCD and explore diverse DeFi investment avenues. Profits from KCD investments are attainable, with the added flexibility for users to withdraw their collateral at their discretion.
Kurrency facilitates collateral deposits with the following tokens:
- WEMIX
- ETH
- KLAY
- USDT
- USDC
- DAI
Complementing Kurrency’s operational framework, Orakl Network will provide essential, up-to-date price feeds. This integration guarantees that Kurrency has access to precise and prompt information, enabling the service to operate seamlessly and with optimal efficiency.
The partnership between Orakl Network and Kurrency signifies a joint commitment to advancing DeFi accessibility and reliability. Together, our aim is to offer users a secure and dynamic environment for financial exploration.
We look forward to the opportunities this collaboration will present to the DeFi community. Stay tuned for updates as we work toward a more robust decentralized financial ecosystem.
- Website: https://kurrency.io
- X: https://x.com/KurrencyFinance
- Discord: https://discord.com/invite/kurrency
- Docs: https://docs.kurrency.io/
New To Orakl Network?
Orakl Network is an easy to use native token oracle that supports Verifiable Random Functions (VRF), Request-Response, Data Feed and Proof of Reserve. You can learn about each of these functionalities at our documentation or dive directly to code with curated hands-on tutorials for each of our services: vrf-consumer, request-response-consumer and data-feed-consumer.
