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Kleva Protocol is a DeFi protocol on Klaytn specializing in Leveraged Yield Farming. Kleva utilizes the liquidity layers in DEXs and acts as an amplifier for these exchanges. With Kleva, farmers can increase their yields, and lenders can earn passive income by lending their assets to farmers.
$KLEVA is designed to capture economic incentives of Kleva Protocol. Liquidation fees, part of performance fees, and 10% of the lending interest will be used to buyback and burn $KLEVA.
Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Aave proposal considers activating fee switch and buying back tokens from open market Risk Manager Gauntlet Quits Aave and Moves to Rival Lending Protocol Morpho Radiant Capital Loses $4.5M in Exploit, Halts Lending Market on Arbitrum
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