KLEVA KLEVA

1. Summary

Ranks

Liquidity

62

Developer

-

Social

30

Momentum (beta)

0

Stack Rank™

-

Price

$0.07 -0.2%

Market Cap

$3.60M (#1922)

Supply

55.01M / 76.69M

Tags

More Metrics

Price
52W High price	$0.39
52W High date	20th Jan 2024 (6 months ago)
All Time High (ATH) Date	18th Jan 2024 (6 months ago)
ATH Price	$0.50
% From ATH	-69.73%
All Time Low (ATL) Date	12th Dec 2022 (1 year ago)
ATL Price	$0.02
% From ATL	604.59%

Supply & Trading Volume
Trading Volume (24h)	$1,386.00
Total Supply	76.69M
Max Supply	168.19M
Circulating Supply	55.01M

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Description

Overview

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Overview

KLEVA Protocol is a decentralized finance (DeFi) protocol operating on the Klaytn blockchain, specialized in leveraged yield farming. The protocol leverages liquidity layers within decentralized exchanges (DEXs) and acts as an amplifier for these exchanges. It integrates with farms to trigger inflows of liquidity to both exchanges and the protocol itself, resulting in a higher total value locked (TVL) for the entire ecosystem.

Functionality

KLEVA Protocol enables farmers to maximize their yields and lenders to earn passive income by lending assets to farmers. This growth is accelerated by taking advantage of existing DeFi protocols and opening gateways to a broader economy, providing wider opportunities for all participants.

Leveraged Yield Farming

Leveraged yield farming is a strategy where farmers borrow funds to increase their positions, thereby earning higher yields. This tactic is designed to permit under-collateralized loans, enhancing capital efficiency and leading to higher annual percentage yields (APYs) for both farmers and lenders. Leveraged yield farming offers various tactics to earn money, ranging from lending single assets to position hedging and taking long/short positions with pair assets.

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