Kokoa Finance

1. Summary

Ranks

Liquidity

-

Developer

-

Social

37

Momentum (beta)

0

Stack Rank™

-

Price

$0.000177040000 0.0%

Market Cap

$0.00 (#12188)

Supply

/

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Price
52W High price	$0.009212669900
52W High date	9th Aug 2023 (1 year ago)
All Time High (ATH) Date	3rd May 2025 (3 weeks ago)
All Time Low (ATL) Date	3rd May 2025 (3 weeks ago)

Supply & Trading Volume
Trading Volume (24h)	$4.00

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Description

Kokoa Finance is the inaugural crypto-asset-backed stablecoin platform for the Klaytn blockchain. It utilizes two tokens, KSD and KOKOA. KSD is a decentralized stablecoin secured by collateralizing cryptocurrency assets, while KOKOA serves as a governance token for KokoaDAO, a decentralized organization aimed at managing the stability of the KSD mo...

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Kokoa Finance is the inaugural crypto-asset-backed stablecoin platform for the Klaytn blockchain. It utilizes two tokens, KSD and KOKOA. KSD is a decentralized stablecoin secured by collateralizing cryptocurrency assets, while KOKOA serves as a governance token for KokoaDAO, a decentralized organization aimed at managing the stability of the KSD monetary system. The platform uses a "Flash Mint" mechanism to let users generate leveraged positions. Price stability of the KSD is maintained through continuous monitoring of multiple types of collateral in vaults, and by charging a stability fee. The adjustment of KSD supply and demand based on monitoring results helps to maintain its peg to the USD. KokoaFarm Labs also launched i4i, a StableSwap DEX expected to help stabilize KSD prices in the short term.

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