# What is Kokoa Finance (KSD, KOKOA)? Kokoa Finance is the first crypto-asset-backed stablecoin platform built for the Klaytn blockchain. Kokoa Finance is permissonless and entirely on-chain, adopting two-token system: KSD and KOKOA. KSD is decentralized stablecoin operating by collateralizing crypto-asset, whereas KOKOA is a governance token for KokoaDAO. KokoaDAO is a decentralized organization targeting to manage the sustainability and soundness of the KSD monetary system. Users can participate in KokoaDAO by staking KOKOA. # What Makes Kokoa Finance Unique? Aforementioned, KSD is a crypto-collateralized decentralized stablecoin, provided exclusively by Kokoa Finance. Using Kokoa Finance, users can borrow KSD stablecoin without paying any nominal cost. Furthermore, Kokoa Finance internally utilizes “Flash Mint” mechanism, allowing users to easily create leveraged positions. These features contribute to the construction of user-friendly ecosystem, which in turn promote the growth of the entire network. # How are KSD minted and how does KSD maintain its price stability? KSD is a crypto-asset-backed stablecoin, maintaining its price stability via managing various types of collaterals in vaults, and also charging stability fee. Collateral Vaults are constantly monitored with price oracles. Based on the monitoring result, long-term demand and supply of KSD is adjusted thereby conserving its pegging with USD. Moreover, KokoaFarm Labs has also launched i4i, its StableSwap DEX of which functionality is expected to be expanded as it combines CryptoPool. As a consequence, KSD prices can also stay stabilized for some short-term period
Daily trade volume is 342.68 CZK.
The Kokoa Stable Dollar price today in CZK is 7.3. Through the Kokoa Stable Dollar price history, the price ranges from 35.54 CZK (all time high) to 5.9 CZK (all time low). Kokoa Stable Dollar price last 24 hours fluctuated from 7.33 CZK (24h high) to 7.02 CZK (24h low).
Check the Kokoa Stable Dollar value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://kokoa.finance/
Block explorers: https://scope.klaytn.com/token/0x4fa62f1f404188ce860c8f0041d6ac3765a72e67?tabId=tokenTransfer https://scope.klaytn.com/token/0x4fa62f1f404188ce860c8f0041d6ac3765a72e67
Forums:
Twitter: https://twitter.com/KokoaFinance/
Kokoa Stable Dollar live price may differ in various exchanges. Check KSD real-time data to make informed decisions.
You can buy Kokoa Stable Dollar on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell KSD at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Kokoa Stable Dollar trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Kokoa Stable Dollar and trade with REVENUEBOT in less than a second.
In short, only if the current value of Kokoa Stable Dollar will be less than the value of Kokoa Stable Dollar at the moment of selling in the future. The Kokoa Stable Dollar chart can only assist the Kokoa Stable Dollar value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Kokoa Stable Dollar value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the KSD supply. Check the Kokoa Stable Dollar live chart to see the current supply and predict how long it will take for the coins to run out.
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