KLAP Finance Wins Applause Of DeFi Investors As It Amasses 2nd Highest TVL On Klaytn

cryptodaily.co.uk

Image source: Depositphotos.com A new DeFi application on the Klaytn blockchain has begun life with a bang, accumulating what is now the second-largest total value locked in its ecosystem just days after its launch.  Known as KLAP (Klaytn Lending Application), it has so far amassed an impressive $79.3 million in TVL since launching on June 21, putting it second only to KlaySwap, which has been around for more than three years already.

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Timeline of Klaytn


New DeFi accelerator Krew launches in Klaytn ecosystem - Invezz

Krew, a new DeFi accelerator housed in the Klaytn (KLAY/USD) ecosystem, is launching with funds totaling $4 million, which will be used to create, incubate, and support DeFi projects in the EVM-compatible blockchain, Invezz learned from a press release. KLAP (Klaytn Lending Application) is the first project to onboard the Krew accelerator. Since coming out The post New DeFi accelerator Krew launches in Klaytn ecosystem appeared first on Invezz.


Krew Launches Klaytn-based DeFi Accelerator to Support Next Wave of DeFi Startups - Crypto Daily

BVI, Tortola, 21st June, 2022, Chainwire Krew, a new DeFi accelerator housed in the Klaytn ecosystem, is launching - armed with a $4 million war chest that will be used to create, incubate, and support DeFi projects in the EVM-compatible blockchain. KLAP (Klaytn Lending Application), the first project to onboard the Krew accelerator, just came out of stealth last week and attracted tens of thousands of followers for the Klaytn-native lend/borrow protocol.


Klaytn partners with Parity to boost its Metaverse growth - Invezz

Klaytn, a public blockchain developed by South Korean internet giant Kakao has partnered with Parity Technologies as it looks to advance its presence in the blockchain ecosystem. With this collaboration, Klaytn hopes to further its image as the go-to platform for projects in the metaverse, gaming and decentralized applications (dApps). Parity is a key strategic The post Klaytn partners with Parity to boost its Metaverse growth appeared first on Invezz.

KlaytnKLAY$0.307000

Klaytn has 5 new gaming partners to drive creation of its metaverse - Crypto Daily

Klaytn, the dominant blockchain in S Korea, has 5 new gaming partnerships which it hopes will drive the creation of a new metaverse on its blockchain. With the Bank of Korea CBDC (Central Bank Digital Currency) project already secured, and integration achieved with the South Korean super app KakaoTalk, the Klaytn blockchain is now heading towards the creation of its own metaverse with the help of 5 gaming partnerships.


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The US-based Metaverse concert organizer Animal Concerts has partnered with South Korea's Klaytn blockchain network to bring leading global music entertainment stars to the Metaverse.


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The year 2021 has seen a monumental breakthrough in terms of the blockchain and cryptocurrency revolution. Global inflows towards virtual currencies have surpassed the trillion mark. Whilst shift over towards blockchain adoption is at its peak, Klaytn is one such project that aims to bestow this technology to all types of users, from small startups …


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Kokoa Finance Raises $2.3M to Build DeFi on Klaytn - BeInCrypto

Decentralized finance protocol Kokoa has secured a round of venture capital investment to build DeFi features on Klaytn. The post Kokoa Finance Raises $2.3M to Build DeFi on Klaytn appeared first on BeInCrypto.

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