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Klaytn-Based DeFi Accelerator Krew Nurtures New Wave of DeFi Startups

Krew, a Klaytn DeFi Accelerator, has been launched. The accelerator raised $4 million to support DeFi projects in the EVM-compatible blockchain. KLAP recorded 100,000...
Klaytn-Based DeFi Accelerator Krew Nurtures New Wave of DeFi Startups © Reuters Klaytn-Based DeFi Accelerator Krew Nurtures New Wave of DeFi Startups

  • Krew, a Klaytn DeFi Accelerator, has been launched.
  • The accelerator raised $4 million to support DeFi projects in the EVM-compatible blockchain.
  • KLAP recorded 100,000 pre-registration entries within 48 hours of the kick-off campaign.

A new Klaytn ecosystem-based DeFi accelerator is launched, titled Krew, to support DeFi projects in the EVM-compatible blockchain. This was followed by last week’s launch of a non-custodial lending market protocol named KLAP (Klaytn Lending Application), which was the first project Krew onboarded. The lending platform has since attracted a pool of followers for the Klaytn-native lend/borrow protocol.

To further develop the Klaytn DeFi ecosystem, Krew has raised $4 million through a pre-seed funding round that was led by Quantstamp and Ascentive Assets, followed by ROK Capital, Manifold, Krust, and Novis. Moreover, Krew enables users to both supply and redeem assets on the Klaytn blockchain, with the initial hook of KLAP and KLAY token rewards for early adopters.

With the launch of Krew, KLAP tunes all KLAY token’s emission, staking, and claiming parameters to optimize long-term value. Besides, the accelerator also enables other projects building on Klaytn with liquidity, marketing backing, advice on tokenomics, go-to-market strategies, and other crucial aspects required for launch activities.

With around 30,000 people joining the KLAP’s social channels across Twitter (NYSE:TWTR) and Discord, and more than 100,000 pre-registration entries within 48 hours into the kick-off campaign, Krew envisions to scale for retail adoption and leveraging Klaytn’s technical architecture enabling high TPS, fast finality, and cheap transactions.

Speaking on the occasion of this launch, Adam Cader, the Head of Strategy at Krew expressed his belief that “The next few months will see a great reshuffle between major L1s and their users” while he further added:

We see Klaytn as being one of the dark horses in this race due to their tight integration with Kakao and overall presence in the Korean market. With these factors combined, we feel now is the perfect time to give the extra push to bootstrap the Klaytn DeFi ecosystem.

With over 2 million active accounts in Klaytn, it is focused on nurturing support for the metaverse and revolutionizing blockchain adoption. Thereby, Krew aims to further accelerate Klaytn’s growth globally by employing its expertise to attract mainstream DeFi audiences to the network.

Klaytn is backed by Kakao Corp, known for KakaoTalk, the most popular messenger platform in Korea. However, the accelerator aims to expand the network’s adoption outside its Asia stronghold.

Continue reading on CoinQuora

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28-06-2022 15:31:50 (UTC+7)

EUR/USD

1.0587

+0.0004 (+0.04%)

Summary

↑ Buy

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Indicators:

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Sell (1)

EUR/USD

1.0587

+0.0004 (+0.04%)

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↑ Buy

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Buy (8)

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GBP/USD

1.2275

+0.0011 (+0.09%)

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Neutral

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USD/JPY

135.75

+0.32 (+0.24%)

Summary

Sell

Moving Avg:

Buy (4)

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AUD/USD

0.6952

+0.0029 (+0.43%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

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USD/CAD

1.2829

-0.0049 (-0.38%)

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↑ Sell

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EUR/JPY

143.71

+0.38 (+0.27%)

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↑ Buy

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EUR/CHF

1.0103

-0.0011 (-0.11%)

Summary

Neutral

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Gold Futures

1,829.65

+4.85 (+0.27%)

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↑ Buy

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Silver Futures

21.317

+0.130 (+0.61%)

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↑ Buy

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Copper Futures

3.8190

+0.0530 (+1.41%)

Summary

↑ Sell

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Crude Oil WTI Futures

111.02

+1.45 (+1.32%)

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↑ Buy

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Brent Oil Futures

112.55

+1.57 (+1.41%)

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↑ Buy

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Natural Gas Futures

6.518

-0.028 (-0.43%)

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↑ Sell

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US Coffee C Futures

223.35

+1.15 (+0.52%)

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Neutral

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Euro Stoxx 50

3,567.35

+28.47 (+0.80%)

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↑ Buy

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Buy (9)

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S&P 500

3,900.11

-11.63 (-0.30%)

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↑ Buy

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DAX

13,287.92

+101.85 (+0.77%)

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↑ Buy

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FTSE 100

7,332.25

+73.93 (+1.02%)

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↑ Sell

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Sell (6)

Hang Seng

22,392.00

+162.48 (+0.73%)

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↑ Buy

Moving Avg:

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Buy (7)

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US Small Cap 2000

1,772.68

+6.95 (+0.39%)

Summary

↑ Buy

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Sell (3)

IBEX 35

8,331.50

+88.90 (+1.08%)

Summary

Buy

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BASF SE NA O.N.

43.178

+0.368 (+0.86%)

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↑ Buy

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Bayer AG NA

60.04

+0.64 (+1.08%)

Summary

↑ Buy

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Allianz SE VNA O.N.

183.83

+2.79 (+1.54%)

Summary

Neutral

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Adidas AG

171.82

-0.06 (-0.03%)

Summary

↑ Buy

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Deutsche Lufthansa AG

6.119

+0.137 (+2.29%)

Summary

↑ Buy

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Siemens AG Class N

105.32

+1.18 (+1.13%)

Summary

↑ Buy

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Deutsche Bank AG

8.983

+0.093 (+1.05%)

Summary

Neutral

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Indicators:

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Sell (4)

 EUR/USD1.0587↑ Buy
 GBP/USD1.2275Neutral
 USD/JPY135.75Sell
 AUD/USD0.6952Buy
 USD/CAD1.2829↑ Sell
 EUR/JPY143.71↑ Buy
 EUR/CHF1.0103Neutral
 Gold1,829.65↑ Buy
 Silver21.317↑ Buy
 Copper3.8190↑ Sell
 Crude Oil WTI111.02↑ Buy
 Brent Oil112.55↑ Buy
 Natural Gas6.518↑ Sell
 US Coffee C223.35Neutral
 Euro Stoxx 503,567.35↑ Buy
 S&P 5003,900.11↑ Buy
 DAX13,287.92↑ Buy
 FTSE 1007,332.25↑ Sell
 Hang Seng22,392.00↑ Buy
 Small Cap 20001,772.68↑ Buy
 IBEX 358,331.50Buy
 BASF43.178↑ Buy
 Bayer60.04↑ Buy
 Allianz183.83Neutral
 Adidas171.82↑ Buy
 Lufthansa6.119↑ Buy
 Siemens AG105.32↑ Buy
 Deutsche Bank AG8.983Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,780/ 6,850
(5/ 5) # 1,699
SJC HCM6,800/ 6,870
(10/ 10) # 1,718
SJC Hanoi6,800/ 6,872
(10/ 10) # 1,720
SJC Danang6,800/ 6,872
(10/ 10) # 1,720
SJC Nhatrang6,800/ 6,872
(10/ 10) # 1,720
SJC Cantho6,800/ 6,872
(10/ 10) # 1,720
Cập nhật 28-06-2022 15:32:20
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ↀ Giá vàng thế giới
$1,827.71+4.20.23%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V33.47034.130
RON 95-III32.87033.520
E5 RON 92-II31.30031.920
DO 0.05S30.01030.610
DO 0,001S-V30.81031.420
Dầu hỏa 2-K28.78029.350
ↂ Giá dầu thô thế giới
WTI$111.04-4.35-3.92%
Brent$116.61-4.25-3.64%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.080,0023.390,00
EUR23.955,2725.297,05
GBP27.794,9128.980,57
JPY166,79176,58
KRW15,6419,06
Cập nhật lúc 15:29:22 28/06/2022
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