About Kostren Finance Coin
Kostren Finance Coin is a new real yield aggregator on arbitrum using several protocol systems to guarantee a long term return. The Negative Exponential Bonding Curve is at the very heart of your system. This function implemented directly in the smart contract allows to release your tokens in the most equitable way possible between users. Your protocol is based on 3 tokens: the $KTN which is the main asset available via the bonds and the secondary market. It allows users to arbitrage between these two prices as well as to be a staker to take advantage of the real yield and of the $esKTN.
They decided to launch on arbitrum because the real yield narrative is booming on this chain and several catalysts exist (arbitrum odissey, airdrop rumor, launch token). The TVL of the chain should be positively affected by these elements. Moreover, the team is very fond of this blockchain and has been using it on a personal basis since day one.
Kostren Finance Coin Point Table
Coin Basic | Information |
---|---|
Coin Name | Kostren Finance Coin |
Short Name | KTN |
Circulating Supply | N/A |
Max Supply | N/A |
Source Code | Click Here To View Source Code |
Explorers | Click Here To View Explorers |
Twitter Page | Click Here To Visit Twitter Group |
Whitepaper | Click Here To View |
Support | 24/7 |
Official Project Website | Click Here To Visit Project Website |
Tokenomics
Kostren Finance will launch with 0 pre-minted tokens. Each token will be minted by users by depositing a whitelist asset in the treasury. After many thoughts, this token release method appeared as the most equitable. Indeed the distribution is done in adequacy with the demand and the team does not hold any token. Moreover this system allows not to make presale which would inevitably create a selling pressure. In this system rely solely on codes and mathematics to ensure that offer meets demand.
The mathematical model they will use is a negative exponential bonding curve. As with a linear bonding curve, the more the supply increases, the more the price of the asset increases. The difference lies in the fact that via a negative curve the curve is brought to stabilize and thus offer an interesting entry point to less early users (images below).
The various strategies for investors
Arbitrage and the fee system on UniV3 is central to the protocol and must be understood by everyone. Since the supply is distributed via bonds, there will be no pool of liquidity on the open market at the token launch. This means that it will be up to the smartest users to create their own UniV3 tickers with the most suitable ranges. A third existing strategy is to take advantage of the price difference between the bonds and the open market to get discounts on the token.
Note that this strategy works both ways, if the market price is higher than the price of the bonds then you have to bond and vice versa. Indeed, if the price of bonds is higher than the market price, then buying at the market is also a strategy that allows to anticipate the future rise linked to bonds when bond price < market price. However, it is necessary to have buying pressure for the market price to rise above the bond price. This is the point of your protocol, as long as the demand is strong enough then the bond price will offer discounts thanks to the negative bonding curve.
Bonds
The price displayed on the bonds section is calculated via a negative exponential bonding curve which is integrated in the smart contract. The more the demand increases (number of minted tokens) the more the price increases. This function allows to share the supply in a fair way. Indeed, the more the supply increases, the more the price stabilizes see chart in Tokenomics. This reduces the price gap between the early adopters and the others. In addition to this part of fair distribution, this system also allows for arbitrage on market price.
Why Choose Kostren Finance Coin?
Bonds
What they are interested in here is how are going to manage your LP to collect the maximum amount of fees, create a deep liquidity and place liquidity walls to support the price at key levels.
Real Yield
Kostren Finance aims to have an active management of its treasury to generate yields with the best possible risk/reward ratio. This objective is in line with the real yield approach which consists in redistributing the funds generated by the protocol to the $KTN stakers.
Liquidity Efficiency
All tokens will be released through a negative exponential bonding curve. This allows for a fair supply distribution that incentivizes early users without heavily disincentivizing late investment. This system allows to create a price difference between the bonding price and the market price that is very favorable to arbitrage. Note that the team has 0 tokens and cannot mint them.
Where Can You Buy Kostren Finance Coin?
Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On Uniswap (V3) (Arbitrum) As It Has The Highest KTN/USDC. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include KTN/USDC And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
Market Screenshot
Kostren Finance Coin Supported Wallet
Several Browser And Mobile App Based Wallets Support Kostren Finance Coin. Here Is Example Of Wallet Which Kostren Finance Coin – Trust Wallet For Hardware Ledger Nano.
FAQ Of Kostren Finance Coin
Where I Can Find Kostren Finance Coin Whitepaper?
You Can Find Kostren Finance Coin Whitepaper By Clicking Here.
Where I Can Buy/Sell Balancer Token?
You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – Uniswap (V3) (Arbitrum).
What is Circulating Supply Of Balancer Token?
Circulating Supply Of Balancer Token Is N/A.