KOI FINANCE

Koi’s ZkSync ZkRollup Is Modifying DeFi

What is the Koi platform?

The Koi Platform is a decentralized financial platform that acts as a liquidity center for all projects hosted on zkSync. Along with limit orders, farming platforms, and bond platforms, the dynamic decentralized applications (dApps) that Koi offers include concentrated and regular AMM DEX pools. Get the opportunity to experience DeFi 2.0 development with low fees and gas-free exchanges.

Koi Finance’s main goal in creating the KOI token is to facilitate transactions and interactions within their ecosystem. As a DeFi platform, Koi Finance serves as a liquidity hub for all projects on zkSync. They offer a fast and efficient swapping mechanism, with very low gas fees.

KOI tokens are also used in the KoiPond platform, a decentralized launchpad that allows investors to invest in early-stage crypto projects before public listing, by staking KOI tokens.

Apart from that, KOI tokens also facilitate P2P, P2C, C2C transactions in KOI ecosystem applications. With this token, users can participate in various activities on the platform, including farming, bond platform, and others.

Benefits for Bounty Campaign Participants at KOI:

Get KOI Tokens: Bounty campaign participants at KOI have the opportunity to get KOI Tokens for free. KOI Token is a digital currency used in the KOI ecosystem, and has the potential to increase in value in the future.
Increase Visibility: By joining KOI’s bounty campaign, participants have the opportunity to increase their visibility in the cryptocurrency community. This can help build a strong reputation and network in the industry.
Participate in Project Development: Bounty campaign participants at KOI can contribute to the development of this project. They can help in various aspects, such as marketing, product development, and testing. Thus, participants have the opportunity to be directly involved in the development of this exciting project.

Monetary Fund

Interactive Pools

If you want to build a pool with Koi, you can expect to pay LP fees ranging from 0.01% to 10% for regular pools and 2% for stable pools. Only the LP governance system allows modification of these fees once they have been established at the time of pair formation. With a vote weight of 50%+, LP providers (or delegated providers) can adjust these fees at any time. To ensure fairness and avoid manipulation, collection fee adjustments will be taxed at 0.1% of the total votes. Flash loans cannot change their billing structure without incurring losses because of it.

Many DeFi and crypto initiatives can benefit from the powerful systems and tools made possible by dynamic fee pools with governance, thanks to their simplicity.

Game Theory Perspective

It is generally accepted in traditional CEX markets and most NFT markets that market makers (spreads) and content providers and teams (nfts) charge fees of 1%+. Unlike most conventional AMM-based DEXs, this pricing structure should allow individual LP providers and protocol-owned liquidity (POL)-centric projects to set base fees for their pairs, thereby increasing the project’s revenue stream.

Administration

LP governance and delegation structures are pre-built in Koi. In addition to enabling dynamic fees on any LP pool, it also allows building complex protocols on top of the Koi protocol.

Pair formation determines the LP fees for each pool. Depending on the preferences of the LP provider acting as pool developer, this fee can vary from 0.1 percent to 10 percent. All limited partners will be required to pay within the same fee range as only one fee can be set at any given time.

Accounts that have more than 50% of the pool vote can adjust the pool fees according to the LP governance mechanism. In LP, the number of tokens is directly correlated to the number of votes. However, LP providers have the option to transfer their “votes” to other providers, which opens the door for parties to seek more delegates and increase their combined weight.

For several reasons, including the fact that the most liquid pools will always trade as opposed to those with lower liquidity, lower fee pools), Mute has chosen this design over the multi-fee pool type. Therefore, a governance structure that allows dynamic fees and concentrates liquidity into a single pool is preferred.

Water Lilies

Trading KOI-ETH LP shares to Koi DAO for KOI is known as bonding. The number of KOIs and the transaction vesting period are specified in the protocol. Please note that by purchasing bonds, you are effectively selling your shares or LP tokens. Your exposure is now only to Koi and not to KOI-ETH LP, but Koi DAO rewards you with more Koi than you would receive in the market.

The purpose of the Koi bond issuance is to increase more Protocol Owned Liquidity through the Koi DAO, which in turn raises more money for the treasury and ensures the protocol’s long-term liquidity. Users can get Koi at a cheaper price because it is tied.

The first-come, first-served principle applies in bond sales. At the time of purchase, the return on investment (ROI) of a bond is zero percent and grows gradually. New bonds start a cycle after purchase, and veKOI keys distribute Koi for seven days.

Distributing Tokens

Token Allocation

We will update these numbers once tokens are allocated, awarded, and unlocked.

Distributed (before silent token exchange): 50%

Environmental Benefit: 30%

We have set aside for future investors: 7%

Blockchain: 6%

Contingency Plan for Future Advisors: 4%

For investors and advisors with 12–18 months vesting: 30 %

Conclusion

The KOI token has utility in facilitating transactions and encouraging community engagement. KOI tokens have the potential to be an innovative solution to modern challenges. The focus on the GameFi Metaverse makes the KOI token relevant in the gaming and financial industries. KOI is building a digital collectibles platform for virtual GameFi NFTs. KOI tokens can be used in various aspects within the KOI GameFi Metaverse.