Kai Protocol is the first stable coin in the Klaytn chain designed by the Kai Protocol team. Klaytn Chain’s DeFi services include a variety of solutions that can adjust the supply volume to keep the price of Stable Coin Kai (KAI) at the target price to provide interoperability.
Designed inspired by the Basis Cash Stable Coin project, the Kai Protocol is a multi-token protocol consisting of Kai (KAI), Kai Shares (sKAI) and Kai Bonds (bKAI) tokens.
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