Klein Finance Mainnet Official Launch | HackerNoon

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'Klein Finance Mainnet Official Launch' defi decentralizedexchange

, on which tokens under KRC 20 standard can be traded. Klein Finance Aims to allow digital assets to be traded in a safe and stable on-chain environment with low slippage, good depth, and low fees, it also enables users to obtain rewards by locking digital assets. With a mixed liquidity pool trading model, Klein Finance provides a cross-market mechanism for creating stablecoins liquidity pools as well as non-stablecoin trading pairs.

Klein Finance is recognized as a major part of the KCC DeFi ecosystem. It allows users to provide liquidity and trading with KRC20 tokens on the KCC. However, the transaction mode adopted is a mixed liquidity pool, which provides a cross-market mechanism for creating stablecoins liquidity pools without permission.

Klein Finance’s immutability allows most of the liquidity to be concentrated around the price of 1.0 , and this is a very useful feature for creating liquidity as well as lowering impermanent losses between stablecoins. Automated market-making using a dynamic peg creates liquidity for assets that are not necessarily pegged to each other in a more efficient way thaninvariant. This creates 5–10 times more liquidity than Uniswap and also provides higher profits for liquidity providers.Klein Finance applies a completely different technical path from Uniswap V3 in terms of AMM.

This article has generally discussed the underlying architecture, key functions as well as basic technical paths of Klein Finance. It can be observed that Klein Finance trading platform performs well in stablecoin trading, but in the field of non-stablecoin trading, AMM of dynamic peg is still in the process of exploration. In later articles, we will further discuss detailed technical methods and advanced trading strategies of Klein Finance platform.

 

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seems counterintuitive? lol

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