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KLAP

KLAP KLAPPrice $ 0.0000574

KLAP Price

0.0000574
0.10%
Price Range
LowHigh
$ 0.0000571$ 0.00006

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Token

+1

Funds and Backers

Description

KLAP (Klaytn Lending Application) is a decentralized non-custodial liquidity market protocol where users can participate as depositors or borrowers

KLAP (KLAP) Chart

KLAP price Index provides the latest KLAP price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

KLAP to USD Converter

KLAP (KLAP)KLAP

IEO

27 Jul 2022 — 28 Jul 2022

Raised

$ 100.00K

Price:

$ 0.075

ROI:

0x  -99.9%

Platform:

N/A

ATH ROI:

0.48x  -52%

KLAP Price Statistics

leaderboard

Market Cap

$ 1.37K

Fully diluted value

FDV

$ 57.38K

ATH Market Cap

$ 857.57K


Vol. (24h) / MCap

1.46

Max Supply

KLAP 1,000,000,000

Total Supply

KLAP 1,000,000,000

Circulating Supply

KLAP 23.80M

(2.38% of Max Supply)

IEO ROI

99.9%

0.00x

IEO Price

$ 0.075

28 Jul 2022

All Time High

$ 0.036

29 Jul 2022


All Time Low

$ 0.0000501

17 Mar 2025


From ATH

99.8%

From ATL

14.5%
Trending KLAP Fiat Pairs

What is KLAP (KLAP)?

KLAP (Klaytn Lending Application) is a decentralized non-custodial liquidity market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an over-collateralized (perpetually) or under-collateralized (one-block liquidity) fashion.

Utility

The KLAP token has multiple utilities.

1.Ve

KLAP holders, vesters, and KLAP-KLAY LPs can lock their tokens in order to receive veNFTs.

Ve NFTs give you the following:

  • Voting rights to determine KLAP emissions for lend/borrow pools of each token on KLAP
  • Yield Boosters on liquidity mining rewards for both lending/borrowing as well as Pool 2 - Ve holders can also vote on wider protocol-level decisions, such as the usage of Treasury funds, as well as adding additional utilities.

2.A growing treasury

As a decentralized protocol, no one person has the power to shut KLAP down once it is launched. As long as there is a non-zero amount of assets lent/borrowed on KLAP, the treasury will continue to grow, as the protocol takes a small fee on the interest rates. The treasury receives 80% of all fees on the protocol. At some point down the line, Ve holders can vote and decide to allow KLAP holders to burn & redeem the treasury funds for their KLAP. For example, if someone holds 1% of the total supply of KLAP, they could burn all of their KLAP to redeem 1% of all treasury funds.

KLAP has a maximum total supply of 1,000,000,000 (1 billion) tokens.

However, if the burn and redeem mechanism is to be voted in by the community, the maximum total supply will likely be significantly less than that.

KLAP Price Today

KLAP's current price is $ 0.0000574, it has dropped -0.1% over the past 24 hours.

KLAP's All Time High (ATH) of $ 0.036 was reached on 29 Jul 2022, and is currently -99.8% down.

The current circulating supply of KLAP is 23.80 Million tokens, and the maximum supply of KLAP is 1.00 Billion.

KLAP’s 24 hour trading volume is $ 1.99 Thousand.

KLAP's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 1.37 Thousand.

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