Saakuru-MetaOne-logo
Embeddable SDK
Cashback
dApp Store
Referrals
Help
Saakuru-MetaOne-logo
Saakuru-MetaOne-Discovery
Discovery
Saakuru-MetaOne-Apps
Apps
Saakuru-MetaOne-Games
Games
Saakuru-MetaOne-Search
Search
Explore Web3 & Metaverses intuitively with Saakuru App
Created by
Saakuru-MetaOne App logo
Saakuru-MetaOne-Discover
Discover
Saakuru-MetaOne-Apps
Apps
Saakuru-MetaOne-Games
Games
Saakuru-MetaOne-Search
Search
Saakuru-MetaOne-Saakuru-MetaOne-banner-logo
Saakuru-MetaOne-Saakuru-MetaOne-logo

Kyoko

The DAO-to-DAO credit provider and cross-chain GameFi NFT lending market for guilds and players
Category
Saakuru-MetaOne-Saakuru-MetaOne Category
Finance
Blockchain
Saakuru-MetaOne-Ethereum-badge-icon
Ethereum
Currency
Saakuru-MetaOne-currency-icon
KYOKO
Publisher
Saakuru-MetaOne-Saakuru-MetaOne-Publisher
Kyoko Team
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
What is Kyoko?
Kyoko Finance provides solutions: Industry financing and connectivity through one single convenient platform. Kyoko is a DAO-to-DAO credit provider, P2P NFT lending platform, and cross-chain GameFi NFT lending market for guilds and players. Kyoko offers a one-stop platform that provides liquidity to the Web3 and GameFi industries. Through its DAO-to-DAO lending, Kyoko provides DAOs and Guilds with the liquidity they require to maintain operations while also allowing them to stake their onhand resources as collateral for larger credit loans. Kyoko also bridges high-potential DAOs and Guilds with the industry connections and resources they need to grow.
Information
Type
Automated Market Maker
Blockchain
Ethereum
Currency
KYOKO
Platform
Windows, macOS
Publisher
Kyoko Team
FAQ
Anyone can provide liquidity to Kyoko’s liquidity pool.
Liquidity providers will earn interest income from borrowers while also mining KYOKO tokens. Liquidity providers may also be eligible for airdrops from DAOs and/or guilds that borrow from Kyoko’s credit bank.
Emerging DAOs and/or guilds that need additional resources to grow can apply to join the Kyoko credit loan whitelist. Though, loan approval is contingent upon the results of Kyoko’s due diligence evaluation process.
Kyoko provides uncollateralized credit loans, which means that the borrower is not required to provide collateral in exchange for credit. Borrowers can then use this credit to borrow in-game assets to grow guild membership count and capabilities.
Kyoko extends loans at variable interest rates. These rates fluctuate depending on the level of liquidity at the Kyoko credit bank.
Credit is extremely important to the growth and normal operations of guilds. This was exemplified by the recent Cream hack. Cream’s Iron Bank had provided Yearn with a line of credit – despite Cream being hacked, the Iron Bank’s capital was secure and no money was withdrawn or lost. Demand for DAO-to-DAO loans have therefore been proven remarkably robust.
Kyoko’s credit bank is governed by a multi-signature address that includes the Kyoko DAO, well-known VCs, and top DAOs and/or guilds.
We will also employ a strict screening model for evaluating emerging guilds and DAOs. This data will be fed by BlockchainSpace and other considerations from the investors. The loan quota will be relatively smaller at the beginning, and this amount will be calculated by our risk model.
This is a very secure protocol. The Kyoko team, VCs, and top guilds are all responsible for providing and maintaining platform liquidity. The Kyoko whitelist is subject to rigorous due diligence evaluations and credit limit reviews, and loan volume is dependent on platform liquidity.
Social Links
Saakuru-MetaOne-Twitter
Twitter
Saakuru-MetaOne-Discord
Discord
Saakuru-MetaOne-Telegram
Telegram
Saakuru-MetaOne-Medium
Medium
You Might Also Like