Kulfi Finance

Kulfi Finance is a decentralized lending, Borrowing & Yield Farming protocol on Cardano that facilitates fixed-term cardano asset lending and borrowing.

Why does Kulfi matter?

Fixed-rate financing is how financial markets operate. Fixed interest rates provide certainty and minimize risk for market participants, and this is why the majority of U.S. debt is issued using fixed rates. Kulfi brings fixed interest rates to the decentralized financial system on Cardano and gives crypto users the same access to stable financing.

Why is KLS important?

KLS is the native token of Kulfi finance. Holding a portion of this token guarantee the token holders access to borrow from Kulfi liquidity pool.  This flexibility opens a new dimension in the financial design space on Cardano.

Who created kulfi?

Kulfi was developed and launched in early 2022 by a team of Crypto stakeholders with expertise in technology, trading, security, and design.

How is kulfi governed?

Kulfi Finance is governed by KLS token holders. The Kulfi Team will provide analysis and parameter recommendations for a short period of time following the launch of the protocol. As the protocol becomes increasingly decentralized, the Kulfi Team will step back from protocol governance.