Kinza Finance is a lending protocol on the BNB blockchain designed for both lenders and borrowers.
Description
Here's how it works:
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Lending Pools: Kinza has liquidity pools where:
- Lenders deposit their money to earn interest.
- Borrowers provide collateral to borrow from these pools.
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Earnings for Lenders: Lenders make money in two ways:
- Real Yield: Comes from the interest paid by borrowers.
- ve(3,3) Bribes: In the form of $KZA tokens, offered by token holders to encourage lending in specific pools.
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Solving Liquidity Issues: A key goal of Kinza is to improve the availability of funds (liquidity) for lending. By offering attractive yields and bribes, they aim to draw in more lenders, which in turn should bring in more borrowers, creating a balanced and thriving ecosystem.
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Benefits for $KZA Stakers: In the future, those who stake $KZA tokens will also get a share of the protocol's revenue, adding an incentive to participate in the ecosystem.
In summary, Kinza Finance offers a lending and borrowing platform on the BNB blockchain with unique incentives for lenders and plans to enhance benefits for stakeholders in the protocol.
Team of the Project
Unknown team
Team
There are no public information about the team, here’s what we can find on the docs:
”Kinza Finance formed from a team of DeFi veterans. They have deep experience in the traditional finance, tech, and blockchain worlds, including experience at Google, Goldman Sachs, and experience building DeFi at GRO and Mantle network. They had the vision to build the pinnacle of sustainable on-chain money markets with a priority on security and capital efficiency.
Communications Director, Iain, has a BA in Professional Communication, and five years of experience in DeFi - growing communities, deploying marketing at scale, developing captivating and approachable content, and pushing projects from idea to $100M mcap and beyond.”