What is Kalmy.APP (KALM)?
Kalmy.APP is a one-stop decentralized platform built on the Binance Smart Chain. The platform is focused on low transaction costs, high transaction speeds, and an easy-to-use and interactive user interface that delivers a rich user experience.
Designed as a DeFi hub that combines farming, lending, swaps, NFTs, and more, it delivers amazing features and the innovation of financial services already built on Ethereum. It also transitions services such as lending, derivatives, payments, and liquidity provision to the BSC network, while allowing new users experience the benefits of high transaction speeds with the bonus of paying lower transaction fees.
The project gives its users the ability to perform different types of transactions in one place across different blockchains, and it is integrated with multiple products and features such as KalmySwap, yield farming, a gaming platform, an NFT collection, and more.
KALM is the native token of Kalmy.APP. Though it should be noted that, initially, KALM tokens were launched on Kalmar, which essentially was an experimental project for testing the technologies and features developed by the team. However, after the developers saw success in the project, they decided to move further with launching Kalmy.APP and using KALM tokens to fuel this project.
Interested in the current KALM price? Check out the Kalmy.APP price chart above.
Use Cases of KALM Tokens
Primarily, KALM tokens play a huge role in the Kalmy.APP crypto project governance. By staking, holding, or locking KALM coins, users receive voting rights they can use for deciding the future development of the project.
Besides that, by locking KALM coins (from one week to four years), users can increase their APY in all Kalmy.APP products and multiply their voting power.
Planning to buy Kalmy.APP coins? If you are, make sure to do a thorough KALM price analysis beforehand. Use the Kalmy.APP price chart above for doing that.
Tokenomics of KALM
The KALM token has a maximum supply of 100 million KALM. It has an allocation of 59% for liquidity mining, 9% for private sales, and 9% for partners. Moreover, 14.5% was reserved for NFT fundraiser parties and IFO, while the remaining 8.5% was allocated to the team.
These allocations are on timed release schedules, especially the portions of tokens allocated to the team and advisors. This is done to prevent any instances of massive selloffs that may reduce user confidence and tank KALM price in the process.
