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Klaytn Protocol KLAP to Launch KLAP Token to Power DeFi Lending

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Tuesday, July 26, 2022
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Seoul, South Korea | July 25, 2022 10:00 PM, Eastern

Key Points: 
  • Seoul, South Korea | July 25, 2022 10:00 PM, Eastern
    KLAP (Klaytn Lending Application), a DeFi protocol operating on the Klaytn blockchain, is set to launch its native token.
  • The KLAP token will power a range of use cases within the protocols growing ecosystem.
  • The Klap team said: We are truly excited to allow the KLAP token to gain utility within our system and provide additional functionality for users after our protocol launch.
  • KLAP (Klaytn Lending Application) is a decentralized non-custodial liquidity market protocol where users can participate as depositors or borrowers.