The Kinect Protocol aims to solve the problems of other existing yield farms, yield aggregators,
staking platforms, and farming rewards. Yield farming often looks very attractive to investors due to
extremely large interest rates. Although, a problem in today's defi ecosystem is that rewards often have
to be paid out by using artificial inflation. This is a problem but is also necessary for these protocols to
function, because without inflation, platforms wouldn’t be able to offer enticing interest rates to investors.
Although, it gives participants little reason to want to hold the token because it will be losing value as it
becomes more diluted. Historically yield farming platforms will have great price action at first, as their
large interest rates attract new investors and a large amount of capital to the platform. However, once the
rate of new users onboarding starts to peak and there is less new capital buying up the tokens that are
being minted. It ends up with the price starting to consistently decline as the market gets more and more
diluted with freshly minted tokens and sell pressure builds up. The Kinect Protocol has been developed in
a way that solves all of these problems and uses it beneficially.
What is the highest value Kinect Finance (KNT) has ever reached?
Kinect Finance (KNT) reached its peak price at 0.5104 $ on 10 January 2023, approximately 3 years ago ago. Presently, the current price is -92.43% lower than this all-time high.
What is the historical minimum price for Kinect Finance (KNT)?
The minimum price reached for Kinect Finance (KNT) was 0.03863 $, documented on 18 May 2023, more than 3 years ago. In comparison, the current price is , it equal this historical low.
What is the fully diluted valuation of Kinect Finance (KNT)?
The fully diluted valuation (FDV) of Kinect Finance (KNT) stands at $ 38,633. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000 KNT tokens. The realization of this FDV might take several years depending on the emission schedule of KNT tokens.
How to add Kinect Finance (KNT) to MetaMask?
By integrating Kinect Finance (KNT) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import KNT as a token. You can either manually import KNT by copying its contract address (0x078efa21a70337834788c3e6f0a99275f71393f0) or use MetaMask's Chrome extension to add KNT with a single click through P.CASH.
How to add Kinect Finance (KNT) to TrustWallet?
Incorporating Kinect Finance (KNT) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include KNT, you can either manually import it using the contract address (0x078efa21a70337834788c3e6f0a99275f71393f0) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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