Kinza — a gem with a guaranteed airdrop?
Kinza Finance is a next-generation decentralized lending protocol on the BEP-20 (BSC) network.
The protocol offers users a flexible and easily customizable DeFi lending experience. Built-in mechanisms and rewards incentivize participation, while the innovative tokenomics ensure unprecedented stability.
The project platform utilizes Real Yield, which employs a dynamic interest rate curve, generating real interest income for the protocol and lenders, along with customizable associated risks that help maximize capital efficiency in the protocol while isolating risk from volatile assets.
A bit of analytics
It is known from investments that even Binance has invested in the project during a closed funding round.
If we look at TwitterScore, we can notice Binance Labs and Web3 Capital among the signed venture capitals on Twitter:
Among other investors signed on the project, we can find Huobi Ventures, OKX Ventures, and Cosmos:
The aggregate TVL of Kinza has noticeably grown from January to March 2024 (from $5m to $136m): At the same time, the platform’s TVL exceeds $210m!
This means that new liquidity is entering the protocol, which gives the project popularity and stimulates its development with a view to airdrop.
Also, based on Dune, it can be noted that starting from January 2024, the amount of collateralized liquidity in the protocol has increased:
Therefore, delaying the project is definitely not worth it, especially with the halving looming!
Kinza’s Economic Model
$KZA — is the native token supporting the platform and tokenomics model.
The total token supply will be 100m $KZA.
All tokens will be unlocked over 200 weeks, ~4 years.
According to the tokenomics, 5% (5m $KZA) is allocated for the retro-drop from the project, which will be distributed immediately after the TGE:
According to the project’s roadmap, the distribution is planned for Q1 2024 to attract more capital:
Therefore, let’s not dwell on the project for too long and proceed to participate in the retro-drop.
Kinza Retro-Drop
As can be inferred from the information above, Kinza has great potential for token distribution.
So, if you don’t want to miss out on a potential project, join AirdropHunter to automatically qualify for drops not only in Kinza but also for drops from Base, which could distribute even more than Kinza!
There’s a separate guide about the Base project.
For those who want to catch the last train to Kinza manually, follow this guide:
- Go to the platform and connect your MetaMask:
Scroll down and select the tokens you want to deposit into the protocol (it’s better to choose stablecoins):
Then choose the desired amount of tokens you want to supply and click Supply:
Choose the amount in USDT (for example), and then sign 2 transactions — Approve and Supply (for gas fee at 20 gwei, it will require $0.15 — which is very cost-effective):
Withdraw tokens — if necessary, you can do it with the Withdraw button, but it’s better not to do this until the drop occurs:
2. In the same section — you can borrow tokens (Borrow section), signing the same 2 transactions, but to do this, you’ll need to make the supplied tokens isolated.
To do this, on the DashBoard tab (where your income APY will also be shown), you’ll need to enable Isolated Mode for the supplied tokens (by signing a transaction — $0.05):
After that, you can return to the Market and borrow tokens by clicking the Borrow button and signing the transactions:
Then, in the Debt section, you will see the amount of borrowed assets. You can learn more about how crypto loans work in the article:
3. You can also invite referrals to earn more points on the Referral tab or by clicking the “Airdrop” button on the Market tab:
Scroll down and click the Share button, then copy the link and invite friends:
*The project is really hyping thanks to Binance Labs.
You can also bind the referrer’s referral code to receive 10% of the points:
That’s it!
- Additionally, you can participate in votes on the Vote tab
- Track your points on the Referrals page (updated every 24 hours) or here
Conclusion
Thus, the project has gained popularity thanks to Binance, and considering the increase in TVL since January, the project may announce its drop very soon (if it hasn’t already).
In any case, if you don’t want to miss out on fresh airdrops, head over to the AirdropHunter platform, where you can choose cards of potential projects with airdrops (for example, 1 Base x Kinza card to diversify your chances of receiving increased drops from both projects, not just Kinza!)
Website: https://airdrop-hunter.site/
Dapp: https://app.airdrop-hunter.site/
Twitter: https://twitter.com/airhunter_drop
Telegram: https://t.me/airdrop_hunter_bot
