Kokonut Partners with Kleva

Ian
Kokonut Swap
Published in
Aug 10, 2022

Hello, community!

We are proud to announce our new partnership with the Kleva Protocol!

Our protocol will collaborate with Kleva to create a synergy effect in two different aspects.

Optimizing Swap Route

Kleva protocol will utilize the KokonutSwap Stablepools to minimize the price impact of swap trades between stablecoins, which takes place when adjusting leveraged liquidity positions.

Integrating Kokonut Farm

Kleva protocol is a leveraged-yield-farming platform that provides a lending service with which users can leverage their liquidity-providing position. By integrating Kokonut pools with Kleva, users will be able to create a leveraged-LP position for Kokonut pools as well.

We, at Kokonut Swap, will continue to pioneer the expansion of the Klaytn DeFi ecosystem by building Money LEGOs and entering fruitful partnerships.

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