Karura is the all-in-one DeFi hub of Kusama. Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi.
Jun 9, 2021 00:00:00
Jun 30, 2021 00:00:00
ICO Details
What Is Karura?
Karura is the all-in-one DeFi hub of Kusama. Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.
Karura Unique Features
Pay a fraction of the gas in any token:
Micro gas fees: Karura settles transactions for a fraction of the gas required on other networks. Thanks to Kusama’s weight-based fee model, you can count on micro gas fees that vary only slightly by transaction complexity.
Accepted in any token: Pay your gas with virtually any token. With Karura’s flexible fee tokens, you can settle transactions with KAR, KSM, LKSM, BTC ETH, and more.
Token Release Schedule
Partners
Team Members
Investors
Coinbase Ventures, Hypersphere, KR1, Altonomy, SNZ Holding, Web3 Foundation, Polychain Capital, Divergence Ventures, Arrington XRP Capital, Parafi Capital, Zee Prime Capital, Pantera Capital, Digital Renaissance, Spartan Group, CoinFund, Digital Currency Group, Republic Capital, CMS Holdings, 1confimation, Web3 Capital, Stake Zone, Haskey Capital, Goodmore Capital.