Karura Description
Karura's DeFi platform is all-in-one. It allows you to borrow, lend, borrow, earn, and much more. All this with low micro gas fees. Although both Polkadot and Kusama are standalone networks, they were built almost in the same way. However, Kusama has more flexible governance and is more open to risk. Karura will provide Kusama's entire network with decentralized financial products as well as stable assets. Karura settles transactions at a fraction the cost of other networks. Kusama's weight-based fees model means that you can expect microgas fees that are only slightly affected by transaction complexity. The community is empowered to vote, elect council members and drive Karura's development. Karura Swap allows users to trade tokens anonymously through Karura Apps. Karura Swap, a trustless, automated market maker (AMM), is a decentralized exchange on Karura's network.
Karura Alternatives
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Solster
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Aave
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1inch
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The 1inch Network's other protocols are the Liquidity Protocol and the Limit Order Protocol.
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Integrations
Company Details
Company:
Acala
Headquarters:
New Zealand
Website:
acala.network/karura
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Platforms
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Type of Training
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Online
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