Himegami - Protocol is the first decentralized to govern an algorithmically stable token

in bukh •  3 years ago 

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The KGR token is a completely fair cryptocurrency that is decentralized and has elastic supply. The KGR token offers a new concept for market manipulation in order to develop the global economy.
On the site, we see links to the official telegram group belonging to the Himegami Protocol project, as well as links to LitePaoer and WhitePaper, where you can study in detail the features of the project and its tokenomics.

Also, we see links by clicking on which you can buy or sell a KGR token and a link to Yamato Bank, where it is possible, in which operations for the purchase and sale of KGR tokens are also carried out, but already, directly, by the Himegami Protocol itself, that is , the project also makes a buyback of tokens.

The Himegami Protocol project supports the MetaMask wallet, and the project also created its own wallet called Shinobi Wallet. Shinobi Wallet is a cryptocurrency wallet that runs on Multichain and supports transactions with Bitcoin, ERC-20 tokens, BEP-20 tokens, and Matic network tokens. There are now versions of Multichain for mobile devices with iOS and Android operating systems. And this wallet can already be downloaded, installed on your phone and used safely.

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The KGR token is a stable token pegged to the Japanese Yen. The price of one KGR token is one Yen.
The KGR token uses a mechanism called Rebas and automatically adjusts the amount of KGR every 1385 minutes using a smart contract program. Unlike traditionally centralized projects, Himegami Protocol project managers cannot issue tokens at will, which makes KGR tokens fair and transparent.

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If the market price of the KGR token increases or decreases in relation to Yen, then the mechanism includes stabilization of the price of the KGR token, due to an additional token - OMK, which released the project specifically for the stabilizing function.

The number of KGR tokens issued is 70,000,000. The number of OMK tokens issued is 100,000,000. The planned distribution of these tokens can be found on the official website of the Himegami Protocol project.

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The initial supply of KGR tokens is only 170,000,000.Since 15 January, 1% of the total supply of tokens will be released by smart contracts for relocation. The issued KGR tokens will be traded at the mint in a daily open sale, and the non-meter KGR tokens will be burned.

Also, the Himegami Protocol project additionally created two more tokens. These are sUKH and bUKH tokens. The first token will be used to receive dividends from the wallet and its owners will receive voting rights. The second token will be for receiving dividends from the work of a smart contract and its owners will receive additional benefits.

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With regard to Yamato Bank, we can say that it will provide lending services, staking, create exchange options and create funds based on KGR tokens.

Project roadmap

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The project team

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#bUKH #himegamiprotocol #cryptobukh #KGR #bUKHbounty #cryptocurrency #DeFi #bounty #token

Official links of the Himegami Protocol project:

Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
bUKH address : 0xB58922BdEb0C2bB182705D6888767C32c1d68f92

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