Decentralized ecosystem created by blockchain technology, that operates without third parties involvement is capable to provide much faster transactions with pretty fast speed. There are no hidden charges and no boundaries restrictions. The users can operate anonymously in the trustless environment of decentralized ecosystem. There is much transparency as the data is stored on blockchain and anyone can see it via a distributed ledger and there is no chance of manipulations. So blockchain is best engine that is providing data immutability.
With the further innovation of blockchain technology, finance is merged in this decentralized ecosystem and a revolutionary concept Decentralized Finance (DeFi) came in to existence. With the help of DeFi, the financial and real asset transactions are possible to be conducted on blockchain. World is experiencing a drastic growth and acceptance of DeFi.
1KRG is pegged by 1 Yen. KGR uses a mechanism called rebase and automatically adjusts
the supply amount of KGR every 1385 minutes with a smartcontract program.
By adjusting the supply amount, we will pegging 1ＫＧＲ≒１yen
Unlike traditionally centralized projects,
it is impossible for themanager (us)to release tokens optionally.
KGR is Japan's first Yen peg currency that is completely fair and transparent.
In the initial release, the number of KGR is 170 million KGR. From January 15, 2021, 1% of total supply KGR will be released by smart contracts for each rebase. Released KGR will be mint at daily public sales and un mint KGRs will be burned. The asset you spent for mint KGR will be mange by smart contract for KGR users. And you can settle KGR at same place here. Who settle KGR get 20% of value of settled and 80% with KGRb. KGRb is more stable value token compared KGR.