bUKH

Hello everyone... Here I will inform you by writing a review to introduce a very unique new project called bUKH, so for that, have a look at the article I created below to give you a very good overview of the project, then Benefits what do they give everyone? Let's go straight to the discussion below.

However, the bUKH platform is not only here to solve the traditional banking system but is also here to be a solution for every user who has difficulty on several other platforms and also considers the security of every user who is a bUKH channel. platforms.

Below I will explain or detail the uniqueness of the bUKH platform and where it came from.

As the cryptocurrency market continues to mature, crypto projects also continue to develop further driving the evolution of the market. So far, we have looked at cryptocurrency projects with a fixed supply of native tokens. The main goal here is to create scarcity and push crypto prices higher.

In the blockchain industry, there are so many cryptocurrency platforms that have their own features and have their own origins from the sole purpose of making transactions and much more, solving the current dispensation problem in traditional banking systems.

What is BUKH?

It is a platform built in blockchain industry built to serve, solve end to end user problems like token purchase, token sale and many more deploy DeFi system and have great features following Himegami protocol which has the best services, letter b means “ bond” which means BUKH is a container that functions as a cooperative bond that has a wallet as a shinobi wallet.

ORIGIN OF HIMEGAMI

The Himegami protocol originates from Japan where bUKH operates within the Himegami protocol which has tokens as KGR, which is the first decentralized system used by Japan to manage stable tokens.

Now, we believe it is time to create an elastic supply of decentralized digital currency. KGR is one of the dynamic and fully decentralized elastic supply protocols that aims to meet the liquidity needs of the wider crypto market, and more importantly, to solve the problem of market manipulation.

The KGR cryptocurrency achieves a better balance of supply and demand because it perfectly correlates the price of a synthetic asset with the price of its underlying asset. The KGR token is essentially an elastic cryptocurrency with a price target of 1 Japanese Yen adjusted for inflation. The price of KGR can be higher or lower than 1 Yen, but supply is always adjusted to meet the target of 1 Japanese Yen (¥). If high demand pushes the price higher above 1 Yen, Himegami protocol will add more supply creating selling pressure and rebase action. To distribute KGR tokens to token holders, the system will be able to issue 100,000 tokens per rebase then sell them on public exchanges following the first-come-first-serve rules. Unsold tokens on that day will be burned. This method is implemented in smart contracts.

Himegami rebase system is applied every 1385 minutes for supply rebase. The rebase function is a new concept for the crypto market and is basically related to smooth supply for decentralized elastic supply tokens like KGR.

As the KGR token expands and contracts based on demand and supply, the rebase mechanism ensures that the ownership percentage for users remains the same.

We envision the Himegami protocol to be a hedging asset for all crypto worlds as well as the growing Decentralized finance (DeFi) sector. KGR stability can help DeFi investors to reduce their dependence on several centralized stablecoins. It can serve as a hedge asset, DeFi collateral, and a stable medium of exchange for the entire crypto space.

We position KGR as a useful crypto token and collateral asset for Decentralized Finance (DeFi). Its unique qualities such as decentralized, profitable, self-regulating and more stable assets, make it important for DeFi. In the future, KGR may have several different applications and could be used to complement other DeFi projects such as Tezos, Polkadot, Cardano and others.

Furthermore, programmatic rebasing protocols aim to solve the problem of massive fluctuations in liquidity and volatility by making them more predictable and beneficial for everyone involved. This allows us to position Himegami not only in the current crypto ecosystem, but also create a number of new applications for it in the future private DeFi ecosystem that many people have never even thought of.

TOKEN DETAILS

The token name is sUKHI.
Its symbol is sUKH.
The total number of issuances is 500,000,000 BUKH.
The UKH token allows users to receive dividends from the sale of the Shinobi wallet.

bUKH tokens:

The token name is BUKHI.
Its symbol is BUKH.
The maximum issuance amount is 500,000,000 sUKH.

sUKH,bUKH public sale

We would like to inform you that Himegami Protocol will hold a public sale later.
We have UKH’s public sale only once! Sales are scheduled to begin at 3 p.m. on August 1st (UTC).
There are two types of UKH sold, sUKH and bUKH, and both have different characteristics.
sUKH: s of sUKH means stock and sUKH is not listed, so you cannot purchase it after listing.

Purchases are only available from August 1st to August 27th, and sUKH holders can receive 70% of the exchange fee for Shinobi wallet at Ethereum.

bUKH: b of bUKH means bonds.Unlike sUKH you can buy it after listing.

After purchasing BUKH, you can receive 30% of APY monthly with KGR if you steak your bUKH in a shinobi wallet.

In addition, the upper limit of UKH is 500 million sheets, including sUKH and bUKH. Both S and B can be purchased from

Shinobi’s wallet at the pre-list price (8.5 KGR) until August 27th at Ethereum.

The selling price before the listing is 8.5 KRG, but the price after the listing is 10 yen. The expected listing date is

September 15, and it will be listed on YamatoSwap and UniSwap.

At the end of the year, domestic and foreign exchanges will be listed. Don’t miss the opportunity to buy at a lower price after listing!

Official KGR Launch

On December 27th at 9:00 a.m. UST, Uniswap KGR trades go live.
We made our first and only KGR offer that is fully open to the public and 100% unlocked On December 26th and we hit the maximum limit of $5,000,000 in 3 minutes.

Road Map

Q4 2020

The development started,
Himegami Protocol launched.

Q1 2021

Yamato Bank launches along with the banking financial regulations begin to tighten (sell daily and buy back price adjustments).

Q2 2021

KGR gradually converts to 1 yen. Entire project profit distribution commenced to OMK holders, facilitating direct exchange of Japanese yen on Japanese license exchanges and providing OTC platform for profit exchange profits with
Fiat in each country.

Q3 2021

QR payment application has been launched for offchain & onchain payments from Yamato Bank.
Examples of the use of a payment in offchain is gradually developed and it is recognized and distributed as a collateral on each platform Defi.

Q4 2021

Launched KGR on cross-chain, supporting cross-chain trading.

Q1 2022

Account for 10% or more in the stable coin market, which is more than 10 times larger than now.

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Contact Information

Website: https://himegamiprotocol.org/
White Paper: https://drive.google.com/file/d/1_7HWMxg7txliig-DFtiRiZH-z4KrWD3K/view
Twitter: https://twitter.com/himegami_pro
Telegram: https://t.me/himegamiprotocol
Instagram: https://www.instagram.com/himegami_official/?utm_medium=copy_link
Media: https://himegamiprotocol.medium.com/poa
Bitcointalk : https://bitcointalk.org/index.php?topic=5362529.msg58166330#msg58166330

Author : dey90
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=731808
bUKH address: ( Shinobi Wallet ) : 0x59F7CDe82A6fB538195293621E9756B4938e71E5