What is Ikki Protocol? Ikki Protocol is a Dex supported by Arbitrum to build and develop. with the mission of providing opportunities to access a new financial system for everyone. So what is Ikki Protocol? Let’s find out in this article!
To understand this article better, you should refer to the following article:
What is SpookySwap (BOO)? SpookySwap Cryptocurrency Overview
What is Ikki Protocol?
IKKI Protocol is a Dex on Arbitrum with a mission to provide DeFi financial opportunities for everyone. Ikki wants to decentralize traditional finance and create a fair global economy with its community-driven DAO.
IKKI’s low fees and fast transactions are part of an effort to increase the accessibility of DeFi. This is possible thanks to choice Arbitrum blockchain for protocol development. IKKI provides investors with the means to earn profits on the money they bet and also rewards for the money they earn.
Mechanism of Action
Products built on Ikki Protocol:
- Sole Swap: Swaps between any two tokens are supported instantly.
- Liquidity Provision: Provide liquidity in pairs to earn fees.
- Farm: Stake LP tokens to earn IKKI as rewards.
- Pool: Stake IKKI to receive IKKI or partner tokens.
- Dashboard: The user-friendly interface allows you to view information about your holdings on the Ikki protocol and various Defi products.
- Flash LP : IKKI Finance helps provide liquidity, get LP tokens and easily stake the respective farm easily with Flash LP.
- Vault : Lock xIKKI to earn IKKI without temporary loss.
Development Roadmap
Ikki has strategic plans to keep things on track. And develop products like the one pictured above in journey.
Core Team
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Investors
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Tokenomics
Overview information about Ikki Protocol Token
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Token Allocation
- Incentives-75%
- Presale-3.75%
- Ecosystem-6.25
- Developer-10%
- Network Security-5%
Token Release
The image above is the IKKI Token Release table by year of Ikki Protocol.
Token Use Case
IKKI tokens are rewarded for Pool, Locker and participating in protocol governance.
Exchanges
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Ikki Protocol Information Channel
- Website: https://ikki.finance/
- Twitter: https://twitter.com/IkkiProtocol
- Discord:
Summary
Ikki Protocol supports many products such as Dex, Farm, Add liquidity,… Helps bring users many benefits when interacting with DeFi on Arbitrum.
So I have clarified what Ikki Protocol is? Hope this article brings you a lot of useful knowledge!
