Kinza Finance is a decentralized lending protocol on BNB Chain, offers non-custodial, secure DeFi lending with innovative tokenomics. The platform features built-in incentives and innovative tokenomics for sustainability. Lending markets are established as liquidity pool contracts, where lenders provide liquidity by depositing cryptocurrencies. Borrowers can both collateralize and borrow from these pools, with lenders earning a share of interest from borrowers. Additionally, borrowers can earn Kinza Governance Token (KZA) emissions. KZA holders can stake their tokens to earn protocol revenue and bonuses, emphasizing Real Yield and unique ve(3,3)-inspired tokenomics.
Kinza Finance, supported by Binance Labs’ Most Valuable Builder (MVB) program, is set to distribute 5% (5 million $KZA) of its total supply via airdrops following the Token Generation Event (TGE). The distribution of KZA in these airdrops will primarily depend on the time-weighted Total Value Locked (TVL) contributed by each user in the run-up to the TGE. Notably, while there will be vesting requirements for the release of $KZA tokens, there will be no vesting period associated with the tokens designated for the airdrop.
Steps to position yourself for the airdrop:
- Go to: https://app.kinza.finance/
- Connect your wallet and make sure it’s on the BNB Smart Chain.
- In case you do not have BNB Smart Chain added to your wallet, you can do that here: https://chainlist.org/
- Click on “Bind Referrer” input the code YM4BAU and approve it.
- This lets you get 10% more airdrop.
- Click “Market” at the top of the page to go to the market page.
- On this page, you can select any token of your choice to deposit.
- Click “Dashboard” at the top of the page to go to the dashboard page.
- Scroll down and borrow any token of your choice.
- Maintain your current position, keeping it open for as long as you can to accumulate points. The more points you amass, the larger your airdrop reward will be once the token generation event occurs. To safeguard your position from potential liquidation, it’s important never to borrow more than 50% of your deposited value. An effective strategy to optimize your benefits within the points system is to employ “looping.” This entails depositing your borrowed funds, using them to secure additional loans, and repeating the process by redepositing the borrowed funds.
This article offers information on Kinza Finance and its associated activities. It is not financial advice. Participation in DeFi may involve financial risks. Conduct thorough research, assess your financial situation, and seek advice from a financial advisor if necessary. We are not responsible for any potential losses. Exercise caution and make informed decisions.
