New DeFi Project NEW KANGEN (NEWG) Presale Will Start on 2nd October 2020

Because the cryptocurrency global is experiencing fast expansion, decentralized finance (DeFi) platforms also are emerging. In early 2019, there have been best $275M of crypto collateral within the DeFi financial system than the present $five Billion+; this represents the large adoption of this platform.

New Kangen

New kangen introduced previous that they might cooperate with LID Protocol to release the NEWG presale. The presale will get started on October 2, 2020.

Liquidity Dividends Protocol (LID) advances the advance of divided bearing Evidence of Locked Liquidity tokens. It therefore can resolve the problem of Uniswap go out scamming.

After the stipulated presale, 60% of ETH can be locked within the Uniswap liquidity completely. Inside 72 hours after the presale, 15% of ETH will buyback and burn NEWG tokens, combating any type of unload, thus decreasing provide and lengthening the call for.

What’s New Kangen?

New Kangen is a DeFi platform whose purpose is to construct an aggregated liquidity pool, automated market-making, leveraged buying and selling platform, and different useful platforms. It uses NEWG, which is an fairness token. Customers can gain the NEWG token through offering liquidity to the platform’s mixture liquidity pool. Withdrawal charges within the New Kangen platform are at once used to shop for again and burn NEWG.

Web page:

Presale hyperlinks:

Presale steps:

Move to the NEWG presale hyperlinks, attach the Metamask or different pockets, get your ETH able, after which click on the “deposit” button after the presale begins. Should you use cellular, you’ll be able to seek for in a cellular pockets app (equivalent to Trustwallet, token) DAPP browsers and cross to the web page to attach your pockets.

NEWG Presale main points

  1. Overall provide: 50,000 NEXG
  2. Token Presale : 40,000 NEXG : 80%
  3. New Kangen Staff : three,000 NEXG : 6%
  4. New Kangen Ecosystem : three,000 NEXG : 6%
  5. Advertising Function : 2,000 NEXG : four%
  6. Uniswap Locked : 750 NEXG : 1.five%
  7. Justswap Locked : 750 NEXG : 1.five%
  8. Bounty Token: 500 NEXG : 1%

Uniswap Preliminary Worth: 1 NEXG = 75.00 USD

How does this paintings?

New Kangen is an aggregation platform in accordance with decentralized lending protocols equivalent to Compound, Aave, dYdX, and many others.

The purpose of New Kangen is simple-the decentralized finance platform that helps a couple of DeFi agreements will routinely transfer positions between preparations to lend a hand depositors get the very best monetary source of revenue. The advantages of the New Kangen platform are:

  1. Beef up extra currencies.
  2. Permit to make use of extra excellent swimming pools however in all probability riskier.
  3. Distinctive liquidity mining rewards.
  4. Dynamically transfer lending platforms to procure the very best yield.




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Tags on this tale
Bitcoin, Cryptocurrency, DeFi, ETH, KANGEN, LID Protocol, New Kangen, NEWG, NEXG, Presale, uniswap

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