DKT Finance is an ecosystem of the next-generation De-Fi building blocks. It’s a platform that supports cross-chain applications, wallets, exchanges, and protocols to empower open finance.
Introduction
DKT Finance is an open finance multilayered platform for liquidity mining that aims to become a single-stop for a range of unique financial products. It’s complemented by artificial intelligence that provides users with a liquidity pool service for the better optimization of yield farming portfolios. Equipped with AI technology DKT Finance not only leverages the prediction-based logic but also expands the De-Fi (Decentralized Finance) product offering. The products that DKT Finance offers will be linked to its DKT token in order to redefine the actual meaning of De-Fi.
The Ecology of DKT Finance
As mentioned, DKT Finance empowers open finance through its innovative cross-chain ecosystem of protocols, applications, wallets, and exchanges.
Flash Loans
Flash Loans which are internally known as Flash Swaps provide DKT Finance users with the ability to withdraw their entire reserves total of any token as long as they’re using DKT DApp. Moreover, users can also utilize the platform to execute their arbitrary trading logic without needing to pay any upfront cost.
DKT Swap
DKT Swap allows the users to exchange both Synthetic as well as Asset-0Backed tokens on the BSC (Binance Smart Chain). Moreover, by interacting with the liquidity pools, users can also swap BEP20 in a decentralized fashion. DKT Finance allows the users to stake their desired BED20 tokens’ arbitrary pair into the related pool. Resultantly, the platform in exchange will create an LP token. Users who are holding LP tokens will receive awards on each pair swapping operation.
DKT Finance also allows its users to upgrade the DKT DApp by using the Governance protocol. The liquidity pool migration then must be approved by the users holding the DKT tokens rather than migrating unilaterally. This way the DKT DApp will keep growing and evolving and it will also make sure that all the changes taking place are actually beneficial for the token holders. Additionally, the DKT holders who don’t agree with the voting results will have a sufficient amount of time to exit the liquidity pools because the governance contract on the platform will be based on a time lock contract.
Staking
Just like the rewards account that accrues and stores rewards, the DKT Staking functionality also offers continuous rewards based on the staking time.
DKT Wallet
The DKT wallet allows users to Buy, Swap, Manage, Store, and also Trade more than 10,000 different types of cryptocurrencies by using a single application. It’s also integrated with the most popular decentralized application on Binance Smart Chain, Tron, as well as Ethereum.
Project Roadmap
One of the most significant things about DKT Finance is i’s future plans. Not only do these plans have the capability to change the whole landscape of De-Fi. But they can also make DKT Finance a one-stop solution for a multitude of financial products. The following are the development plans of DKT Finance that are revealed so far.
Source: DKT Finance Official
Q4 – 2020: Setup (Already Achieved)
- Setting up a team
- Building a responsive and user-friendly DKT official website
- Creating marketing and promotional planning
Q1 – 2021: Partnerships (Already Achieved)
- Acquiring partnerships to expand the network
- Launching DKT DApp (Beta)
Q2 – 2021: Presale and Launch (On the Way)
- Presale and exchange listing
- Marketing and airdrops
- Community development
- Launch of fully functional DKT DApp
Q3 – 2021: DKTDAI
- Launching DKTAI
- Developing the backend management system for different projects
Q4 – 2021: Ecosystem
- Decentralized wallet
- Launching staking and farming functionality
- Launching Flash Loans
- Launching Android and iOS applications
Q1 – 2022: Development
- Developing DKT Finance ecosystem
- Acquiring strategic partnerships
- Implementing plans for community growth
Q2 – 2022: Growth
- 2rd Marketing
- Updating roadmap
Project Tokenomics
According to the primary use case of the DKT tokens, the only governance token against each product will allow the users to claim a portion of the generated revenue. It’ll remain the platform where users will be able to stake DKT tokens. At the same time, the team behind DKT Finance will develop the marketplace and the token holders will be benefited greatly just for holding them.
Token Profile
- Platform: Binance Smart Chain
- Token name: DKT FINANCE
- Token Type: BEP-20
- Token symbol: DKT
- Contract:0xf539be729670f0712baa210 cb1924c8b45710fb6
- Decimal: 18
- Max Total Supply: 100,000,000 DKT
- Initial Supply: 24,000,000 DKT
Token Allocation
The total Supply of DKT tokens is 100,000,000 DKT and it’s distributed as followed
Initial Liquidity
- Supply: 24 percent
- Mechanism: Locked for two years
Marketing
- Supply: 10 percent
- Mechanism: Will be released strategically over the course of three years
Token Sale
- Supply: 20 percent
- Mechanism: Divided into private and public sale
Giveaway
- Supply: 1 percent
- Mechanism: Total supply will be released after one month of listing
Development
- Supply: 15 percent
- Mechanism: Will be released over the course of two years
Farms and Staking
- Supply: 20 percent
- Mechanism: Will be distributed to staking users at 30 percent APR (Annual Percentage Rate)
Investors
- Supply: 10 percent
- Mechanism: Will be released over the course of one year
Private Sale, Public Sale
As mentioned, the token sale of DKT is further divided into two categories.
- Private Sale: 20 percent will be released at listing and remaining over the course of six months.
- Public Sale: 100 percent will be released at listing
If all the supply for the token sale is not sold out then the remaining will be burned.
Private sale Further Information
The private sales of tokens will first start on 10th May 2021 at sharp 9:00 UTC and will end on 15th May 2021 at sharp 9:00 UTC. The announcement for 200 lucky people will take place on 15th May 2021 at 11:00 UTC. The important information about the private sale that you need to know is as followed:
- Quantity: 10,000,000 DKT
- Price: 1 DKT = 0.03$
- Buy Limit: 0.25BNB Min to 5 BNB Max
