Himegami Protocol - A synthetic commodity-Yen.¥KGR is a decentralized elastic supply digital currency

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Himegami Protocol is a break from united cash and existing stablecoin. This is a DeFi (Decentralized Finance) project that deals with the issues of. Kagura Token (KGR) plans to be Japan's at first true stable token all the while, it was fixed to the Japanese yen, which is seen as the most solid asset on earth. As a token, we intend to circle it in the overall crypto asset market. With a rebase instrument, adroit agreements are used to loosen up the money related volume of market appointment. Total and fixing are normally recognized without the mediation of self-emphatic assignments.

Similarly, more bare essential organization is decentralized by Yamato Bank, which goes probably as a bank. By regulating and introducing a partial save structure, with protection type stablecoin Not simply do we balance the upsides of Fiat, but we similarly return advantages to the owners. With the principal, we will achieve incessant monetary turn of events. Backing in the action of Yamato Bank will use Omoikane Talkon as an organization token. Use for scattered the board. The Himegami Protocol is worked by these instruments, and more in the world. Similarly set up a decent establishment for itself as one more standard asset with sensible stablecoin, We center around generally course both on-chain and off-chain.

Concept


Kagura token is a yen stake cash with KGR as a picture, customized change of issuance aggregate and midway It is a computation type stable emblematic that is by and large consistent at 1 yen in light of the security structure.

The thought is to raise an absolutely clear and sensible stablecoin like never before. One of the parts is the customized issuance total modified change structure Rebase. KGR will be the first rebased token in Japan. Additionally, one year after the start of movement. We will introduce a further part and hope to recognize all the more consistent coins.

Besides, by taking on the deficient save structure, rebase type stays, for instance, AMPL Achieve regards ​​not found in totally security corrals like Bullcoin and DAI. existing Designed to join the credit economy development of Stablecoin with the benefits of trustless stablecoin. Thusly, we will raise hypothesis costs and return advantages to customers. Hence, 1KGR ≒ 1 yen or more A huge component is that it can make the above regard.


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Rebase Lag


The Rebase Lag is at present laid out to 10 with the objective that the expense is cured 10% of what's generally anticipated to hit the target cost one time each day. The more conspicuous the leeway, the more it is depended upon to take to return to the goal cost. For example, to address the market cost at ¥1.5 to target cost at ¥1, it will take.

Rebase Circle Time


The Himegami show rebase system is expected to rebase at normal spans. Some may be intrigued with respect to this number. Our choice came reliant upon the musings with respect to the system that is sensible for the most customers. Our system ensures that emblematic holders in a particular time locale are not constantly getting a rebase at 3 AM when space of the planet is resting. This allows all spaces of the planet to turn in experiencing a rebase in their apex hours. Thusly, allowing a sensible shot at trading and trade everlastingly zones.

Lending


Here, we will interface Yamato Bank versus individual and individual versus individual KGR crediting. In addition, we will recognize free financing and securing with or without protection. In particular, propels from Yamato Bank are as per the current situation of moving to a credit economy. We are needing to comprehend a versatile and incredibly supportive unsound credit.

Exchanges


Daiwa Bank expects to explain cross-chain exchanges focused on KGR inside the bank. is. It fills in as a phase for monetary benefactors to place KGR in various undertakings. It moreover fills in as a resource, and Daiwa Bank itself administers KGR to make an advantage. It is an instrument to raise. The advantages here will be flowed to OMK holders. Store like assurance stablecoin By managing adventure specialists, rather than essentially saving the assets you required in a bank. One of the characteristics of Daiwa Bank is that it can make handiness and prize customers.

Token


Omoikane Token is an organization identification of Yamato Bank with OMK as a picture. It is a consistent coin since it is a part given to KGR coin holders. It can in like manner be seen as the extra worth of KGR.

At unquestionably the initial time, KGR was recorded accessible through Uniswap V2 that maintains the adaptable stock token. Everytime rebase happens, the smart understanding will synchronize with Uniswap liquidity pool to revive the current harmony of KGR token in the pool, then, the trading scale in the pool will be invigorated.

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