Kintsugi To Launch New Stable Coin Farm On Solarbeam
Solarbeam is bringing a new stable farm to the community:
💠 $kBTC/$wBTC
The Solarbeam Foundation is willing to be a purveyor of true decentralization within the DeFi space. So, believing that interoperability is a path to a trustful and democratized ecosystem, it deployed a strong partnership structure . These efforts led to the foundation of the shining curve, a liquidity program to incentivize selected pairs on Moonriver.
interBTC, the flagship of Interlay, is Bitcoin on any Blockchain, a fully collateralized, interoperable, and censorship-resistant 1:1 Bitcoin Blockchain asset hosted on the Polkadot parachains and connected to major DeFi networks.
Kintsugi is interlay’s canary network for InterBTC, sharing the same codebase as the interBTC but moving forward by taking a more innovative approach.
kBTC, the 1:1 Bitcoin backed asset of Kintsugi, features the same design as interBTC but focuses more on experimentation and parameterization.
About Kintsugi
Kintsugi is interBTC’s canary network, developed by Interlay under the supervision of Kintsugi Labs, a non-profit oriented organization responsible for Kintsugi’s launch and the support of the decentralized network and ecosystem.
About Solarbeam
Solarbeam is a decentralized exchange, providing liquidity and enabling peer-to-peer transactions on the Moonriver Network. We are currently the leading DEX on the network. The goal is to provide a comprehensive and convenient, one-stop platform for the cryptocurrency community.
