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

Because the cryptocurrency international is experiencing fast enlargement, decentralized finance (DeFi) platforms also are emerging. In early 2019, there have been simplest $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 remedy the problem of Uniswap go out scamming.

After the stipulated presale, 60% of ETH will probably be locked within the Uniswap liquidity completely. Inside 72 hours after the presale, 15% of ETH will buyback and burn NEWG tokens, fighting any type of unload, thus lowering 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 achieve the NEWG token by way of 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 site:

Presale hyperlinks:

Presale steps:

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

NEWG Presale main points

  1. Overall provide: 50,00zero NEXG
  2. Token Presale : 40,00zero NEXG : 80%
  3. New Kangen Crew : three,00zero NEXG : 6%
  4. New Kangen Ecosystem : three,00zero NEXG : 6%
  5. Advertising Objective : 2,00zero 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 line with decentralized lending protocols similar to Compound, Aave, dYdX, and so on.

The purpose of New Kangen is simple-the decentralized finance platform that helps more than one DeFi agreements will mechanically transfer positions between preparations to assist depositors get the perfect monetary source of revenue. Some great benefits of the New Kangen platform are:

  1. Fortify 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 perfect yield.




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