🧵1/ By utilizing a proprietary cross-chain messaging aggregation protocol (XCM Aggregation),
Kawa significantly improves upon the security and speed of existing cross-chain money markets💎
🧵2/ The core protocols used by Kawa are described below:
a) Kawa Core: the ledger containing the state of the protocol, such as account balances, risk settings, markets, and additional information needed to ensure the correct functioning of the protocol😍
b) Kawa Ports: the entry and exit points to the protocol that do not maintain a state. Lenders provide liquidity by depositing assets into Kawa Ports😍
c) XCM Aggregator: This protocol is designed to address the potential risks associated with the exploits of bridges and cross-chain messaging protocols.🔸
🧵3/ Security Over Latency
Kawa prioritizes security over latency for several reasons:
• Security over Speed: The security of funds is of the utmost importance. If a transaction is not secure, it may result in the loss of user funds.
• Preventing Fraud: High latency can help prevent fraudulent transactions by allowing more time for potential security breaches to be detected and addressed before funds are transferred💕
• Maintaining Consistency: Increased security measures may require additional processing time, but they help ensure the consistency and accuracy of the blockchain, maintaining its integrity and trust among users😍
🧵4/ Kawa Token Utility
$KAWA is the governance token issued by the Kawa protocol. KAWA tokens represent voting power on governance proposals. Holders with enough KAWA tokens can make a formal proposal for change in the protocol.
1.1/ First of all, we need to know some metrics below👇
$SUI Total supply: 10 Billion $SUI
$SUI Initial supply:
+ 6% Community access program & App testers (600M $SUI)
1.2/
- 144M $SUI for Whitelisted users (3 CEXs) will be 100% unlocked at TGE
- 450M $SUI for public sales will be unlocked 7.7% at TGE (~ 34.61M $SUI)
- 6M $SUI for add liquidity or surprise #Airdrop (just predict)
=> Assume ~184.61M $SUI token is the initial supply.
3/ Mint test tokens 4/ Make a few swaps in different pairs
5/ Go to "Pool" choose one of the pairs, press "Add" and approve the transaction 6/ After adding liquidity in several pairs, withdraw liquidity in one of the pairs, press "Withdraw" and approve the transaction