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Kinto – The L2 for Finance.

by SB Crypto Guru News
August 19, 2023
in Ethereum
Reading Time: 3 mins read
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Kinto – The L2 for Finance.

​

https://preview.redd.it/tl6fde5vfxib1.png?width=1992&format=png&auto=webp&s=91306080a14164ff479994618c18be5d8ce9bc7e

This put up is from the Kinto.XYZ weblog. We’re launching our group, and wished to share what we’re all about.
Kinto is a layer 2 blockchain designed particularly for finance. Kinto has a number of options and core product choices that make it completely different from every other L2.

Be a part of the Kinto group discord: https://discord.gg/vXeHbmRCF9
Kinto Docs: https://docs.kinto.xyz/kinto-the-safe-l2/

Origin

Kinto was born from the ashes brought on by the hacks, distress, failures, damaged guarantees, and outright scams that got here out of the 2019–2023 crypto markets. Web3 exploded in recognition, and folks flocked to those permissionless blockchains to take part in a brand new monetary system dubbed “DeFi”. DeFi stands for a lot, and will be a lot greater than it’s at the moment — With Kinto.

We’re calling and welcoming everybody who needs to see a extra honest, open, and clear monetary system. This isn’t only a journey, however a hero’s name. We’re calling those that wish to construct on prime of a secure, resilient and mature L2. We’re calling for builders and establishments seeking to situation belongings onchain which have distinctive compliance necessities like RWA protocols. On Kinto they will obtain composability, an improved consumer onboarding expertise, and entry to institutional capital. We’re additionally calling for customers which have been burned means too many instances from siren calls by scammers & hackers.

We’re in search of those that believed in an open, trustless economic system however have been met with losses from exploits. We’re making ready particular surprises for you.

​

https://preview.redd.it/r7w4n7xcgxib1.png?width=1400&format=png&auto=webp&s=5cd104d3d14f2a6a300256fd9558c1c8fa472673

Protected, Compliant, and Decentralized.

Kinto is the primary KYC’ed Layer 2 able to supporting each fashionable monetary establishments and decentralized protocols

Retail:

We give retail the advantages of crypto (non-custodial, transparency, decentralization) with a well-recognized UI/UX. Protected from DeFi scams and hacks.

Builders:

We give builders contract secured income, and the constructing blocks to construct safer and compliant (KYC/AML) Dapps.

Establishments:

We give institutional traders the instruments and safety they want to have the ability to take part in DeFi whereas assembly their counterparty necessities.

The core focus of Kinto is to carry new, thrilling belongings onchain in a composable, and compliant means. We expect {that a} permissionless KYC blockchain not solely permits new establishments to take part in DeFi, but in addition offers retail a extra even enjoying subject in an in any other case strict PvP market. A pure evolution is going down, and Kinto is main the best way.

— — — — — — — — — —

Create your KintoID: https://kinto.xyz/demo

Web site: https://kinto.xyz/

Docs: https://docs.kinto.xyz/

Twitter: https://twitter.com/KintoXYZ

submitted by /u/patrickman6
[comments]





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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesFinanceKintoLatest News on CryptoSB Crypto Guru News
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