KLEVA Protocol is a DeFi protocol in Klaytn that specializes in Leveraged Yield Farming. It acts as an amplifier for decentralized exchanges, integrating with farms to trigger an inflow of liquidity. This leads to a higher TVL for the entire ecosystem.

The KLEVA Team consists of three entities, each with its own strengths:

1. WEMIX: A subsidiary of Wemade, a KOSDAQ listed company in Korea, providing various blockchain services including the WEMIX blockchain platform, cryptocurrency wallet, decentralized exchange, and NFT marketplace.

2. SOOHO: Specializes in blockchain security reinforcement, offering smart contract development engines to build and maintain a secured environment for blockchain applications. They have secured assets worth over $3B and detected more than 170,000 vulnerability points.

3. Birk O'Sully: Specialized in developing Web 3 Protocols, covering designing to actual product development. The team members have diverse professional backgrounds in the crypto scene, including crypto exchanges, blockchain platform development, and crypto funds.

KLEVA Protocol is a lending protocol on the Klaytn Blockchain that enables leveraged yield farming. It creates an ecosystem where farmers can maximize their yields and lenders can earn passive income by lending their assets.

Leveraged Yield Farming allows farmers to borrow funds to increase their position and earn higher yields. Unlike lending platforms with Over-Collateralization policies, KLEVA Protocol permits Under-Collateralized Loans, enhancing capital efficiency and offering higher APYs.

KLEVA Protocol also provides multiple tactics for earning money through Leveraged Yield Farming, such as position hedging and taking long/short positions with pair assets. This allows investors to do more than just passively stake their cryptocurrency and brings wider opportunities for all participants.

By taking advantage of current DeFi protocols and opening a gateway to a bigger economy, KLEVA Protocol accelerates the growth of the entire ecosystem and provides expanded opportunities.

KLEVA Protocol's in-house token, KLEVA, is created at a rate of 1.33 tokens per block. The emission rate follows a sliding model, decreasing by 25% annually.

By January 2023, approximately a year after KLEVA Protocol's launch, there will be around 42,048,000 tokens in circulation. Token distribution includes 75% to Users of KLEVA Protocol, 15% to the DEV Fund, and 10% to the ECO Fund.

The DEV Fund (15%) is allocated for protocol development and stabilization, while the ECO Fund (10%) is used for expansion and improvement of the KLEVA Ecosystem through strategic partnerships, airdrops, and expanding the money lego.

KLEVA Tokens capture the economic incentives of KLEVA Protocol, with a part of the Performance Fee rewarded to ibKLEVA Stakers. The profit generated is primarily used to Buyback & Burn KLEVA Tokens, and integrating with more DEXs increases accrued fees.

KLEVA Protocol's in-house token, KLEVA, is available for purchase on Bittrex Global, KLAYswap, and Claimswap.

KLEVA Protocol is a DeFi protocol in Klaytn that specializes in Leveraged Yield Farming. We take advantage of the liquidity layers in Decentralized Exchanges and act as the amplifier for these exchanges. By integrating with farms, we trigger an inflow of liquidity to both exchanges and our protocol, leading to a higher TVL for the entire Ecosystem.

The KLEVA Team consists of three entities, each with its own strengths.

WEMIXWEMIX is a subsidiary of Wemade, a KOSDAQ listed company in Korea. We are expanding our territory within the blockchain industry and provide various services including WEMIX blockchain platform, cryptocurrency wallet, decentralized exchange, and NFT marketplace.

SOOHOSOOHO specializes in the reinforcement of blockchain security. We provide smart contract development engines to help users build and maintain a secured environment for blockchain applications. The accumulated value of secured assets through SOOHO has surpassed $3B, including the detection of more than 170,000 vulnerability points.

Birk OSullyBirk O'Sully is specialized in developing Web 3 Protocols covering from designing to actual product development. Each member has a different but professional background in the crypto scene, including crypto exchanges, blockchain platform development, crypto fund, etc. Currently, the team focuses on developing and operating products in various blockchain protocols.

KLEVA Protocol is a lending protocol that allows leveraged yield farming on Klaytn Blockchain. We gather lenders and farmers and make an ecosystem where farmers can maximize their yields and lenders can earn passive income by lending their assets to farmers.

Leveraged Yield Farming is a tactic where farmers borrow funds to ramp up their position in order to earn more yields. This tactic is especially attractive because in DeFi, your main goal is to always get the highest APY. Moreover, by controlling the leverage level, you can borrow more than you put up as collateral and take your profit to a higher level.

Unlike lending platforms that have an Over-Collateralization policy for borrowers, KLEVA Protocol is built to permit Under-Collateralized Loans. This enhances capital efficiency resulting in higher APYs not only for farmers but for lenders too.

Furthermore, there are multiple tactics in Leveraged Yield Farming to earn money. Simply from lending a single asset to position hedging, taking long/short positions with pair assets, and so on and so forth. Thus, as an investor, you can do much more than just passively stake your cryptocurrency.

Wrapping up, we accelerate the growth of the entire Ecosystem by taking advantage of current DeFi protocols and opening a gateway to a bigger economy - bringing wider opportunities for all participants.

KLEVA Protocols in-house token KLEVA is created at a rate of 1.33 tokens per block. The minting logic follows a sliding model in which the emission rate will decrease 25% annually.

The supply of KLEVA will depend on the block rate. At approximately 86,400 per day, and therefore 115,200 newly-minted tokens per day, there will be roughly 42,048,000 tokens in circulation by January 2023, a year after KLEVA Protocol first launched.

Token distribution currently consists of the following: 75% to the Users of KLEVA Protocol, 15% to the DEV Fund, and 10% to the ECO Fund.

15% allocated to Dev Fund will be used for protocol development and stabilization, to build and maintain a healthy project. 10% assigned to ECO Fund is used for expansion and improvement of KLEVA Ecosystem : finding strategic partnerships, airdrops, expanding our money lego and more.

KLEVA Tokens serve the purpose of capturing the economic incentives of KLEVA Protocol. A part of Performance Fee is rewarded to ibKLEVA Stakers and the profit generated is mostly used to Buyback & Burn KLEVA Tokens. Since we take advantage of the liquidity layers of DEXs, integrating with more DEXs will result in bigger accrued fees.

KLEVA Protocols in-house token KLEVA is available on Bittrex Global, KLAYswap, and Claimswap.