It’s time to get Klever with this all-in-one crypto platform
There’s no denying the fact that the crypto market has been on the receiving end of a lot of financial devastation recently, as is highlighted by the fact that the total capitalization of this space has dropped from $3 trillion to approximately $1 trillion over the past half a year or so. However, it would be wrong to say that the aforementioned volatility has been relegated solely to the digital asset industry as other traditional markets — such as stocks, commodities, etc — have been gripped by massive bearish pressure over the same time window.
The decentralized finance (DeFi) sector, in particular, is a niche that has continued to witness a lot of growth recently. To this point, since Q1 2021, the total value locked (TVL) within this space has risen from a handsome $18B to its current levels of approx. $83B, suggesting that despite the sluggish macroeconomic landscape, more and more individuals are continuing to make their way into the DeFi market.
Statistically speaking, research studies suggest that within the next 5 years (i.e. by 2028) this market will reach a cumulative valuation of $507.92B at a steady CAGR of 43.8%. This is because experts see DeFi-enabled tech as having the power to eliminate the need for middlemen/financial intermediaries such as banks, brokerage firms, etc. Furthermore, thanks to the advent of smart contracts, i.e. automated pieces of code that execute when certain predefined conditions are met, it is possible for DeFi systems to maximize consumer transparency, and execute complex transactions (such as interest payments), and other highly seamless, trustless manner.
The DeFi market is maturing thanks to projects like Klever
With the digital finance landscape continuing to evolve at a breakneck pace, more and more investors are beginning to turn to DeFi platforms that provide them with a comprehensive suite of products capable of meeting all of their crypto needs under one roof. In this regard, Klever is best viewed as an all-inclusive gateway to the global decentralized economy that comes replete with a wide range of products and services including a crypto wallet, currency swap, web browser, exchange, staking, payment channels, etc.
To start with, Klever’s native operating system (OS) affords developers the ability to run smart contracts as well as secure their personal wallets within their apps, cloud services, servers, hardware, smartphones, pen drives, mobile devices, and even wearables. On the other hand, the Klever App hosts numerous services that allow users to buy/sell digital assets, process crypto-to-fiat (and vice versa) transactions, play blockchain-enabled games, and utilize decentralized finance solutions with full anonymity and privacy.
Klever Swap, as the name suggests, is a platform that allows users to exchange various cryptocurrencies for one another in a quick, convenient fashion. It keeps a close tab on the live price action of various top-tier exchanges, subsequently creating a price index that helps facilitate the many swaps in question. Lastly, Klever Exchange is a trading ecosystem that can be used by beginners as well as advanced traders with ease. It makes use of a technology called gRPC, a robust open-source RPC (Remote Procedure Call) framework used to build scalable and fast APIs. As a result of this, it is able to not only deliver a high degree of security and intuitive user experience but is also able to support 1M+ transactions per second.
A closer look at Klever’s recent mainnet launch
A key aspect of Klever worth highlighting is the recent launch of its mainnet — ala KleverChain — which coincided right on time with the platform’s original roadmap. In its most basic sense, KleverChain is designed to be a trusted and permissionless blockchain network capable of helping the emerging decentralized economy grow further.
To elaborate, the mainnet offers utility in the form of a proof-of-stake public blockchain, which by its very design is scalable and comes with pre-built, ready-to-use apps. Technically speaking, KleverChain’s unique operational framework allows it to handle up to 3,000 transactions per second in an open, permissionless network while also offering amazing anonymity, trustlessness, and cross-border security.
Therefore, as we move towards a future driven by digital finance and decentralized technologies, it stands to reason that a growing forum of investors will continue to gravitate towards platforms like Klever, especially since they are designed to meet all of their DeFi needs in the easiest, most streamlined manner possible.