Features
Unique Hybrid Stability Mechanism
Kimah stablecoin stability mechanism is magical and different from other stablecoins; it uses a hedging strategy to maintain the stable value and acts as a manager of reserved crypto assets. As mentioned above, the hedging mechanism perfectly solves other stablecoins problems and risks.
Hybrid-Algorithmic Design Model
the hybrid algorithmic stablecoin model is the new trend in the market, and adopting them will significantly aid users in mitigating the risks and challenges.
Kimah has the privilege of using a hybrid design model as it’s fully backed and reserving a portfolio of assets for hedging strategy, plus utilizing a specialized algorithm and smart contracts which automatically reduce or increase the supply of tokens to control the value. Accordingly, it is decentralized while reserving 100 per cent of crypto assets in its treasury and keeping them safe from volatility with the help of its innovative hedging algorithm. At the same time, it doesn’t need substantial governance to implement, as it is controlling its value through a specialized algorithm and hedging strategy.
In this model, users do not have a direct claim on the issuer or the underlying/reserved assets, and the provider does not pledge to redeem coins in the same currency that was used to purchase Kimah coins. Instead, Kimah stablecoin is issued based on the portfolio value of reserved assets.
Fully Decentralized
the hybrid algorithmic stablecoin model is the new trend in the market, and adopting them will significantly aid users in mitigating the risks and challenges.
Kimah has the privilege of using a hybrid design model as it’s fully backed and reserving a portfolio of assets for hedging strategy, plus utilizing a specialized algorithm and smart contracts which automatically reduce or increase the supply of tokens to control the value. Accordingly, it is decentralized while reserving 100 per cent of crypto assets in its treasury and keeping them safe from volatility with the help of its innovative hedging algorithm. At the same time, it doesn’t need substantial governance to implement, as it is controlling its value through a specialized algorithm and hedging strategy.
In this model, users do not have a direct claim on the issuer or the underlying/reserved assets, and the provider does not pledge to redeem coins in the same currency that was used to purchase Kimah coins. Instead, Kimah stablecoin is issued based on the portfolio value of reserved assets.
