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Kulfi Finance Fixed Rate Lending Protocol to Bring Certainty to Cardano DEFI Space

Thu, 8/09/2022 - 12:00
Kulfi Finance Fixed Rate Lending Protocol to Bring Certainty to Cardano DEFI Space
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Fixed income markets are thus inefficient and ripe for disruption, and DeFi is perfectly positioned to rapidly innovate on efficiency, liquidity, transparency, and accessibility for the largest financial market in the world. With the longer term stability that borrowing and lending at fixed rates brings, Kulfi will enable new and exciting fully decentralized use cases for DeFi. Kulfi’s model is a fixed rate lending product on Cardano that gives users the certainty needed to plan for the future without relying on entrenched and exploitative financial institutions.


Kulfi finance is an advanced DeFi solution based on the Cardano protocol. Powered by Kulfi token (KLS), the project is designed to work flawlessly on Cardano’s existing PoS protocol.

Kulfi Governance

Kulfi is governed entirely on-chain by KLS token holders, All KLS holders are treated equally, one KLS equals one vote. KLS holders can vote directly or they can delegate their votes to any third party they choose. Governance votes can change system parameters like collateralization ratios as well as introduce entirely new features via smart contract upgrades. A key advantage for future KLS holders is its voting power, which enables the ability to initiate and vote on key decisions in the operation and development of Kulfi finance.

By holding KLS, users will also receive increased returns, an increased chance at an airdrop of new tokens, access to important information and membership in the Kulfi Finance.

Kulfi Token (KLS) is currently on Pre Seed Round for early buyers, this is the first and limited opportunity for the public to gain exclusive early access to purchase Kulfi token at 0.005 ADA per token. Interest participants can follow the link to purchase KLS token at a fair price:

Kulfi Token (KLS) and Utilities

  • Proposing and evaluating upgrades to the protocol
  • Access Grant for Kulfi Borrowers
  • Onboarding new collateral types
  • Setting liquidity fees
  • Activating new maturities for lending and borrowing different assets
  • Transaction fees within the Kulfi Ecosystem can be paid using KLS tokens
  • KLS holders earns a percentage of fee paid within the Kulfi Ecosystem
  • Loan repayment can be done with KLS token

Kulfi Fixed Rate Protocol

Borrower: Users can mortgage their collateral in exchange for a negative wToken. The borrower can exchange negative wToken to receive stablecoins and obliged to pay back at maturity (Capital + Interest rate)

Lender: Users can exchange their crypto assets for a positive wToken. When wTokens matures, the lender can redeem positive wToken for its face value (Capital + Interest yield)

Liquidity Provider: Liquidity providers have the same responsibilities as DEX providers, maintaining pools and getting benefits from transaction fee and reward from the project.

Kulfi Building Block Tokens

wTokens is a transferable token that represents a user's ability to lend or borrow and the payment deadline. wtokens can be minted as postive wToken or negative wToken. Owning wtokens in the portfolio can be understood as owning a certificate of liability for lending or debt repayment.

* A positive wtokens balance is an asset, which is redeemable for one currency at maturity.

* A negative wtokens balance is a debt obligation, obliging a negative wtokens holder to provide a currency at maturity.

$KLS Token Pre Seed Details

1 ADA = 200 KLS Token

Pre-Sale Allocation: 70,000,000 KLS Tokens

Minimum buy: 350 ADA

Follow the link to purchase KLS token on Pre Seed Sale:


Kulfi finance is a protocol on Cardano that facilitates fixed-rate, fixed-term crypto asset lending and borrowing. The core concept of Kulfi is wTokens, a zero-compound bond defined by a currency type and maturity date. Kulfi liquidity pools are built by liquidity providers who contribute to Kulfi Liquidity pool and act as counterparty to the lenders and borrowers that are active on the protocol.

Learn more on Kulfi Finance

Join KLS Pre Seed:







Company details

  • Organization
    Kulfi Finance
  • Website:

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