Because the cryptocurrency world is experiencing fast progress, decentralized finance (DeFi) platforms are additionally rising. In early 2019, there have been solely $275M of crypto collateral within the DeFi economic system than the present $5 Billion+; this represents the huge adoption of this platform.

New Kangen

New kangen introduced earlier that they might cooperate with LID Protocol to launch the NEWG presale. The presale will begin on October 2, 2020.

Liquidity Dividends Protocol (LID) advances the event of divided bearing Proof of Locked Liquidity tokens. It therefore can clear up the difficulty of Uniswap exit scamming.

After the stipulated presale, 60% of ETH will likely be locked within the Uniswap liquidity completely. Inside 72 hours after the presale, 15% of ETH will buyback and burn NEWG tokens, stopping any type of dump, thus decreasing provide and growing the demand.

What’s New Kangen?

New Kangen is a DeFi platform whose purpose is to construct an aggregated liquidity pool, computerized market-making, leveraged buying and selling platform, and different practical platforms. It makes use of NEWG, which is an fairness token. Customers can purchase the NEWG token by offering liquidity to the platform’s combination liquidity pool. Withdrawal charges within the New Kangen platform are straight used to purchase again and burn NEWG.

Web site:

Presale hyperlinks:

Presale steps:

Go to the NEWG presale hyperlinks, join the Metamask or different pockets, get your ETH prepared, after which click on the “deposit” button after the presale begins. In case you use cellular, you’ll be able to seek for in a cellular pockets app (resembling Trustwallet, token) DAPP browsers and go to the web page to attach your pockets.

NEWG Presale particulars

  1. Complete provide: 50,000 NEXG
  2. Token Presale : 40,000 NEXG : 80%
  3. New Kangen Group : 3,000 NEXG : 6%
  4. New Kangen Ecosystem : 3,000 NEXG : 6%
  5. Advertising and marketing Goal : 2,000 NEXG : 4%
  6. Uniswap Locked : 750 NEXG : 1.5%
  7. Justswap Locked : 750 NEXG : 1.5%
  8. Bounty Token: 500 NEXG : 1%

Uniswap Preliminary Value: 1 NEXG = 75.00 USD

How does this work?

New Kangen is an aggregation platform based mostly on decentralized lending protocols resembling Compound, Aave, dYdX, and so forth.

The purpose of New Kangen is simple-the decentralized finance platform that helps a number of DeFi agreements will mechanically transfer positions between preparations to assist depositors get the very best monetary revenue. The advantages of the New Kangen platform are:

  1. Assist extra currencies.
  2. Enable to make use of extra good swimming pools however maybe riskier.
  3. Distinctive liquidity mining rewards.
  4. Dynamically change lending platforms to acquire the very best yield.




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This can be a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. shouldn’t be accountable, straight or not directly, for any harm or loss induced or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or providers talked about within the press launch.

Tags on this story
Bitcoin, Cryptocurrency, DeFi, ETH, KANGEN, LID Protocol, New Kangen, NEWG, NEXG, Presale, uniswap

Picture Credit: Shutterstock, Pixabay, Wiki Commons

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