Kensetsu
The Kensetsu Platform is SORA's version of MakerDAO, a decentralized finance (DeFi) solution on the SORA network that enables over-collateralized stablecoin creation and borrowing. The platform facilitates the creation and management of KUSD (Kensetsu USD), allowing users to create vaults, deposit collateral, and borrow stablecoins while maintaining value through algorithmic governance and stability mechanisms.
Kensetsu
DefiThe Kensetsu Platform is SORA's version of MakerDAO, a decentralized finance (DeFi) solution on the SORA network that enables over-collateralized stablecoin creation and borrowi…
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Definition
The Kensetsu Platform is SORA's version of MakerDAO, a decentralized finance (DeFi) solution on the SORA network that enables over-collateralized stablecoin creation and borrowing. The platform facilitates the creation and management of KUSD (Kensetsu USD), allowing users to create vaults, deposit collateral, and borrow stablecoins while maintaining value through algorithmic governance and stability mechanisms.
Why it matters
Unlocks liquidity from existing holdings without selling your assets.