Kayen, Launched Kayen DEX and Airdrop League Campaign
The post Kayen, Launched Kayen DEX and Airdrop League Campaign appeared on BitcoinEthereumNews.com.
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Kayen, powered by the largest SportFi chain Chiliz, is onboarding sports fans on-chain through Defi fan token utility. The crypto narrative is rapidly shifting from infrastructure-level solutions to engaging use cases that bring more people into Web3, with meme coins and RWA leading the charge. SportFi, merging sports and finance, is a key initiative to engage fans of major sports teams on the blockchain. Chiliz, the world’s largest sports and entertainment blockchain, has launched official fan tokens for major teams like Paris Saint Germain (PSG), FC Barcelona (BAR), and Manchester City (CITY). With their own mainnet, Chiliz is now focusing on applying decentralization to the ecosystem, onboarding sports fans into the DeFi space with its official partner, KAYEN Protocol. KAYEN has launched its DEX testnet product and airdrop league campaign, offering early users the chance to engage with the platform by completing transaction and community missions for potential $KAYEN token airdrops. The platform has integrated with Bitget and Coin98 wallets, providing bonus airdrop points. KAYEN has hinted at various partnership announcements coming soon. To further engage the community, they’ve recently launched an epic meme competition. Expanding Fan Token Experience Through Providing DeFi Utility KAYEN Protocol defines itself as a ‘Community-Driven Decentralized SportFi Ecosystem’. Their emphasis on the ‘ecosystem’ keyword suggests that the protocol will offer multiple products. The protocol’s first and flagship product, the official Fan Token DEX, will be the spark to bring DeFi into Chiliz. KAYEN’s approach to onboarding sports fans into the Web3 space through familiar territory – their favorite teams and athletes – could significantly boost mass…
Filed under: News - @ July 17, 2024 12:24 pm