Brokers and rigorous banking processes have dominated the world of lending. Credit scores, documentation and the KYC process have limited how much money people can borrow. With the yet-to-launch Kelexo (KLXO) protocol, lending will be seamless.
Kelexo (KLXO) is a lending protocol designed on the blockchain with improved borrowing processes. The platform is secure, fast and reliable regarding transactional integrity and safety. This is why heavy crypto investors are mainly buying into the protocol.
Solana (SOL) launches token extensions
Solana (SOL) launched its token extension a few days ago and this update is rallying support for the token. After gaining 0.18% back in its lost market value, Solana (SOL) now has a total market value of $38 Billion. However, Solana’s (SOL) average daily trading volume is yet to increase. Still, the new Solana (SOL) token extensions that allow for transfer hooks, permanent delegates and confidential transfers may be the key to increasing Solana’s (SOL) market stance. Investors are watching closely to see how Solana (SOL) behaves in the market over the next few weeks to decide if there will be a dump or buy more.
Cardano (ADA) smart contract surges by 67%
With Cardano (ADA) taking a hit in the crypto market, investors are looking for alternatives to the token. Having lost 5.89% in the last seven days, Cardano (ADA) now has a total market value of $16 Billion. Activities around Cardano (ADA) dropped by 4.29%, making its daily average trading volume $324 Million. Cardano (ADA) has seen a smart contract surge by 67%, signifying a communal rallying of its investors and users around the token. This suggests that Cardano (ADA) might see an increase in market value in the coming days. However, market rumors have it that Cardano (ADA) investors are among the top investors in Kelexo (KLXO).
Kelexo (KLXO) pushes lending to a new level
Kelexo (KLXO) is a lending platform built on the blockchain. As a blockchain protocol, Kelexo (KLXO) will have a decentralized governance system, which means every token holder will guide its upgrades and features once it is launched. The native token of this lending platform is Kelexo (KLXO) and just a few days into the presale it gained an impressive amount of investors. Now selling for $0.022 per token, Kelexo (KLXO) is set to grow exponentially at launch.
With Kelexo (KLXO), lending has been made easy. Lenders put up money with their terms and conditions, including information like payback time, interests, etc. Borrowers can then select who they want to borrow from. On Kelexo (KLXO), you do not need passports or credit scores before you can borrow. To keep Kelexo (KLXO) secure, all transactions performed by lenders and borrowers will be accessible to all users. This will keep users honest and dissuade them from scams.
Investing in Kelexo (KLXO) is a must-do for all sensible investors. After gaining over 4,000 sign-ups in a few days, it is clear the platform will move more money into lending, which will mean a higher return on investment for early investors and Kelexo (KLXO) holders. Find out more about the Kelexo presale by visiting the website here