Kelexo Presale Now Live — WeAreAliveAndSocial

Kelexo found a problem, the difficulties Web3 business have to access resources from banks and other institutions. This can put them in disadvantage and delay development. So they decided to enrich the options build on the Ethereum blockchain and created a De-Fi project focused in a Peer-to-peer lending protocol.

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Token Allocation

The total supply of the token is 440.000.000, breaking down in 60% public pre-sale, 14% Exchange listings, 7% team, 6% marketing, 5% reserves, 5% burn event, 3% rewards.

Pre-sale is not close to the end of the Stage one. The tokens are sold for 0.028 USD, and buying now you get a 15% extra for your purchase.

You will get the tokens your purchased over the course of 5 weeks in 5 payments after the launch, which will occur after the pre-sale ends. It should finish in 90 days.

The token is not required to use the platform from what I can gather, but it will have utility for their holders, in terms of early access, reduced fees, premium features, increased return on investment, and more.

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Audit result

The platform was successfully audited, and the results were favorable.

Owner can not mint new tokens, no blacklisting option was found, there is no limitations for users to sell their assets, no high fees, and trading is already enabled in the contract. No important issues were found. It was build in Ethereum, using the language Solidity.

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Lending Platform on Ethereum

Kelexo is a lending, peer-to-peer platform. Users are supposed to be able to lend-borrow money and repay it in monthly installments. It would open the options for the people that need small credits (it seems like it will not be managing huge amounts but there is also no limit declared) and will give great earnings to the investors.

The community-backed liquidity should keep a healthy ratio so it can cover all the needs of the borrowers while the lenders can liquidate their payments with no lock-up periods.

The conditions for each transaction will be flexible, allowing the investors to select the way they want to proceed with their assets and adapt to the different situations.

This is an interesting platform to keep your eyes on, there is innovative solutions to the conventional backing coming to Web3.

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Hope you liked it, until the next time

Thanks for reading

_{Designed by @jes.seth}

_{Designed by @pashinni}

Posted Using InLeo Alpha

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