Karura (Acala) - $KAR

Code Review - 05/16/2021

Marcus Kelly avatar
Written by Marcus Kelly
Updated over a week ago

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Karura claims to be the all-in-one DeFi hub of Kusama. Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX — all with micro gas fees that can be paid in any token.

Karura token is not launched yet.

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