About Kinect Finance KNT

The Kinect Protocol aims to solve the problems of other existing yield farms, yield aggregators, staking platforms, and farming rewards. Yield farming often looks very attractive to investors due to extremely large interest rates. Although, a problem in today's defi ecosystem is that rewards often have to be paid out by using artificial inflation. This is a problem but is also necessary for these protocols to function, because without inflation, platforms wouldn’t be able to offer enticing interest rates to investors. Although, it gives participants little reason to want to hold the token because it will be losing value as it becomes more diluted. Historically yield farming platforms will have great price action at first, as their large interest rates attract new investors and a large amount of capital to the platform. However, once the rate of new users onboarding starts to peak and there is less new capital buying up the tokens that are being minted. It ends up with the price starting to consistently decline as the market gets more and more diluted with freshly minted tokens and sell pressure builds up. The Kinect Protocol has been developed in a way that solves all of these problems and uses it beneficially.

Kinect Finance (KNT) Price Data

Kinect Finance (KNT) price has decreased today.

Kinect Finance price today is $0.001063 with a 24-hours trading volume up by -- %. KNT price is down in the last 24 hours. It has a circulating supply is 999,754 KNT coins and a total supply of 999,754.

What is the highest price for Kinect Finance?

The all-time high price of Kinect Finance is $0.4200 on Jan 10, 2023.

What is the lowest price for Kinect Finance?

The all-time low price of Kinect Finance is $0.0000298 on Aug 3, 2024.