Chiliz mentioned that Kayen Finance formally launched its platform on Chiliz Chain. In accordance with the announcement, the rollout brings a full DeFi stack to Fan Tokens, beginning with decentralized alternate infrastructure already dwell.
The launch impacts Fan Token holders and Chiliz ecosystem customers searching for extra on-chain utility past buying and selling. Kayen Finance plans liquid staking for CHZ holders and lending markets for token-backed liquidity, whereas $PEPPER turns into the protocol’s governance token with 25% of protocol charges allotted to buyback and burn.
The subsequent level to observe is execution throughout the product roadmap. Kayen Finance mentioned its instant focus is product iteration, ecosystem enlargement and neighborhood collaboration, as the platform goals to grow to be the foundational DeFi layer for Fan Tokens.
Supply: Chiliz Weblog.
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