Klever Coin

What is Klever Coin (KLV)?

Klever Coin (KLV) is the native utility token of the Klever Blockchain, designed to enhance user experience and drive the platform's functionality. The Klever Blockchain offers low transaction fees, making it cost-effective for transfers and smart contract executions.

Users can stake KLV to support network security and earn rewards, fostering active participation. Developers utilize KLV to create and deploy decentralized applications (dApps), tokens, and stablecoins, promoting innovation within the ecosystem.

Integrated across various Klever services, including the Klever Wallet and Klever Swap, KLV ensures a unified and efficient user experience. Its multifaceted utility and central role in the Klever ecosystem position KLV as a valuable asset for those engaging with blockchain technology.

Key Utilities of KLV

KLV powers the Klever Blockchain, providing versatile solutions for transactions, real-world payments, and decentralized applications.

Cost Efficiency and Fees

1. Low Fees: KLV offers highly competitive fees for transfers, smart contracts, and other blockchain interactions.

2. Integrated Gas Fees: Developers can use their tokens for network fees, which are converted to KLV via a KDA pool, streamlining payments.

3. Swap Fee Discounts: Using KLV for swap fees unlocks discounts, enhancing its utility and reducing costs for frequent users.

Staking and Rewards

4. Network Security: Staking KLV supports the DPoS consensus, strengthening network security.

5. KFI Staking Rewards: KFI stakers earn KLV as a reward, encouraging governance participation and reinforcing KLV’s utility.

6. Holder Incentives: Staking KLV offers meaningful returns, fostering a circular economy within the ecosystem.

Ecosystem Utility

7. dApps and Stablecoins: Developers use KLV for creating and deploying dApps and stablecoins, driving innovation.

8. Integrated Services: KLV is used across Klever Wallet, Klever Swap, and Klever Extension for payments, staking, and token exchanges, ensuring a cohesive experience across all Klever platforms, including its utility on:

• Klever Wallet: Used for fee payments, staking, and token swaps.
• Klever Swap:Facilitates cost-effective token exchanges with options for discounted fees using KLV.
• Klever Extension: Supports transactions and interactions with DApps and other blockchain applications.
• Other Klever Platforms: Extending its utility to future and existing Klever-related products, ensuring a unified experience.

Real-World Use Cases for KLV

Klever Coin (KLV) extends beyond its role in blockchain transactions, demonstrating real-world utility across multiple industries, including travel, shopping, gaming, and more. Its versatility empowers users to engage with decentralized finance while solving practical problems, making KLV a token with tangible applications for everyday life.

1. Travel and Experience Bookings KLV can be used for booking travel services, allowing users to pay for flights, hotels, and experiences through Travala, a blockchain-powered travel booking platform.

2. Blockchain Transactions and Flexible Swaps KLV enhances blockchain usability by simplifying multi-chain transactions:

• Cross-Chain Swaps: Pay swap fees in KLV when exchanging tokens between Klever Blockchain and other blockchains.
• Fee Flexibility Users can also pay transaction fees with KDA tokens when interacting with Klever Blockchain assets, ensuring adaptable and user-friendly cross-chain interactions.

4. Blockchain Games KLV is gaining traction in the gaming industry, particularly in blockchain-based games.This integration enables users to stake, play, and transact directly using KLV. Used for in-game purchases, unlocking special items, skins, or levels in Klever-enabled gaming ecosystems.

How many Klever Coins (KLV) are there in circulation?

Users can always find updated information about the Klever Blockchain transactions on kleverscan.org.

The maximum supply of KLV is 10,000,000,000, while the initial supply started at 8,874,165,276. Currently, the circulating supply stands at 9,318,088,215.638058. As of November 25, the burned value is 95,262,051.270557 and the amount of KLV staked is 14, 3,760,529,766.452856 KLV, with 117243 holders and 49,359,712 transactions recorded. The staking type is Fixed Percentage.

Who are the founders of Klever Blockchain?

Klever Blockchain was founded by a team of seven individuals, each contributing unique expertise to the project's development:

• Dio Ianakiara: Co-founder and CEO, Dio leads Klever's vision and strategic direction. His journey from humble beginnings in São Paulo to becoming a tech entrepreneur underscores his dedication to financial empowerment through blockchain technology.
• Bruno Campos: As Co-founder and CTO, Bruno oversees the technological framework of Klever. With decades of experience in software development and security architecture, he ensures the platform's robustness and innovation.
• David Ianakiara: Co-founder and Director of Quantitative Trading, David contributes his expertise in financial strategies, enhancing Klever's trading mechanisms and financial models.
• Fernando Sobreira: Serving as Director of Blockchain Research and Development, Fernando is instrumental in advancing Klever's blockchain solutions, leveraging his extensive experience in complex blockchain projects.
• João Pedro Cruz Lima: As Vice President and Director of Strategy and Business Development, João plays a pivotal role in expanding Klever's market presence and forging strategic partnerships.
• Vitor Pereira: Product manager and Co Founder, Vitor ensures a seamless and user-friendly interface for Klever's applications, enhancing user engagement and experience.
• Marlon Gomes: Initially serving as Head of Software Architecture, Marlon focused on simplifying complex systems to improve user experience and drive innovation within the platform. In October 2024, the Co Founder transitioned to become the CEO of MoonLabs Studio, a game studio dedicated to blockchain game development.

What Makes Klever Blockchain Unique?

Klever Blockchain is a Layer 1 blockchain platform designed to simplify and democratize decentralized technologies, focusing on financial applications and smart contracts. Its user-friendly design allows individuals with minimal technical knowledge to create and deploy decentralized applications (dApps) effectively.

1. Ease of Use: Klever Blockchain streamlines the creation of smart contracts through built-in mechanisms called "prebuilt smart contracts," allowing developers to deploy dApps, known as Kapps (Klever apps), without coding.

2. No-code: The platform offers a range of operations that can be performed without any coding, including asset creation, validator creation and configuration, unjailing validators, asset triggers, proposals and voting, Initial Token Offering (ITO) configuration & marketplace creation and configuration. These features are accessible via KleverScan, the Klever blockchain explorer, enabling users and developers to interact with the blockchain efficiently without requiring advanced programming skills. A comprehensive list of these functionalities is available in the Klever documentation.

3. Low Fees: Transaction costs on Klever Blockchain are minimal, making it attractive for retail users and developers alike.

4. Scalability: Klever Blockchain can handle high throughput, (3,000 Transactions Per Second - TPS) allowing faster transactions, making the blockchain suitable for a variety of use cases, such as decentralized finance (DeFi), non-fungible tokens (NFTs), stablecoins creation and micropayments.

5. KLV Token: The Klever ecosystem uses KLV as its native token for transactions, fees, staking, and reward within the Klever ecosystem.

How Is the Klever Blockchain Secured?

The platform utilizes a Delegated Proof of Stake (DPoS) consensus mechanism, selecting validators based on their stake to improve transaction speed and reduce latency. Incorporating Practical Byzantine Fault Tolerance (PBFT) alongside DPoS ensures consensus even in the presence of malicious nodes, bolstering fault tolerance and network reliability The network features masternodes—nodes with significant stakes responsible for transaction validation and block production. These masternodes are incentivized through rewards, playing a crucial role in maintaining network security. Time within the network is divided into slots of 4 seconds and epochs of 6 hours. At the start of each epoch, 21 masternodes are randomly selected as validators, ensuring dynamic participation and enhanced security.

Transaction fees on Klever Blockchain are regulated by on-chain voting, with different rates for various transaction types; for instance, a standard transfer incurs a fee of 0.5 KLV. To become a masternode, an account must stake a minimum of 1.5 million KLV, with 10 million KLV required to be eligible for block production. Masternodes earn rewards from transaction fees and block production, incentivizing active participation and network security. For developers, Klever offers official Software Development Kits (SDKs) in various programming languages, facilitating seamless integration and development on the platform. Additionally, the Klever Virtual Machine (KVM) enables the execution of native smart contracts, expanding the platform's capabilities and is currently available on the testnet.

Where Can You Buy Klever Coin (KLV)?

As of November 25, 2024, you can purchase Klever Coin (KLV) on several cryptocurrency exchanges, including:

1. DeFi Bitcoin.me
2. MEXC Global
3. Gate.io
4. CoinEx
5. KuCoin
6. Huobi
7. Bitget

Klever's Suite of Blockchain Innovations

• Klever Wallet is a non-custodial, multi-chain wallet supporting over 40 blockchains. Users can manage, buy, send, receive, swap, and stake tokens like Klever Blockchain tokens, Bitcoin, Ethereum, and Tron.

• Klever Extension A browser-based wallet for interacting with DApps, buying crypto, swapping tokens, and staking across multiple networks.

• KleverSafe An offline cold wallet supporting over 40 blockchains with secure key management and BIP39 compatibility.

• KleverScan A blockchain explorer for the Klever Blockchain, providing transaction, address, and block data.

• Klever Labs An incubator supporting blockchain-based projects, including games and financial tools.