Himegami Protocol the Japanese first decentralized protocol with bUKH token. - Bitcoin wala

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Monday, October 18, 2021

Himegami Protocol the Japanese first decentralized protocol with bUKH token.

 I written many posts in my life guys but this post is very different and very interesting for me and it will be for you all also.

In this post we are going to see about 2 different things linked with each other.

First we will see about Himegami protocol and then about bUKH.

Himegami protocol:

INTRODUCTION:

 

Himegami Protocol ($ KGR) is the Japanese first decentralized protocol managing algorithmic stable token.

As this is a japanese token all japanese tokens always be good and makes a very good heights in future.

Similarly this himegami protocol team also used their full experience and worked very hard for the development and the success of their products.

Thier main token is KGR token they have other tokens also that we will see in coming content.

KGR is a completely fair cryptocurrency.That a decentralized elastic supply digital currency.Solve market manipulation and grow the economy of world with new concept.


About Himegami protocol:

Himegami basically uses a new mechanism which is the rebase mechanism and automatically adjusts the supply of tokens.

KGR uses a mechanism called rebase and automatically adjusts the supply amount of KGR every 1385 minutes with a smart contract program. By adjusting the supply amount, we will pegging 1KGR≒1yen Unlike traditionally centralized projects, it is impossible for the manager (us)to release tokens optionally. KGR is Japan’s first Yen peg currency that is completely fair and transparent.

If you see their roadmap it is the fastest road map by any crypto coin in the world.As I already told you Japanese always works faster than any one else.


The number of KGR is 170 million KGR. From January 15, 2021, 1% of total supply KGR will be released by smart contracts for each rebase. Released KGR will be mint at daily public sales and un mint KGRs will be burned.


The Himegami protocol consists of four tokens and one bank:

The first coin is KGR total supply:170 million for initil phase.


The second is the governance token which is omk token Symbol: OMK Total number of issues: 100,000,000 OMK

・Adopts a total issuance method without additional issuance.

・It is a governance token of Yamato Bank and a shareholder of Yamato Bank’s earnings.

・The full amount will be distributed by airdrop to the initial KGR participants.

・Distribution of Yamato Bank sales started in March 2021


The third one is the sUKH token:

Token name: sUKHI Symbol:sUKH Total number of issues:(500,000,000-BUKH) Current number of issues: ・s(Stocks)


The fourth coin is our main coin which is bUKH coin which basically deals with bonds.

We will see about bUKH in detail in coming sections.


The last is the major thing which is yamato bank:

Yamato Bank aims to be the clearest central bank in the world. Its role is to ease and tighten the market distribution volume of KGR. The control at this time is automatic adjustment by smart contract, and there is no chance that it can be managed by operation.

one of the objectives is to grow into a platform that can comprehensively accept the various needs of DeFi, which stands in the future, only by Yamato Bank. To that end, we plan to provide the following services centered on KGR.


Their team is basically consists of very high quality developers and soon they will bring lots of updates in future and I am sure this project will be going to moon.


Now we will see about bUKH coin in detail:

This coin is listed in coinsbit and uniswap.current price is 0.02$ which is the biggest dip in this coin and the all time high is 0.09 so buy this coin now for maximum profit.

You can earn this coin for free from the bounty which is running by himegami protocol.

Token name: bUKHI

Symbol:bUKH

Maximum number of issues:(500,000,000-sUKH)

Current number of issues:(Get from smart contract)

・b(Bond)

The value is supported by the UKH tokens in circulation and the KGR, which is the core asset of the Himegami protocol. You can get various benefits in your wallet by holding or consuming it. You can swap to sUKH 2:1.


They also have their own wallet to store their all tokens and its downloaded lots of people all around the world.

The wallet name is shinobi wallet available in both android and ios device also.

Conclusion:

The Himegami protocol aims to function as a synthetic asset which represents speculation on the price of Japanese yen (¥). This is made possible through
an elastic supply characteristic and programmatic rebasing protocol which
incentivize market actors to drive KGR token price to its target (peg) price.

|Himegami Protocol ($ KGR) is Japanese first decentralized protocol managing

https://himegamiprotocol.org

https://drive.google.com/file/d/1_7HW... https://play.google.com/store/apps/de...

Telegram https://t.me/himegamiprotocol

Twitter https://twitter.com/himegami_pro

Medium https://himegamiprotocol.medium.com

Github https://github.com/HimegamiProtocol

Bounty: https://www.altcoinstalks.com/index.p...


b stands for bonds and bUKH functions as corporate bonds. The maximum number of issued sheets is 500,000,000 including sUKH. bUKH’ dividend is different from sUKH. Specifically, when you own more than 100 bUKH, 3% of the monthly interest will be distributed at KGR ( during staking ). You also can acquire the right to advertise in the wallet and become an advisor of predicting the market (sold at auction).In addition, there are other services such as: granting iznm tokens by staking, discounting commissions at the time of exchange depending on the amount of UKH held.

#bUKH #himegamiprotocol #cryptobukh #KGR #bUKHbounty #cryptocurrency #DeFi #bounty #token #aladdincenter #shinobiwallet

Author:

Forum Username:Harish211
Forum profile link:https://bitcointalk.org/index.php?action=profile;u=2885630
Participating campaigns:medium,content creation youtube and blog post.
Telegram Username:@Shorttrader21
Bukh address:0x575D0C747D3E49519F8b71C32f90Ea64af4DFe17

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