Rave Price

About the coin

Krav is a decentralized perpetual crypto quanto exchange, marking a significant innovation in the cryptocurrency trading landscape. It allows traders to leverage Bitcoin (BTC) trades using any altcoin as collateral, with the gains and losses settled in altcoins. This unique approach caters to a broad spectrum of trading strategies and provides liquidity providers (LPs) with opportunities to earn transaction fees.

Main features

Krav introduces several innovative features that set it apart from traditional exchanges. Traders can utilize altcoins to open long or short positions on Bitcoin, while LPs earn transaction fees each time traders modify their positions. The platform also supports strategic trading with limit orders, offering users enhanced control over their trading strategies. Additionally, Krav incorporates risk mitigation measures, such as a funding fee mechanism and forced liquidation, to protect users and maintain the liquidity pool's health.

How it works

Krav aims to bring volatility to altcoins by introducing the trading dynamics of Bitcoin and Ethereum into lower-volume altcoins. This approach increases the trading volume and utility of altcoins, allowing token holders to actively engage with their assets. By using altcoins as collateral for leveraged trades on BTC and ETH, Krav creates a dynamic market space for previously underutilized altcoins. The platform also plans to introduce real-world assets (RWAs) as trading pairs and expand multi-chain support, further enhancing its offerings.

Krav's token, $KRAV, can be used for staking, providing rewards such as Escrowed KRAV, Multiplier Points, and KRAV Rewards. 30% of the fees generated from swaps and leverage trading are converted to $KRAV and distributed to staked tokens, ensuring an equal opportunity playing field for all community participants.