Kunji Finance

<p>We are LISTENING!</p><p>At Kunji Finance, community feedback holds immense value for us. We are continuously reshaping the landscape to make Kunji Finance an ideal platform for you. We launched our beta version on August 21, 2023, and made it live for our Phase I whitelisted users from our early adopter program.</p><p><img src="https://miro.medium.com/v2/resize:fit:1400/1*GVtqmydzyMwUGCdAHAwanw.png" /></p><p>Phase I beta access offered early access to the whitelisted users with a minimum investment of 50 USDC, granting $50 principal coverage and 110 KNJ tokens unlocked over a period of 12 months. Some of our early adopters have already successfully accessed the platform. However, we realized the community wants no minimum investment criteria on the platform. So, we did a poll on our Telegram and Discord community.</p><h2 id="header-0">Removing the Minimum Investment Barrier</h2><p>Based on the poll results and feedback from the community, we have decided to remove the minimum investment requirement entirely for the Phase I beta access. Effective immediately, the whitelisted users can start using the platform with any amount and test the strategy.</p><p>Please note that the amount and duration of the investment by the user is crucial and will decide the KNJ rewards and other benefits of the early adopter program. Let us dive in.</p><h2 id="header-1">What Changes with No Minimum Investment?</h2><p>With this change, we’re introducing a more inclusive approach to our KNJ token rewards. Now, with just a 1 USDC investment, you can earn 2 KNJ tokens, unlocked over a period of 12 months linearly. These tokens will be purely based on the amount invested each month, giving you the flexibility to choose your investment level and unlock rewards at your own pace. The user can earn a maximum of 110 KNJ tokens in this Phase, which includes a bonus of 10 KNJ tokens. A bonus in KNJ tokens will be rewarded to each user if they maintain their investment amount for 12 months. This bonus amount will be 10% of the total KNJ tokens earned in a period of 12 months by that user.</p><blockquote>With this, the principal cover benefit of $50 is no longer applicable as early adopter benefits. People who invested before this announcement will be eligible to receive a principal cover of $50 per previous announcement.</blockquote><p>Below is a summary of sample investments by the user for 12 months and rewards distribution for the same period. Please note that in this case, the user is maintaining the investment amount of 50 USDC throughout 12 months to earn a total of 110 KNJ. It will vary with users based on the amount and the time of investment.</p><p><img src="https://miro.medium.com/v2/resize:fit:1400/0*byDmoQPEyAkuS7SD" /></p><h2 id="header-2">Key Takeaways</h2><ul><li>No Minimum Investment: There is no minimum investment required to test the platform. You can get started with any amount.</li><li>Rewards: The ratio of USDC to KNJ tokens earned will be 1:2. A user can earn a maximum of 100 KNJ tokens with 10 KNJ as a bonus upon completion of 12 months.</li><li>Bonus: A user can earn a bonus of 10% of total KNJ tokens earned at the end of 12 months. They have to maintain the investment throughout this period to become eligible for bonus tokens.</li><li>Principal Cover: Principal cover of $50 will no longer be applicable after this announcement. However, people who invested before will still receive this benefit of $50 principal cover.</li><li>Participation: To participate in Phase I beta access, the whitelisted wallets have to invest within a month from the date of the launch, i.e., August 21, 2023.</li><li>Flexibility: The user can invest any amount at any point in time. The KNJ rewards will depend on the amount and duration of the investment by the user.</li></ul><p>To our Phase I beta users, you are the first ones using the platform. We want to make your experience smoother and full of rewards. For this, we have taken this step and removed the minimum investment barrier to become eligible for KNJ rewards. With these updates, we invite each and every one of you to explore Kunji Finance, invest according to your own preferences, and experience active portfolio management in DeFi for the first time.</p><p>This is just the beginning of our journey, and we’re thrilled to have you with us. You can visit <a href="https://beta.kunji.finance/" rel="noopener noreferrer nofollow">https://beta.kunji.finance/</a> to get started and earn rewards. Stay tuned with more updates on our Telegram and Discord channels!</p><h2 id="header-3">Terms and Conditions:</h2><p>Our interpretation of any terms and conditions will be final and binding. We strive to ensure fairness and accuracy in all our dealings, but in the event of any dispute or disagreement, our interpretation will be the deciding factor. We encourage all users to review and understand the<a href="https://www.kunji.finance/terms-and-condition" rel="noopener noreferrer nofollow"> terms and conditions</a> before engaging with our platform.</p>

Update: Beta Access Phase I

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Kunji Finance

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