What is Kimchi.Finance?
Kimchi.Finance is another yield farming protocol following path of SushiSwap. Kimchi is fork version of Sushi and Yuno that aim to become next DeFi farming Token in future. Kimchi claimed that it will work better with Sushi. It also following similar kind of design as Sushi’s MasterChef. Kimchi Support different multiple DEX with multi asset support for farming and trade where APY i.e. interest rate will be display perfectly on platform.
In recent news Uniswap declined relation with SushiSwap and it already cross $1 Billion worth volume in less than a week. Kimchi will not support functional time lock contract as per user reported on twitter. In recent tweet Kimchi benchmark timelock function and it will be timelocked into infinite loop. Kimchi will not have governance and KIMCHI will be official utility token of platform. in farming user will earn Kimchi Token.
Kimchi Finance another DeFi (Decentralized Finance) Project that run on Ethereum blockchain. Kimchi also having multi token support where currently band, Chainlink is listed for farming.
Kimchi Price Prediction
|Month & Year||KIMCHI Price Prediction|
|All-time high||$12.30 USD|
Kimchi Price Analysis
In last 24 hours Kimchi traded $74 million worth volume with currently it is listed on UniSwap V2 Platform. as of writing it Kimchi worth $6.01 and dropped almost by half comparing all time highest from $12.30 USD. unlike Sushi this Kimchi may follow bullish trend in coming week, as of today market it down. Kimchi token confirmed it non governance nature that means there will be no voting on the ecosystem.
How Much Kimchi Worth in 2030?
Probably worth more than $100
is Kimchi a Good Investment?
No, they just flip SushiSwap and not even try to cut down Gas Fees following SushiSwap
The race is continuing that battle for more APY, lower gas fees, maximum rewards, more token support and more. Uniswap finally getting tough competition from new entrant in DeFi Project DEX. Yield Farming started with Compound and now trend is shifting towards trade and farm. On official portal Kimchi confirm about being fork of Yuno and Sushi that already gained huge volume. so, similarly Kimchi may be future the of DeFi.