Kagla Finance

KGL

Kagla Finance is the leading AMM (Automated Market Maker) and StableSwap protocol on Astar Network with a low trading fee (0.04%). “StableSwap" is a DEX that focuses on stablecoins. By focusing on stablecoins, you can swap with low slippage and fee. Not just achieving a low slippage, Kagla Finance will adopt “vote-escrow(ve)” in the near future to step towards decentralized governance. The "ve" can be acquired and enables you to get voting power to maximize your reward up to x2.5 by depositing your asset. As a side note, Japanese “Kagla” means performance to offer to the Gods in Shinto rituals. Kagla Finance’s logo is based on one of the famous ancient Japanese family crests called “Mitsudomoe”.