In this Kyoto Protocol Review, we take a look at this newly launched defi crypto project that boasts a high APY of 916,474% with auto-compounding. The project is impressive for many reasons. It is quite sophisticated on the back end, but for investors, it functions similarly to most other rebasing projects. You simply buy the token and hold it in your wallet, and the token automatically compounds in your wallet through its rebasing mechanism.
So what is the Kyoto Protocol crypto project? According to the whitepaper, it is the world’s first decentralized multilayer carbon credit finance protocol. Its technology improves the slow and outdated carbon credit industry by implementing trustless smart contracts, on a secure and transparent blockchain ledger.
The project is impressive for many reasons. The smart contracts are audited and the team is KYC’d by Certik, which is arguably the leader in the industry. The team is doxxed, and they are regularly engaged with the community. In fact, the Kyoto Protocol team conduct AMA’s on a daily basis on their social channels.
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🚀 Official Kyoto Protocol website: https://kyotoprotocol.io
🚀 Discord: http://discord.gg/mW7yC5ZRD4
🚀 Telegram: https://t.me/KyotoProtocol
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