2023 was a big year for Kinza Finance. We powered through the Binance Labs Accelerator program (Season 6), were selected for a Binance Labs direct investment, successfully launched our Mainnet, and have grown beyond $18 Million in TVL in the last few months. With so much incredible growth behind us, and with 2023 coming to a close, it’s time to look to the future and share some of our development plans for the coming year.
In Q4, 2023, we have launched our Kinza Airdrop Points System, Referral System, launched as the first DeFi lending protocol on opBNB chain, and are currently securing our Strategic Fundraising round. The Kinza Airdrop Points System gives users the ability to see their Kinza Airdrop points grow in real-time as they deposit and hold liquidity on the Kinza Finance mainnet. The Referral System allows users to boost their potential Airdrop allocation by referring more users, and benefit from a 10% bonus on their referred user eligible Airdrop. These features are built in anticipation for our massive upcoming event, the Kinza Finance KZA Token Generation Event, and Airdrop.
The secret is out! Kinza Finance native token KZA launch and airdrop is coming in Q1, 2024. As stated in our Tokenomics documentation, up to 5% of our total supply will be distributed as an airdrop at TGE. The majority of this airdrop is distributed to our early supporters who have held deposits on Kinza Finance, split according to the Airdrop Points system. Once the airdrop occurs, our first users will have $KZA, the power to stake for xKZA, and can prepare for governance and voting in the initial emissions epoch. With the vote escrow system in motion, we will begin to prepare for the directed emissions, bribes, and the start of the Kinza War.