What is RED KITE(PKF)?

Basic information about PKF

Coin name:

Red Kite

Coin symbol:

Coin introduction:

What Is PolkaFoundry (PKF)? PolkaFoundry is a platform for building DeFi dapps for the Polkadot ecosystem. It includes: A blockchain which is built on Substrate, is EVM-compatible, and supports several UX-enabling features for dApps. The blockchain will work as a Polkadot parachain or parathread. A bunch of DeFi-friendly services for dapp builders. These include both built-in services and integration with external ones. Who is behind PolkaFoundry? PolkaFoundry was founded back in 2018 by Thi Truong, who was then a key member of Kyber Network's core team. The PolkaFoundry team now consists of 20+ members located in several countries including Singapore, Vietnam, Japan, Canada, and India. Advisory board includes the DuckDAO leaders; Garlam Won who is behind the marketing of Harmony, Mantra DAO, Kylin; and Lester Lim - founder of X21 Digital. Who is backing PolkaFoundry? PolkaFoundry has completed a $1.9M Private Sale Round, backed by DuckDAO, Signum Capital, Master Ventures, AU21 Capital, BlockDream Fund, Magnus Capital, X21 Digital, Rarestone Capital, PNYX Ventrues, and several other renown ventures. What Makes PolkaFoundry Unique? Leveraging the interoperability and scalability of the Substrate framework and the growing ecosystem of Polkadot EVM compatible, strait-forward to migrate DeFi dapps from Ethereum Come with DeFi-friendly services Built-in UX-enabling features which allow developers to build frictionless-UX so that dapps can approach normal people outside the crypto community. This is the key point for blockchain to reach mass adoption. What is the Tokenomics of PolkaFoundry (PKF) Tokens? Token Name: PolkaFoundry Token Symbol: PKF Total Supply: 200,000,000 PKF token is an Ethereum's ERC-20 token. In the future, when PolkaFoundry blockchain launches the mainnet, PKF token holders can swap ERC-20 PKF token for native PKF coin at the rate of 1 for 1. Token Utility: Payment for transaction fees Staking for collators to earn share of block rewards Staking to participate in the on-chain governance process and earn rewards for voting on proposals Payment for PolkaFoundry & partners' services

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Current Price:

$0.002414More coin details

All-time high:

$2.91

All-time low:

$0.002005

PKF Supply Info and Tokenomics

Circulating supply:

154M

Total supply:

200M

Max supply:

200M

Market cap:

$372.290K

Fully diluted valuation:

$482.954K

What is the outlook and future value of PKF?

The current market cap of PKF is $372.290K, ranked 4879 in the market, showing that the market already recognizes the value of PKF. When a bull market arrives, the market cap of PKF may continue to grow.

Moreover, if PKF can play a greater role in real-world applications—such as if the Monero developers can fully empower PKF and establish partnerships with more business partners to expand its user base—then the long-term value of PKF will be further enhanced.

What is the price of PKF in 2027?

According to the historical price performance prediction model of PKF, the price of PKF is expected to reach $0.002535 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get PKF?

Purchasing PKF with cash is not the only way to obtain PKF. If you have enough time, you can get PKF for free.

Learn how to get Hot rewards for free with PKF.

Earn free PKF by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get PKF airdrops for free.

All crypto airdrops and rewards can be exchanged for PKF through LBank spot trading.

Buy PKF starting from $1

What is PKF used for and how to use it?

The use cases for PKF may grow with the development of the crypto market and project progress. Currently, you can use PKF to:

Arbitrage trading of PKF

PKF is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many PKF trading pairs to suit your needs.

Earn yield with PKF

You can also lend out PKF or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your PKF gains.

Send or pay with PKF

If you want to pay someone with PKF, you can easily and quickly send PKF to them using their receiving address.

You can also visit the official website of Red Kite to learn more use cases of PKF, such as whether the Red Kite project supports community/eco apps or buying physical or virtual goods with PKF.