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Klaytn pilots its proof of contribution program

Twitter icon  •  Published 2 years ago  •  Hassan Maishera

The Klaytn team announced the launch of its Proof of Contribution (PoC) program over the weekend.

The Klaytn team announced the launch of its Proof of Contribution (PoC) program over the weekend. In a Medium post, the team said this program is designed to boost the decentralized finance (DeFi) activity on its blockchain. The program is currently only available to DeFi projects on the Klaytn blockchain at the moment. 

Klaytn is a public blockchain developed by Ground X, the blockchain arm of Korea’s internet giant Kakao with 50 million users worldwide. KLAY is up by nearly 1% so far today and is currently trading at $1.28.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.