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Kalata is on the decline this week.

The price of Kalata has fallen by 2.96% in the past 7 days. The price increased by 6.21% in the last 24 hours. In just the past hour, the price shrunk by 0.00%. The current price is $0.000098 per KALA. Kalata is 99.99% below the all time high of $0.94.

The current circulating supply is 0 KALA.


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What Is Kalata (KALA)?

Kalata is a derivative lending and trading platform for decentralized synthetic assets. A derivative is an asset that derives its value or worth from an underlying asset. A synthetic asset is a tokenized form of another asset. In other words, a synthetic asset is a derivative form of another asset that mimics the value of that asset. A synthetic asset is also referred to as synth. According to the project’s whitepaper, Kalata is the backbone of issuing synthetic assets and transaction agreements. The project seeks to provide a smooth experience to its users of real-world financial assets.

According to the whitepaper, traditional finance has the disadvantages of being subject to geographical barriers, higher transaction costs, and liquidity restrictions, and as a result, may provide an opportunity for expansion of the decentralized finance (Defi) market.

Synthetic assets seek to provide a significant market for cryptocurrencies and may be easily accepted by users who have some traditional financial knowledge. The Kalata project converts such financial products into digital assets. In this way, a user gains equity over an asset without obtaining it. The synthetic asset allows a user to yield the benefit of changing the value of such asset without holding that asset. Moreover, according to the website, the Katala project has reduced the geographical barriers and reliance on intermediaries. And by increasing the efficiency of the transaction, it aims to improve the asset’s liquidity, which ultimately increases the investor base.

KALA is the native cryptocurrency of the Kalata project. The token is made to promote the governance mechanism and simulate the Katala platform activity. The project works on Binance Smart Chain. Users can mortgage KALA tokens and may earn a reward from the fees earned from such mortgaging. Users may also earn KALA tokens that mint and provide liquidity to the project. Also, users can initiate a proposal by paying KALA. Only those users who pledge KALA can participate in the project.

History of Kalata (KALA)

The early research of the project started in the fourth quarter of 2020. The whitepaper of the project and the website were launched in the first quarter of 2021. The total supply of KALA tokens is two hundred million coins.

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What is the current price of Kalata?

We update our Kalata to USD currency in real-time. Get the live price of Kalata on Coinbase.

What is the market cap of Kalata?

The current market cap of Kalata is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Kalata?

The all-time high of Kalata is $0.94. This all-time high is highest price paid for Kalata since it was launched.

What is the 24 hour trading volume of Kalata?

Over the last 24 hours, the trading volume of Kalata is $405.33.

What other assets are similar to Kalata?

Assets that have a similar market cap to Kalata include Ardana, Good Driver Reward Token, WebDollar, and many others. To see a full list, see our comparable market cap assets.

How many Kalata are there?

The current circulating supply of Kalata is 0.

Can I buy Kalata on Coinbase?

No, Kalata is not currently available on Coinbase, but you can sign up to get the latest news on Kalata and be notified when it gets added to our exchange.