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What are the functionalities and use cases of the Komodo coin?

What are the functionalities and use cases of the Komodo coin?

We work to create a situation where KMD is the most versatile coin in our ecosystem. With each technology we make, we seek to tie its usefulness to the power of the KMD coin.

  • It is the method of payment for our Komodo security services, endowing creators with Bitcoin-level security
  • It will be the fuel for our upcoming Komodo Smart Contract API enhancements
  • It is the method of endowing privacy on any coin connected to our decentralized exchange
  • Holding at least 10 KMD in a wallet automatically generates interest at 5% APR

Those are but a few examples of KMD’s usefulness. There are several more existing use cases, which users may discover by exploring the Komodo ecosystem.