USDT/KMC Token Swap is released now!
The KOMA CHAIN technical team has released USDT/KMC token swap, Please contact online customer service for more details!
Latest announcement from KOMA Foundation
1. The World Peace Foundation (WPF) plans to issue 10 billion SDR stable coins on the KOMA Chain and has made an initial transfer of $ 3.333 billion to the KOMA Foundation on 23 January 2024, and issued an equivalent amount on the KOMA Chain for approximately 2,510,895,552 pieces of SDR, and put the 2,510,895,552 SDR stable coins to trade as 3.03 billion KMC coins at the price of 1.1 US dollars per coin on the main network equity of the KOMA Chain , and pledge the KMC coins as KMC equity. Guarantee that the pledge period of this KMC will not be less than 5 years.
2. The SDR stablecoin pegs its exchange rate to the real-time exchange rate on the IMF official website.
3. The Koma Foundation has launched a global initial public offering of 100 million KMCs at a price of $1.1 per coin. Contact us for more information.
What is the SDR?
The SDR is an international reserve asset created by the IMF to supplement the official reserves of its member countries. The SDR is not a currency. It is a potential claim on the freely usable currencies of IMF members. As such, SDRs can provide a country with liquidity.
See More...What is WPF?
The World Peace Foundation or WPF, created in 1910, is a philanthropic foundation for research into peace processes affiliated with The Fletcher School of Law and Diplomacy at Tufts University.Alex de Waal is the director as of 2021, having become director in 2011. The WPF founded the journal International Organization, which is the leading journal in the field of International Relations.
See More...Stablecoin
Stablecoins are a type of cryptocurrency designed to be pegged to a reference asset such as fiat currency, commodities, or other cryptocurrencies to maintain stability. The purpose of stablecoins is to avoid the common value fluctuations in the digital asset market, making them more suitable for transactions and preserving value. However, stablecoin issuers typically need sufficient reserves to support their stable value, which not all stablecoins actually achieve. There are different types of stablecoins, including reserve-backed, fiat-backed, commodity-backed, and cryptocurrency-backed.
See More...The International Monetary Fund (IMF)
The IMF focuses on global macroeconomic and financial stability, providing policy advice and short-term loans. The World Bank concentrates on long-term economic development and poverty reduction, offering technical and financial support for projects like education and healthcare. Both institutions collaborate on areas such as assessing financial stability, addressing climate change, and supporting the Sustainable Development Goals.
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