KlayFi is one of the largest DeFi services in the Klaytn ecosystem. It is inspired by innovative yield farming models such as PancakeBunny, Yearn Finance, Curve Finance, Convex Finance and Synthetix. However, the team redesigned these models and developed a progressive DeFi protocol, KlayFi, to introduce innovative yield farming within the Klaytn ecosystem.
KFI is the governance token of the KlayFi protocol, and users can claim it by staking LP tokens or staking in a single KFI pool. KlayFi proposes a sustainable model that leverages KLAYswap's governance model and token economy. In addition, KlayFi aims to integrate with many DeFi services such as DEX, Lending, etc. on Klaytn to foster the entire ecosystem.