💼General

Ventures

A decentralized non-custodial liquidity market that offers venture capital services. Users can participate as investors or borrowers. Investors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized or undercollateralized fashion.

What is the cost of interacting with Ventures? To interact with the ukiyo Protocol, users must perform transactions that incur fees for Ethereum Blockchain usage. The fees depend on the network status and transaction complexity.

Invested funds are stored in a smart contract, with the code of the contract being public, open source, formally verified, and audited by third-party auditors. Funds can be withdrawn from the pool on-demand, or users can export a tokenized version of their investment position. Tokenized positions can be moved and traded like any other cryptographic asset on Ethereum.

Address Screening

Why is my wallet blocked? Third-party services provide us with blockchain intelligence by combining on-chain data with real-world investigations to identify financial crime and other prohibited activities. Wallets associated with certain legally prohibited conduct are blocked from accessing Ukiyo Protocol based on this data.

If you believe that your address has been incorrectly flagged and blocked, please contact our support team.

What information is shared with third-party services? While your address is shared with third-party services, no metadata is tracked or shared. The request from the UI is sent through our hosted API, which acts as a proxy endpoint. Your address is then passed directly to the service, without sharing your IP address.

Is there any risk? Although no platform can be entirely risk-free, ukiyo Labs has taken every possible step to minimize risk as much as possible. The two primary risks associated with the protocol are the smart contract risk (the risk of a bug within the protocol code) and investment risk (the risk associated with the investment liquidation process). The protocol code is public, open source, and has undergone auditing to minimize these risks. Additionally, there is an ongoing bug bounty campaign in place.

For further information on risks and security, please refer to the risk framework and security and audits sections.

KXO Token The $KXO token is the central governing element of ukiyo Protocol. It is used for voting and deciding the outcome of ukiyo Protocol Improvement Proposals (UIPs). Additionally, $KXO can be staked within the protocol to provide security and insurance to the protocol and investors, with stakers earning staking rewards and fees from the protocol.

For more information on the tokenomics and governance of Ukiyo Protocol, please refer to the whitepaper and full documentation. You can also join the governance forum or Discord channel to participate in the discussion.