Kassandra is launching on Avalanche Mainnet
We’re thrilled to announce that after months of hard work, Kassandra is going live on Jan 22th 2022 18:00 UTC.
What is Kassandra?
Kassandra is an audacious project to delegate money management in a decentralized, efficient, and customizable way, working as a marketplace for tokenized and data-driven investment strategies.
For managers, Kassandra is a plug-and-earn solution to port complex money management strategies to decentralized ecosystems, saving time and costs when compared to the traditional market, helping managers to raise funds without the need for complex infrastructure.
With Kassandra, retail investors will be able to delegate money management to professionals without hassle.
What will happen on Jan 22th?
The Distribution Phase of Penguin Finance is set to start on Jan 22th 2022 18:00 UTC, and from this point, people will be able to acquire KACY tokens and transfer them freely.
Synched to the start of the event, the Kassandra Team will be already deploying the initial liquidity for the KACY token on Pangolin, gathering approximately $100k worth of AVAX + 96.000 KACY.
The team will be also deploying the Farm & Stake page on Kassandra official website, where people will be able to stake their provided liquidity for rewards and also to stake and lock KACY for great rewards.
The Avalanche Social Index is next!
Next week, after a couple of retesting and planning, the Kassandra team will be deploying the Avalanche Social Index, the first data-driven tokenized investment fund to be issued by Kassandra.
The Avalanche Social Index is an ARC20 token that represents a fraction in an ever-changing and dynamic portfolio, which with the help of the social data company Heimdall constantly allocates money towards the most outstanding communities on the Avalanche ecosystem.