The Data Infrastructure for DeFi and Web 3.0 Powered by Polkadot
KYL Official ERC-20 Contract is 0x67B6D479c7bB412C54e03dCA8E1Bc6740ce6b99C
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KYL Official ERC-20 Contract is 0x67B6D479c7bB412C54e03dCA8E1Bc6740ce6b99C
The Data Infrastructure for DeFi and Web 3.0 Powered by Polkadot
Technical
ArchitectureKylin Network offers any applications and blockchains (such as parachains and parathreads) instantaneous but reliable and valid on/off-chain market data and social data sources by leveraging the power of Polkadot/Substrate Framework on open networks.
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Kylin Oracle is an advanced decentralized data feeding protocol powered by Polkadot/Substrate offering multiple, real-time data sources with the complementarity and synergy to off-chain workers.
Data consumers may represent smart contracts, APIs, blockchains, protocols, applications or any data repository.
Data Warehouse in Kylin Protocol is a decentralised on-chain repository of integrated data from one or more disparate data sources such as Oracle Nodes and the Arbitration Nodes.
Oracle Node handles all the data requests such as social data and market data from separate off-chain data sources, and signing the transactions of the Kylin parachain.
Arbitration Node guarantees the security and accuracy of external data by verifying the data integrity and the validity that Oracle Node provided.
The bottom layer of Kylin Oracle is mainly built on a specialized blockchain network established by Substrate.
Economics
The Kylin Network Mainnet token KYL is necessary to secure and power the decentralized data network. The use-cases and utility of KYL include but not limited to:
All miners are required to stake KYL with a higher stake equating in a high probability of being selected to fulfill data requests.
KYL tokens will be used to pay as a transaction, query fee, and also for data access behind paywall (private APIs).
KYL Token holders are able to vote for the protocol upgrades and parameter changes on Kylin Network.
Scenarios
Through the Kylin Network to obtain timely and reliable events outside the insured chain, blockchain-based decentralized insurance can realize automatic payment of insurance such as flight delay insurance.
Stablecoins and encrypted derivatives need to frequently obtain off-chain real-time price data. Kylin Network can obtain reliable data in multiple scenarios in real time and efficiently.
Kylin Network can provide real-time and reliable currency prices and borrower’s social media information, providing strong support for the dynamic determination of loan interest rates.
The lightweight Kylin Network interface that can be deployed on multiple chains provides the possibility for decentralized exchanges to realize cross-chain atomic transactions.
On-chain decentralized casinos and games often require safe and reliable random injection. Kylin Network random number engine provides unpredictable and verifiable random number generation.
Commercial computing such as machine learning training models and 3D rendering needs to complete a variety of complex computing tasks. The off-chain computing market provides verifiable and unlimited off-chain computing capabilities.
The 21-person team and advisor consist of technical, marketing and financial talent coming out of top blockchain projects, schools and employers including Columbia University, Wharton, John Hopkins, Beam, TomoChain, JP Morgan and Credit Suisse.
Project Lead
Dylan is a longtime crypto enthusiast (2011). In 2017 he co-founded Harbour DAO, which became an open-standard set of tools for building governance structures and voting mechanisms on ERC-20. Later, as Chief Evangelist of Beam and Head of Growth for AdEx, he was a key part of their GTM and general growth strategies. Dylan is a respected peer among many different projects and areas of business.
Strategy Advisor
Kyn did dual degrees in Industrial Engineering and Economics at GIT and a few years later earned an MBA at Wharton. Kyn has been a keen observer and participant in the blockchain world since 2014 and was an early investor in TomoChain, later joining as their Chief Business Development Officer, where he currently manages all Business development strategy and implementation.
Marketing Advisor&Investor
Garlam was behind the marketing of some of the most successful projects including Harmony, Sandbox, MANTRADAO, KAVA, apy finance and others. As an ex-investment banker at JP Morgan & ex-Management consultant at Deloitte, Garlam exerts influence in various parts of the blockchain ecosystem through his in-depth connections with the communities in China, Korea, Canada and US.
Advisor
Prolific supporter of a wide array of crypto projects, more recently, projects like DIA, Tellor and Orion Protocol.
Longtime business builder and founder, with an extremely strong core skill set of rapidly building up dev teams from scratch.
CEO of exnt.io
Advisor
Beni Issembert is former Beam Privacy CMO, and currently works as Concordium CMO (a Proof-of-stake for businesses backed by IKEA, Volvo and Geely). He has a PHD in Philosophy of Sciences from John Hopkins and has been working in the digital world as an entrepreneur since 2005. Beni is a published author and respected thought leader in Blockchain, specifically within areas of privacy and identity.
Advisor
Ben has developed a strong global finance experience from nearly a decade of international assignments across 4 continents, and boasts a broad & diverse finance background before joining the blockchain space full-time in 2017. Now, working primarily with early-stage startups, Ben has been an integral part of teams that have raised over $15M in funding.
Copyright: 2021 The Kylin Project. All Rights Reserved
All the information on this website or other official channels is published for information purposes only and is only intended for institutional investors and sophisticated individual investors. Any services to be provided in the future will be subject to the terms of the legal agreements relating thereto. Nothing on this Site should be interpreted as the investment endorsement by Kylin Network or any other person. Kylin Network and its related services are not provided to any individual from the United States. Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot.
