Recently, Chiliz, the sports blockchain, has teamed up with KAYEN Protocol to give its users the access to cutting edge DeFi features like bridge, wrap, swap and liquidity provision.

We’re excited to announce that @KAYEN_Protocol has officially launched on Chiliz Chain!KAYEN Protocol is a community-driven DEX designed specifically for Chiliz Chain, offering users the ability to bridge, swap, wrap, and provide liquidity all in one place. #ChilizChain … pic.twitter.com/LXFgRuO8je

— Chiliz – The Sports Blockchain (@Chiliz) August 13, 2024

Chiliz (CHZ) is a sports blockchain platform allowing sports fans unique experiences with their favorite teams through crypto and NFTs. 

Inspired by the socios of Spanish soccer teams, where an annual subscription grants fans access to early ticket and club voting rights, Chiliz leverages blockchain technology to enable a new kind of direct engagement between fans and their favorite sports teams.

Fans can purchase the Fan Tokens of their favorite teams using the CHZ token, the native cryptocurrency of the Chiliz. 

KAYEN Protocol is a community-driven DeFi ecosystem built on Chiliz Chain. Starting from the cornerstone product, KayenSwap—the Chiliz-native DEX. KAYEN is dedicated to the continuous development of its ecosystem with additional features such as Launchpad and RWA NFT Marketplace.

KAYEN is designed for high efficiency and customization. To Chiliz, it will provide an infrastructure that enables builders and users to access deep, sustainable, and adaptable liquidity solutions. 

In addition, it will enrich Chiliz ecosystem with one-of-kind DeFi experience, bridging time-tested infrastructures to innovative features to be highly customizable and build sustainable liquidity.

Next, it will become the primary facilitator for protocol launches on Chiliz Chain, providing the tools that enable them to launch, bootstrap liquidity, and sustain their growth.