The Kika Protocol is a money market smart contract that supports various HRC20 tokens. Users can deposit any HRC20 token into the contract and earn interest income from borrowers. To accommodate borrowing needs, users must deposit supported assets as collateral before taking out a Kika loan.
Holders of KIKA tokens will be able to participate in protocol governance through off-chain voting. Corporate governance votes can alter various parameters (collateral ratios, close factors, etc.).
The KIKA token serves as both a governance and utility token. In the early stages of the platform’s launch, KIKA will primarily be used for community governance voting within the Kika Protocol. Starting from the 29th day after the launch of liquidity mining, a certain percentage of KIKA tokens will be required as staked collateral to participate in mining.

Kika offers several advantages:
Widespread adoption of various HRC20 standard token assets.
Risk is isolated between different pools.
It enables the creation of short-margin positions on a wide range of tokens.
There is a fair distribution with no pre-mining.