Introduction Karma Bond is a protocol owned liquidity-as-a-service, providing treasuries and bonds optimized to individual protocol needs, coming to the ICON blockchain. Why is Karma Bond needed? For decentralized finance (DeFi) protocols to operate effectively, it is essential to have large amounts of liquidity in token pairs, commonly known as liquidity pools, to allow users to…

December has been an eventful month for the team. We started off the month by submitting our proposal to ICON’s contribution proposal system (CPS) here. The proposal was also shared on the ICON community forum here. Our proposal saw a 100% approval rate by ICON’s Public Representatives on the 12th…