Kalijo

Kalijo is a yield-backed, deflationary digital asset developed on the Zilliqa blockchain. It operates with a monthly buy-back mechanism, funded by yield generated through farming activities on multiple blockchain networks. Additionally, 50% of the yield is distributed to stakers, providing further incentives for participation.

This cross-chain approach enhances asset sustainability and yield opportunities beyond the Zilliqa ecosystem. Purpose: Kalijo is a project that features a deflationary cryptocurrency token called SEED, designed to create sustainable value for its holders by leveraging a unique economic model.

Function: Built on the Zilliqa blockchain, Kalijo functions as a tokenized investment fund that utilizes proceeds to invest in yield farming protocols across multiple blockchains, including Sui, Arbitrum, Solana, and Optimism. This strategic investment approach generates returns that are reinvested into the Zilliqa ecosystem by buying back and burning $SEED.

Utility: In addition to the yield generation process, Kalijo offers a staking mechanism where holders can earn additional SEED tokens and kUSD as rewards for participating in the network. The returns generated from yield farming are used to execute a systematic buyback of SEED tokens.