KIRA is a decentralized network, secured by both cryptocurrencies and real world assets at stake, thanks to its proprietary Multi-Bonded-Proof-of-Stake (MBPoS) consensus mechanism. Positioned within the Interchain and Web3 ecosystems KIRA makes it safer and easier to gain access to decentralized financial applications and unlock full economical potential of your capital to generate yield.
1. As Layer 1 network KIRA enables hosting and scaling of DeFi applications through dedicated parachains secured and operated by the validators of the KIRA relay chain called KIRA Hub.
