Kagla Finance

Kagla Finance is the largest native stable swap and Automated Market Maker (AMM) protocol on the Astar Network, designed to facilitate efficient and low-cost stablecoin trading within the ecosystem. By focusing on stablecoins, Kagla Finance enables users to swap assets with minimal slippage and a low trading fee of 0.04%, making it well-suited for liquidity providers and traders seeking stable asset exchanges. The protocol is integrated deeply with Astar Network, a multi-chain hub bridging Ethereum, Cosmos, and other chains, positioning Kagla as a key DeFi infrastructure component within this ecosystem.

Kagla Finance differentiates itself by planning to implement a vote-escrow (ve) governance model, allowing users to lock tokens to gain voting power and boost rewards up to 2.5x. This approach aligns incentives for long-term participation and decentralized governance. The protocol supports multiple pool types including base pools, metapools, and specialized pools like Starlay, enhancing composability and liquidity options. Its branding draws inspiration from Japanese culture, reflecting a focus on performance and community.

Developers and users can get started by accessing the Kagla app directly through its web interface, with comprehensive documentation available covering swap mechanics, staking, locking, and boosting features. The open GitHub repository provides transparency and access to the codebase. Kagla Finance currently holds a significant total value locked (TVL), underscoring its adoption within the Astar ecosystem. Its integration with native tokens like Starlay and Muuu further boosts its utility and ecosystem growth. Overall, Kagla Finance offers a specialized stable swap solution optimized for Astar Network users and DeFi developers looking for low-fee, low-slippage stablecoin swaps with governance participation.