KIRA is the first decentralized network that gives the market access to any digital asset. Built using Tendermint and Cosmos SDK, the network is also the first decentralized solution to secure and power DeFi apps with liquidity pledges. With its novel consensus, Multiple Collateralized Proof of Interest (MBPoS), KIRA aims to enable users to generate income by mortgating any cryptocurrency, stabocoin, digital fiat coin, or even NFT, while maintaining full liquidity through native-backed derivative quality bets.

KIRA's Inter-chain Exchange Protocol (IXP) will be the first DeFi application driven by pledged asset liquidity, enabling users to mortgage and trade assets simultaneously. KIRA aims to unlock the full potential of any digital asset by leveraging cross-chain protocols (such as IBC and XCMP) supported by Cosmos Network and Polkadot and allowing it to be applied simultaneously to multiple interconnected blockchains or DeFi applications.