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Author Topic: [ANN] KulaSwap is open — DEX · CDP · veKULA · bridge on PRANA (EVM PoW)  (Read 26 times)
VanKushFamily.com (OP)
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August 31, 2026, 06:52:23 PM
 #1


              KulaSwap is open
              The full DeFi stack — DEX, CDP borrowing, vote-escrow staking, and a cross-chain bridge — live on PRANA, an EVM Proof-of-Work compute chain. First-party, open source, fair launch. This post is the complete how-to.



              [/hr]

              ▚ First: get onto PRANA
              KulaSwap runs on PRANA, our EVM Proof-of-Work compute chain (the chain is the pool — hashing and useful AI-work share one reward). Any EVM wallet works:
              [list=1]
              ▚ How to SWAP
              [list=1]
              • Open the Swap tab on kula.money.
              • Pick the token you pay and the one you want.
              • Enter an amount — rate + price impact show.
              • Swap → approve the token if asked → confirm in your wallet. Non-custodial; you sign every step.
              ▚ How to PROVIDE LIQUIDITY (earn KULA)
              [list=1]
              • Open the Pool tab, pick a pair (e.g. KULA / WPRANA), deposit equal value on both sides.
              • Approve + confirm — you get LP tokens.
              • Stake them in the matching Farm / gauge to earn KULA (and MWALI once its emissions are on).
              ▚ How to BORROW (CDP → mMELEK)
              [list=1]
              • Open Borrow, deposit KULA as collateral.
              • Borrow mMELEK against it — an over-collateralized debt note, not a pegged stablecoin. Stay under the max so a price move can't liquidate you.
              • Repay any time to unlock your KULA.

              ▚ How to STAKE (veKULA)
              [list=1]
              • Open Stake, choose how much KULA to lock and for how long (up to 4 years — longer = more weight).
              • Confirm → you get veKULA: vote gauge weights (where KULA emissions flow) and boost your own LP rewards. Weight decays toward the unlock.
              ▚ How to BRIDGE VKBT / CURE from Hive-Engine
              [list=1]
              • On Hive-Engine, send your VKBT or CURE to @kula-bridge.
              • Put your PRANA 0x… address in the memo.
              • The bridge confirms the lock and mints you wVKBT / wCURE on PRANA, 1:1. To exit, burn the wrapped token and the original is released.

              [/hr]

              ▚ THE TOKENS — what each is, how to get, how to use
              • KULA — the DeFi/reward token (ERC-20, emission-only, cap 11M). Get: provide liquidity (gauges pay LPs in KULA) or swap for it. Use: CDP collateral to borrow mMELEK, liquidity, or lock for veKULA. (the vaporwave island — the Kula Ring's trade voyage.)
              • MWALI — the Proof-of-Liquidity token, minted to liquidity suppliers. Where KULA is the reward flowing out, MWALI is the liquidity claim flowing the other way — the two circle like the armbands + necklaces of the Trobriand Kula Ring. (Design; emissions are being switched on — it is NOT paying yet, and we won't pretend it is. The white mwali shell.)
              • APIS — the MELEK-Engine's fee/utility coin (the engine is our Hive-Engine, so APIS is our BEE). Get: lock wMELEK and mine APIS over time. Use: pay engine fees — it's burned in use, the annual sacrifice of the god Apis, the sacred bull.
              • VKBT — the Van Kush Beauty Token from Hive-Engine (the coat of arms). Get here: bridge it → wVKBT, 1:1. Use: trade + LP on kula.money.
              • CURE — the Curator Rewards Token (the caduceus): the more you hold, the more your curation returns. Get here: bridge it → wCURE, 1:1.

              [/hr]

              ▚ Where to trade
              Live pairs on https://kula.money: wVKBT / KULA · wCURE / KULA · wVKBT / wCURE · KULA / WPRANA. APIS + MWALI pairs are being added.

              ▚ Build on PRANA
              Standard EVM — MetaMask, ethers/viem, Hardhat, Foundry all work. Deploy contracts, make your own token, read every deployed address + ABI at https://witness.melek.salon/dev.

              ▚ Open source


              [/hr]

              Disclaimer: KULA, MWALI, APIS, MELEK and PRANA are fair-launch community projects — no premine, no presale, no team/ICO allocation. Nothing here is a solicitation to invest or financial advice; markets are new, thin, and volatile. mMELEK is an over-collateralized debt note, not a pegged stablecoin. MWALI is not yet emitting. Verify everything on-chain and in the open-source repos.
              Thread updated as features go live — reply with questions and we'll answer.
              VanKushFamily.com (OP)
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              August 31, 2026, 07:08:51 PM
               #2

              Here is the PRANA Thread:
              https://bitcointalk.org/index.php?topic=5592761.0
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