Background and Motivation

As blockchain technology continues to evolve and gain more traction, decentralized finance (DeFi) is emerging as a significant innovative direction in the global financial sector. DeFi eliminates the intermediary roles of traditional centralized financial institutions, enabling the free movement of assets and the automatic execution of smart contracts, thus providing more open, transparent, and efficient financial services. However, the current DeFi market still faces challenges such as security, user experience, and financial inclusivity.

In this context, KISS Finance was created. We are acutely aware of the enormous potential and development opportunities in the DeFi market, as well as the various challenges it faces. Therefore, we are dedicated to creating a simple, secure, and efficient DeFi protocol through technological innovation and protocol design, providing better financial services and experiences to users.

The motivations behind KISS Finance include:

• Enhancing DeFi security: Current DeFi markets are plagued by smart contract vulnerabilities and security risks, posing potential threats to user assets. We aim to improve the security of DeFi protocols through rigorous smart contract security audits and technological innovations, ensuring the safety of user assets.

• Improving user experience: Many existing DeFi platforms suffer from poor user experiences, characterized by slow transaction speeds, high transaction fees, and complex operations. We aim to simplify operational processes, by optimizing transaction performance, and reduce transaction costs to improve user experience and make DeFi more accessible and convenient.

• Promoting financial inclusivity: Traditional financial systems have many barriers and restrictions, preventing many from accessing quality financial services. We aim to break down geographical and identity barriers through DeFi technology, enabling more people to easily access and use financial services, thus promoting the realization of financial inclusivity.

• Driving the development of the DeFi ecosystem: We believe that the development of DeFi depends on a healthy, thriving ecosystem. Thus, we aim to work closely with the Base blockchain and other DeFi projects to promote the growth and strengthening of the DeFi ecosystem, providing more support and services to global users.

In summary, the background and motivations of KISS Finance reflect our deep understanding of the DeFi industry and our confidence in its future. We will tirelessly strive to provide better financial services and experiences to users and promote the healthy development of the DeFi industry.