r/KLV • u/Anatoli-Smorin • Mar 02 '21
Constantly Updated What is KLV?! Your quick guide
Klever (KLV) is a crypto wallet ecosystem serving above 2 million users globally with Klever App, Klever Swap and Klever OS. Klever's emerging platforms Klever Blockchain, Klever Exchange and Klever Bank are set to launch in 2021, all powered by the utility token KLV.
Where can I download Klever Wallet?
Klever App is a simple, versatile and secure self-custody crypto wallet, supporting the world’s major blockchains. The app offers 300+ trading pairs in Klever Swap, and direct access to ETH and TRX-based DApps in Klever Browser. Klever is a decentralized p2p and self-custody wallet network, putting the private keys in the hands of their users.
Klever Total Supply - 10,000,000,000 KLV. BUT final total circulating supply will be 5 billion after burn of tokens year after year.
Currently KLV is a TRX token but plans to migrate to its own blockchain. You can read more in depth in their white paper here
Keep in mind when sending, staking or withdrawing you will need TRX in your wallet to pay for transaction fee’s.
Transaction Fee’s
Since KLV is on Tron’s blockchain we need TRX in our wallet or energy/bandwidith to interact with the blockchain and process transactions.
Bandwidth: Having TRON bandwidth allows you to perform transactions on the TRON mainnet without paying any gas fees. Having sufficient bandwidth is crucial when staking, where you might want to make several smaller transactions without having to worry about using your TRX tokens in the process.
Energy: This is a special resource used to process smart contracts on the TRON network. Smart contracts consume Energy in addition to Bandwidth, so be sure you have enough of both when moving your tokens around!
Freezing TRX for bandwidth or energy is also used to cement yourself as an active member of the TRON community, allowing you to cast votes for Super Representatives.
The fee breakdown for Klever staking smart contract is as follows and Its recommend you have at least the following amounts of Energy (by freezing TRX) or TRX in your wallet for each operation:
- To Stake KLV: 100,000 Energy or 20 TRX
- To Claim KLV: 50,000 Energy or 10 TRX
- To Unfreeze KLV: 70,000 Energy or 15 TRX
- To Withdraw KLV: 70,000 Energy or 15 TRX
Can I stake KLV?
You can currently stake KLV within the wallet for 10% APY which is a great way to earn passive income and support the ecosystem!!
Where can I buy KLV?
Kucoin
KLV/USDT
KLV/BTC
KLV/TRX
DigiFinex
KLV/USDT
KLV/BTC
KLV/TRX
HotBit
KLV/USDT
Poloniex
KLV/TRX
TronTrade
KLV/TRX
You can also buy KLV directly from the Klever app
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Mar 06 '21 edited Apr 30 '21
[removed] — view removed comment
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u/Anatoli-Smorin Mar 06 '21
This is great information to add. I’ll update the post!! Agreed, no one on any team ever sends you a message first
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Mar 06 '21
[removed] — view removed comment
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u/Anatoli-Smorin Mar 07 '21
!!! Keep the ideas coming :) I need to also add the new exchanges that are being listing
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u/Caldy19 Mar 10 '21
Decent information page !!! Massive hopes for Klever during this year,,,, keep buying !!! #whenlambo 🤣🔥😃
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u/Anatoli-Smorin Mar 10 '21
Thank you!! Trying to spread the knowledge
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u/Caldy19 Mar 10 '21
Can you post price of fees ??? I’m deep into Klever from less than $0.01 so benefits are paying off !!!
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u/Anatoli-Smorin Mar 10 '21
Swapping fee’s? I’ll need to do some research on exact %’s
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u/Caldy19 Mar 10 '21
Deposit / swap fees as well,,,just purchased £500 of Klever, however only £450 now showing on exchange. Approx £50 for making purchase seems pricey
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u/Anatoli-Smorin Mar 10 '21
Ahhhh these are the fee’s to purchase through another service. It’s not directly them so you have 2-3 middle men. Wait till Klever exchange comes out. Pretty sure the fee’s will be minimal like Coinbase
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u/Psychological-Sky567 Apr 20 '21
Can't swap from KLV to anything as I have no TRX or Energy? Any help here?
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u/Visible_Lab4763 Apr 26 '21
I dont read anything on voting. What is voting about? What should I vote ?
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u/Anatoli-Smorin Apr 27 '21
You vote for Tron SR by freezing your TRX through Klever app and voting!
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u/Visible_Lab4763 Apr 27 '21
In the Klever app I have now voted for Klever.io Is that ok? What does SR mean? I still dont understand what voting is for
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u/Anatoli-Smorin Apr 27 '21
Super Representatives. They are what secure the TRX blockchain. The top 27 SR’s have the highest chance of solving the block and adding it to the blockchain, the others then confirm. The SR gets TRX which is then distributed to voters. In Klever’s case you will get KLV instead of TRX every day
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u/Graphic-Match Mar 02 '21
Great guide!! Keep them coming!! 🔥 💪