What is SORA Chameleon
The KARMA token provides farming rewards to liquidity providers in the XOR-ETH pool on Polkaswap.
By participating in liquidity provision for this pool, users are rewarded with KARMA, encouraging more liquidity in the Chameleon pools.
KARMA also has a deflationary mechanism. During the initial mint, which ended on June 6th, 1 KARMA token was minted for every 10 million XOR burned.
After this initial minting, the KARMA token becomes deflationary, with 1% of minted KXOR used to buy back and burn KARMA tokens.
SORA Chameleon vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, KARMA would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of KARMA might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including KARMA.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
