💻Understanding CLOUDK

CloudK is a core component of Homnifi’s DeFi360 ecosystem, designed to simplify decentralized finance (DeFi) by enabling users to receive minting rewards through license purchases, linking Tokens.

This page provides an overview of CloudK’s purpose, features, and how to access it within Homnifi.

What is CloudK?

CloudK empowers users to participate in the LYK token ecosystem by:

• Purchasing Licenses: Acquire licenses to link Minting Utility Tokens and get rewards in LYK-W (60%, withdrawable) and LYK-R (40%, rewards tokens).

• Linking Minting Utility Tokens: Lock Minting Utility Tokens for 12, 24, or Max periods to receive daily rewards, with longer periods offering higher returns.

• Connecting Hardware: Link Computer Devices or phones to licenses for a 10% reward boost, supporting decentralized minting.

• Tracking Activity: Monitor licenses, hardware, and transactions in real-time within Homnifi.

CloudK addresses key limitations in traditional DeFi platforms, such as blockchain compatibility, incomplete transaction histories, and fragmented operations, by offering a unified, scalable solution integrated with Homnifi.

Why CloudK in Homnifi?

• Seamless Integration: Operates within Homnifi’s DeFi360, ensuring a cohesive user experience.

• Enhanced Unlock: Unlock and claim your Minting Utility Token once the linking periods finishes.

• Transparency: Access detailed transaction histories and real-time reward updates.

• User-Friendly: Intuitive interface for managing licenses, hardware, and rewards.

Accessing CloudK

To get started:

1. Log in to your Homnifi account.

2. Navigate to the DeFi360 section in the left menu.

3. Select CloudK to access the CloudK homepage, where you can view licenses, hardware, rewards, and transactions.

Explore the other CloudK documentation pages to learn how to manage licenses, connect hardware, and maximize your rewards.

CloudK can be accessed by the user who had purchased the My CloudK (KMALL) license.