Ignite Finance

First deflationary DeFi 3.0 on Klaytn

## Overview Ignite Finance is a DeFi protocol built on the Klaytn blockchain that combines collateralized debt position (CDP) mechanics with stablecoin issuance and deflationary tokenomics. The project positions itself as a third-generation DeFi primitive, integrating mechanisms designed to create ongoing token value compression through burn mechanics. Rather than relying solely on traditional incentive structures, Ignite Finance attempts to align long-term holder interests with protocol sustainability by embedding deflationary characteristics into its core economic model. The protocol operate