KaiaSwap EARNS RMA™ BADGE

Road Town, British Virgin Islands, July 25th, 2024: KaiaSwap has been issued with its first RMA™ badge from VaaSBlock, which provides the organization with additional credibility after meeting the required standards in all six audited areas. This is the first RMA™ badge that will be issued on Klaytn as part of a new collaboration between VaaSBlock and the foundation. This was a thorough audit covering areas other certifications avoid, including crisis planning, team capabilities, and organization security policies.

KaiaSwap and their parent organization iZUMi receiving an RMA™ badge, is also notable as the first DeFi project to do so. Proving that even quality DeFi projects are capable of passing the VaaSBlock audit, which was described by their team as highly detailed.

KaiaSwap joins a small group of the best organizations in the Web 3.0 space, verified as a service by VaaSBlock. A project holding an RMA™ badge strongly indicates that the team is sincere and capable of delivering their product or service.

iZUMi has built a strong reputation in DeFi, building a number of dex’s with different chains in the past. VaaSBlock is excited to count their latest project KaiaSwap amongst the growing number of organizations with an RMA™ badge. The team is a vital component for a successful VaaSBlock audit and we are delighted to report they pass this category with a very high score. Their track record for building and running other DEX’s is an excellent demonstration of their ability.

As a result of reaching the required score, KaiaSwap can proudly display their verifiable RMA™ badge wherever they see fit, including on social media, their websites, and pitch decks, to enhance their credibility further.

On awarding the RMA™, Ben Rogers, Co-Founder and CEO of VasSBlock, said, “KaiaSwap is the first time we have awarded an RMA™badge to a DeFi project. The KaiaSwap and, more broadly, the iZUMi Team worked hard to achieve this milestone. I hope we continue to work closely together to grow our projects. In addition, this is additionally exciting as this will be the first time we release an RMA™ on Klaytn as part of our collaboration with the chain’s foundation. Keep building.”

Jimmy Yin, CEO of KaiaSwap said “We are pleased to announce our successful collaboration with VaaSBlock to receive an  RMA™ Badge, resulting in the completion of their rigorous rating process. This recognition not only highlights our past achievements in DEX operations but also paves the way for future growth and development. We believe this endorsement will significantly enhance user trust in our DEX.”

The verifiable NFT can be confirmed here and issued at 27072024.

About VaaSBlock

VaaSBlock was founded in early 2024 by three founders with a rich background in the web 3.0 industry. The founders identified the need for a system to differentiate quality organizations from the less legitimate. The solution is to audit organizations across six areas and award eligible organizations an NFT-Verified RMA™ badge. Projects with the badge stand out from their peer organizations, which have yet to complete an audit and verify their legitimacy. Website | LinkedIn | X | Threads. 

About KaiaSwap

KaiaSwap is a leading CLAMM DEX and Omni-IDO platform, powered by Klaytn Foundation and iZUMi Finance. KaiaSwap aims to bring excellent capital efficiency and user experience to the Kaia ecosystem through our advanced DL-AMM model. Website | | X .