> For the complete documentation index, see [llms.txt](https://coinversationprotocol.gitbook.io/kaco-doc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://coinversationprotocol.gitbook.io/kaco-doc/help/general-faq.md).

# General FAQ

## **What is KACO?**

KACO is a DeFi ecosystem on the Binance smart ecosystem. Our main product is a decentralized exchange that allows users to **exchange** and **link** assets efficiently at the most favorable price.Liquidity providers **earn transaction fees** by providing funds to the basic liquidity pool. At the same time, the combined LP tokens can be pledged to the farm to earn $KAC tokens as an additional reward.

## **How can I participate in Farm?**

You can first find the corresponding pool on the "Farm" page and create the corresponding LP token.After creating the LP token, you can select the pool you can add on the "Farm" page, approve the contract, click the "+" sign, select the number of LPs you want to pledge, and confirm.

{% content-ref url="/pages/-Mgo\_mVm5tDCoBBJO0TT" %}
[How to Use Farms (BSC)](/kaco-doc/product/kaco-finance/how-to-use-farms.md)
{% endcontent-ref %}

## **How can I connect my wallet with KACO?**

To successfully connect to your wallet, you need to click the "Connect Wallet" button in the upper right corner of the page. After that, find the wallet you want to connect to KACO, click "Connect"-approve the connection, and you can start using our functions.

## **Why my transaction failed?**

You can check the reason for the transaction failure on <https://bscscan.com/>.If you encounter a problem, our troubleshooting guide may provide you with a solution.

## **When will more liquidity pools be opened?**

Before launching the new liquidity pool, we will announce the telegram group as soon as possible. Follow our social media platform to get the latest project information consultation&#x20;

{% content-ref url="/pages/-MgnehLwDHoFmXj-uGNs" %}
[Contact](/kaco-doc/contact.md)
{% endcontent-ref %}

## **How can I get Airdrop?**

Whenever KACO has an official airdrop, we will announce it in the first time.Remember, anyone can airdrop tokens to KACO users, because every transaction will be public on the chain. When it comes to unofficial airdrops, please investigate for yourself.

## **What is the difference between APR and APY?**

APR (annual interest rate) is the annual interest minus fees. If you invest $100 at an annual interest rate of 100%, you will get a profit of $100 in one year. This does not include the compounding effect of reinvested profits.However, if you reinvest your profits regularly, you will increase your interest. This calculates your APY (annual rate of return) after a year of calculation. The higher the frequency of compound interest, the more significant the difference between APR and APY.

## **How does APY work?**

APY is the percentage of an annual rate of return provided by a particular investment. This takes into account compound interest, allowing you to understand the return compared to simple interest accurately.By providing investments with a daily rate of return of 1% or higher, large APYs of thousands of percentages can be achieved. As your liquidity pool rewards are constantly being cultivated and reinvested, the interest will increase.

## **Why is it prompted that I do not have a KAC balance?**

Your wallet is probably not successfully connected to the chain.

## **What is the hard cap of $KAC**

The hard cap of $KAC is 10,000,000.


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