1.1 What is Klara?

Klara is a self custody credit platform that lets you use your crypto like real spending power without selling it.
Think of it as your onchain vault, your spending card, and your credit line all working together in one system you fully control.

When you lock assets in your Klara vault, the system mirrors their value as usable credit. You spend the credit with a virtual or physical card, while your crypto stays untouched, untouched by any custodial middleman.
No banks holding your funds. No forced liquidation. No “trust us, bro” vibes.

Klara takes the simplicity of a modern fintech app and merges it with the transparency, programmability, and ownership that only blockchain can offer.

It’s a financial layout built for people who want control instead of permission.

1.2 Mission and Vision

Mission
Give people the ability to use their crypto in everyday life without losing ownership, without selling, and without handing their money to centralized systems that can freeze, block, or move it.

Vision
A world where self custody isn’t a niche idea or a “crypto thing”. A world where spending, saving, earning, and credit all work together onchain. A world where financial tools are transparent, programmable, borderless, and built around the user instead of built around institutions.

Klara wants to be the platform that proves personal finance can be both powerful and sovereign at the same time.
You shouldn’t have to choose between convenience and control. You should have both.

1.3 Why Klara Exists

Crypto was created to give people control over their money. But somewhere along the line, we ended up with a bunch of centralized exchanges, custodial cards, and systems that still force you to “liquidate to use”.

People ended up right back where they started:
• Waiting for banks
• Asking for approval
• Selling assets just to access cash
• Getting hit with liquidation during volatility
• Trusting centralized third parties with their keys

And even worse, most “crypto cards” today aren’t really crypto cards. They’re liquidation buttons attached to Visa.

Klara exists to fix the gap between holding crypto and actually being able to use it without sacrificing long term upside or self custody.

If your assets belong to you, your spending power should too.

1.4 Problems Klara Solves

You shouldn’t have to sell your crypto just to spend money

Selling assets can trigger taxable events, destroy long term positions, and force holders to lose exposure during market growth. Klara removes the need to sell anything.

Crypto users need real world liquidity without liquidation risks

Market swings shouldn’t force people into panic selling or liquidation events. Klara’s collateral system is designed to protect users and give them predictable credit.

Centralized custodians shouldn’t decide what you can or cannot do with your money

If your card depends on a centralized wallet, your funds can be frozen, restricted, or flagged. Klara keeps all collateral in your own vault so no one can touch it.

People want financial tools that work globally, not limited by borders

Traditional credit systems fail once you cross borders. Klara’s credit engine doesn’t care about location. Spend anywhere cards are accepted.

Crypto cards today feel like bandaids, not real solutions

Most cards instantly sell your crypto to top up. Klara gives you a real credit line backed by your assets, not forced liquidation.

1.5 What Makes Klara Different (USP)

Self custody by default

Most people never actually get true ownership with fintech apps or custodial crypto cards. Klara gives you full custody from day one. Your assets stay in your wallet, protected by your passkey.
No one can freeze your funds. No one can move them. No one can lock your account.

Credit that adapts to your assets

Your spending power grows naturally with your crypto portfolio.
If your assets appreciate, your credit line expands.
If your assets dip, your collateral health updates in real time.
You’re literally spending off the financial momentum you’ve built.

No forced selling, ever

This is the big one. You never need to liquidate your crypto. You lock assets. You spend credit. Your portfolio stays untouched.
This alone separates Klara from 95 percent of “crypto cards” in the market.

Built to be multi chain from the start

Ethereum, Base, Solana, Arbitrum, and more.
The idea is simple. Wherever your money lives, Klara meets you there. No awkward bridging processes.
Plug in, lock assets, spend globally.

Real time control over your spending tools

Create multiple cards.
Set custom limits.
Freeze or unfreeze instantly.
Track spending in real time.
Manage your credit health from a single dashboard.
Klara gives you total control with zero friction.

Transparent, verifiable, onchain logic

You don’t “trust the system”. You verify it.
Smart contracts handle the core logic.
Your vault, your credit stats, your health data, everything is auditable.
No hidden fees. No secret backend rules.

Designed for everyone, not just crypto experts

The UI feels like a modern fintech app.
The backend is fully onchain.
Klara is the first attempt at making self custody feel normal and safe for everyday users.