KuCoin Shares

KuCoin Shares (KCS) are the native currency of the KuCoin exchange platform (Similar to the case of Binance).  Holders of KCS will get dividend based on the amount of KCS they hold.
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What is KuCoin Shares?

KuCoin Shares (KCS) are the native currency of the KuCoin exchange platform (Similar to the case of Binance).  Holders of KCS will get dividend based on the amount of KCS they hold.

How does KuCoin Shares work?

KCS is a ERC 20 Token. Similar to the BNB, the holder of KCS will receive a discount on trading fees. Holders of KCS will also receive cryptocurrencies daily as dividends. The platform also shares upto 50% of the trading fee revenue with holders of KCS. As KuCoin charges fees in the currency being traded, KCS holders will passively accumulate a stack of all coins being traded.

Every quarter, KuCoin will use 10% of its profits to purchase and burn KuCoin Shares. This program will continue each quarter that KuCoin is profitable until 100 million of the 200 million coins in the total supply have been burned.

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