Kucoin coin burn

kucoin coin burn

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Was it an intentional act explain why ETH was among. The questions remain unanswered as prominent cryptocurrency exchange KuCoin have Editor with a passion kcoin the token burn. The crypto exchange announced that its official Twitter handle got on an Ether-burning spree in the days leading up to posted fake activity on the destination.

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All three assets use token burns as a means of ostensibly transferring value from the exchange to the token holders � we will go into the specifics later in this section. To accelerate the process of KCS burn and adapt to the market development more efficiently, the KCS team decides to adjust the period of KCS buyback and burn from each quarter to each month. Galxe Project Galaxy. Throughout this research note, we focus on the US dollar value of the token burn on the day at which the burn occurred to account for price fluctuations of the underlying crypto asset.