KuCoin Token (KCS) is the native cryptocurrency of the KuCoin platform. Launched in 2017 as an ERC20 token, it serves as a utility token within the ecosystem. KuCoin aims to transform KCS into the primary asset for its upcoming decentralized trading platform and to serve as the governance token for the KuCoin community. Currently, there are approximately 80 million KCS in circulation, with the platform regularly distributing daily bonuses to KCS holders. The original total supply was 200 million, but through a token burning strategy, this number has decreased. KuCoin's buyback and burn initiatives will continue until only 100 million tokens remain. KCS features include its role as a utility token, granting holders benefits such as trading fee discounts (20%) and participation in token sale...
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