Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows N/A.
KCS serves as the proprietary token of KuCoin, initially introduced in 2017 as a profit-sharing instrument, granting traders the opportunity to extract value from the platform. Initially operating as an ERC-20 token on the Ethereum network, KCS was compatible with most Ethereum wallets. The total supply of KCS was established at 200 million units, with a predetermined buyback and burn strategy intended to reduce this figure to just 100 million KCS over time. As KuCoin progresses towards the launch of its decentralized trading solution, KCS is slated to function as the native asset powering KuCoin's decentralized financial services, while also assuming the role of the governance token for the KuCoin community. KuCoin has articulated its commitment to bolstering the utility of KCS, recognizing it as a cornerstone product rather than a mere token. This strategic focus, dubbed "Empowering KCS," aims to enrich the benefits accessible to KCS holders, diversifying their opportunities within the KuCoin ecosystem. In the foreseeable future, KCS is poised to emerge as a linchpin element within KuCoin's expanding array of decentralized offerings, including the forthcoming DEX and KuChain developments. Further details regarding KCS's role in these initiatives are expected to be unveiled in due course.
Exchange | Exchange Price | 24h % | 24h High | 24h Low | 24h Vol |
---|---|---|---|---|---|
Giottus | ₹ 1900 | --- | ₹ 1900 | ₹ 1900 | N/A |