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KuCoin Token(KCS) Token Burn
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.
The KCS team has executed the 343,354 KCS burn for November, 2021. The estimated burning amount is 7,879,214 USDT, which is 10% of the November income of KuCoin.
Burn Txid:
https://etherscan.io/tx/0xb2fb501fd1042f331e7ed6c8bb8ccf31be1d9dee5793459610d6abdf310f4363
Current KCS Circulating Supply: 76,729,977 KCS
Current KCS Total Supply: 166,729,977 KCS
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1.67MM Token Unlock
Avalanche unlocks approximately 0.41% of its circulating supply at 12 AM UTC.
TokenomicsApproval: 88%
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3.22MM Token Unlock
Io.net unlocks approximately 2.38% of its circulating supply at 12 PM UTC.
TokenomicsApproval: 74%
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Buybacks
Buybacks are currently set to 0.83 ETH every 3 hours until Sunday evening!
TokenomicsApproval: 95%
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Burns Begin
"$AIPUMP Burns Incoming ⇢ Our DeFAI Product Release Will Start Token Burns"
TokenomicsApproval: 87%