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      KuCoin Token(KCS) Token Burn

      21 December 2021 UTC Tokenomics

      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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