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      KuCoin Token(KCS) Token Burn

      Tokenomics

      Dear KCS Holders,

      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 85,450 KCS burn for May, 2022. The estimated burning amount is 1,261,438 USDT, which is 10% of the May income of KuCoin.

      Burn Txid: https://explorer.kcc.io/en/tx/0x04306723885f80c86d9b3b8d8a8b2c30d40f78bc428c56a1fad9dbaf15ebdb37

      Current KCS Circulating Supply: 97,898,694 KCS

      Current KCS Total Supply: 145,398,694 KCS

      Thanks for your support!

      The KCS Team

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