Convert KuCoin Token KCS to Resupply USD REUSD

KuCoin is an international cryptocurrency exchange based out of Seychelle that currently supports the trading of 250 digital assets. What’s unique about KuCoin is that they share 50% of their overall trading fee revenue with users holding their exchange-based token. In a similar fashion to Binance, KuCoin offers relatively low tradings fees and incentives for holding (or trading) its native cryptocurrency. Back in 2011, the founders started researching blockchain tech and went further to build the technical architecture for KuCoin in 2013. 4 years later, the exchange launched with the ultimate goal of “becoming one of the top 10 worldwide hottest exchange platform[s]” by 2019. As stated on their official website which lists 12 core members, “Kucoin aims at providing users digital asset transaction and exchange services which are even more safe and convenient, integrating premium assets worldwide, and constructing state of the art transaction platform”. CEO and founder, Michael Gam, is a former technical expert at Ant Financial, an affiliate company of the Chinese Alibaba Group. He was also a senior partner at Internet giants like MikeCRM and KF5.COM. OO, Eric Don, is referred to as a “senior Internet researcher, systems architect, and Internet industry star”. He is also stated to be the CTO and senior partner of IT companies including YOULIN.COM, KITEME, and REINOT. However, it’s unclear if these websites actually exist as they did not show in a Google search or when entering the website domains. According to his LinkedIn, he is currently CTO at Youlin Network Technologies, yet there is no mention of KITEME or REINOT. With its growing user base and increasing number of cryptocurrencies being offered, KuCoin may be set up for a strong run in the markets. KuCoin Shares volume is expected to grow as the daily trading volume on KuCoin, hence, trading fees collection grows & thus, the size of dividend payout grows. This can lure investors to hold KCS token which may even increase its value. KuCoin faces stiff competition from OKEx, but it expects to continue to grow its community exponentially as it is being projected to be one among the top 5 exchanges in the world.

A decentralized stablecoin backed by Collateralized Debt Positions (CDP), leveraging the liquidity and stability of lending markets. The Resupply stablecoin is backed by other stablecoins that are earning interest on other lending markets. Designed to maximize yield returns by having the borrow rate always be half the lending rate being earned, half the risk-free rate, or two percent, whichever is greater. Emissions are designed for long-term sustainability by directing at three groups: the insurance pool, voting incentives, and directly at borrowers. The revenue that borrowers generate will directly correlate with the emissions directed towards them. The more revenue a borrower generates for Resupply, the greater the share of emissions it will receive. Targeted platforms for launch are Curve Lend and Fraxlend.