Project Research: KCC Kucoin Community Chain - willwillis/thoughts-on-crypto GitHub Wiki

Kucoin Community Chain

KCC is a high-performance and decentralized public chain developed based on ETH to provide users with a more high-speed, convenient, and low-cost experience

OVERVIEW

Launched in June 2021, KCC is Kucoin's version of Binance Smart Chain. With some differences noted below:

  • Decentralized, unlike BSC.
  • Community Driven
  • Consensus Protocol is Proof of Stake Authority consensus, which means you not only stake your stake (coins) but you have to be registered and prove your identity. They do this because 1,000 KCS to me could be a big deal, but 1,000 to a much larger organization is diddly-squat. The thought is that if $largeOrg has their name on their stake, they will be more likely to be a team player.

BUILT ON KCC

Clear DAO

Clear DAO

A Decentralized Derivatives Factory - Clear enables anyone to create custom derivative products.

  • Founded by Robert Alcorn and Alessio Quaglini, who have backgrounds in banking and crypto projects/firms.

  • The CPOOL Token is the utility and governance token for the Clearpool protocol.

  • CPOOL holders will vote on the whitelisting of new borrowers, a process that will qualify participants to earn additional CPOOL through an incentive reward scheme.

  • CPOOL staking will be a required action for borrowers, who must stake an amount of CPOOL to access the area of the protocol where they can make a proposal to be whitelisted. Liquidity providers earn additional CPOOL rewards, enhancing pool interest rates to attractive levels.

  • Clearpool will announce a buyback program, where a share of protocol revenue will be used to buy CPOOL in the open market, to perpetually sustain reward pools.

  • Clearpool's LP (Liquidity Pool) tokens are called cpTokens, they are the building blocks for a system of tokenized credit that will provide Clearpool LPs with risk management and hedging capabilities.

  • Twitter: https://twitter.com/clear_dao

MojitoSwap

Mojito Swap

A decentralized exchange on KCC, with a bar/alchohol theme

  • The Dex will gradually become community owned through a DAO. (reference needed)
  • The transaction fee on MojitoSwap is 0.3% (0.18% for LP token, 0.08% for buyback and burning, 0.04% for MJT treasury)
  • MojitoSwap will airdrop some MJT for KCCers when Mojito launches. Users can swap, farm or join Mojito pools to win more MJT. TODO how?
  • some concerns were raised in their recent audit. I would like to know if these low priority issue have been resolved by the team yet.
  • Token: MJT
  • Twitter: https://twitter.com/MojitoSwap

KSWAP

KuSWAP Logo

Farming and Launchpad for KCC

  • Token: KUS
  • Twitter: ?

GoDAO

Go DAO Logo

GoDAO foundation as the DAO for KCC to help build the ecosystem. In the future, GoDAO will play a very important role in the decision-making process of KCC and push it to be a more decentralized chain. Furthermore, GoDAO will support projects on KCC in forms like R&D, Liquidity Support, Funding, and Linking Resources of the Ecosystem.

AlphaDAO

Alpha DAO Logo

an open financial protocol on KCC that utilizes community driven DAO governance to decide project development and launch the best DeFi strategies to maximize profits for token holders.

FEATURES

  • Pegged Tokens

LINKS