Introducing 22nd HashKey Launchpool: KuCoin Token (KCS) - Lock HSK & KCS to Earn from 7,000 KCS Prize Pool! – HashKey Global

Dear HashKey Global Clients,

HashKey Global is excited to announce the 22nd project on HashKey Launchpool - KuCoin Token (KCS)!

Users will be able to earn KCS tokens for 3 days based on their HSK or KCS tokens Locked. Users can start locking their HSK or KCS in Mining pool starting from Feb 12th, 2025, 06:00 (UTC). Yield will be generated starting from Feb 14th, 2025, 08:00 (UTC).

In addition, HashKey Global launched Zero Fee Plus Campaign for designated trading pairs from Jan 16. Trade with 0 fees.

Listing Timeline:

KCS Deposit and Withdrawal: Feb 12th, 2025, 06:00 (UTC)
KCS/USDT Spot Trading: Feb 14th, 2025, 08:00 (UTC)

KCS deposits and withdrawals will be available via ERC20 network.

KCS Launchpool Details:

Token Name: KuCoin Token (KCS)
KCS Token Supply: 142,606,967.85 KCS
Launchpool Token Rewards: 7,000 KCS
Smart Contract Details: KuCoin Token (KCS)
Participation Terms: KYC required
Launchpool Period (3 days): Feb 14th, 2025, 08:00 (UTC) – Feb 17th, 2025, 08:00 (UTC)

Supported Pools:

HSK Pool

Total Rewards: 4,900 KCS in rewards
Minimum Locking Amount: 1 HSK
Maximum Locking Amount: 20,000 HSK

KCS Pool

Total Rewards: 2,100 KCS in rewards
Minimum Locking Amount: 1 KCS
Maximum Locking Amount: 1,000 KCS

Your Hourly Yield For HSK or KCS Pool = [(The Amount of HSK or KCS you locked) / (Total Number of HSK or KCS locked by All Participants)] × (Hourly KCS Prize Pool)

Note:

HashKey takes hourly snapshots of user locked positions and the total user locked positions in the mining pool to calculate users' mining rewards. Once locked, your hourly yield will be automatically calculated.
The yield you earned will be deposited into your Custody Account every 24 hours after the Launchpool starts. Your yield will be refreshed hourly. Locked assets can be unlocked anytime. No yield will be generated on the hour you withdraw your locked tokens.

Invitation Prize

Invite friends to grab an extra 200 KCS prize pool!

Invitors will get 200 KCS per invitee for successfully joining the launchpool. First come first served.

About KuCoin Token (KCS)

Introduction:

KCS is the native token of KuCoin, which was launched back in 2017 as a profit-sharing token that allows traders to draw value from the exchange. It was issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain. Sooner or later, as the KuCoin decentralized trading solution goes live, KCS will be the native asset of KuCoin's decentralized financial services as well as the governance token of the KuCoin community in the future.

Asset Name: KuCoin Token

Ticker: KCS

Learn more about KCS here:

Website | Whitepaper | Twitter(X)

Terms and conditions

The yield earned will be deposited into clients' Custody Account every 24 hours after the Launchpool starts. Clients' yield will be refreshed hourly.
Locked assets can be unlocked anytime. No yield will be generated on the hour when clients withdraw their locked tokens.
Invitation prize of launchpool will be credited to eligible recipients' funding accounts within 7 days after the launchpool ends.
Clients participating in the campaign should abide by all rules and guidelines. Any behavior that may be inconsistent with the rules or affect the experience of other clients (as determined by HashKey Global in its sole discretion) will result in disqualification from participating in the campaign and the cancellation of rewards obtained during the campaign. Violations include opening multiple accounts and other activities suspected of being illegal, fraudulent, or harmful.
HashKey Global reserves all rights to interpret the campaign terms. Please stay tuned for further announcements from HashKey Global.
By opting to participate in any campaign, you confirm that you have read, understood, and agreed to abide by the campaign rules and terms, along with any applicable disclaimers and risk warnings, including without limitation our Terms and Conditions for Promotional Campaigns and our Standard Disclaimers.

HashKey Global

HashKey Global is a digital asset trading platform operated by HashKey Bermuda Limited under a Type F license granted by the Bermuda Monetary Authority. This information does not constitute an offer, solicitation, or recommendation for any investment product. Investing and trading virtual assets involve risks. HashKey Global does not service users from Hong Kong, United States, Mainland China and certain other jurisdictions in compliance with laws and regulations. Certain services, features, and campaigns may not be available in your jurisdiction.