ApeSwap

What Is ApeSwap? Features, Tokenomics and Price Prediction

## ما هو إيب سواب (BANANA)؟

[إيب سواب (BANANA)](https://coinmarketcap.com/ar/currencies/apeswap-finance/) عبارة عن منصة تداول لا مركزية ([DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex)) خاصة بالرموز المشفرة القائمة على اقتراح تطوير سلسلة بينانس الذكية ([BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20)) على [سلسلة كتل BNB](https://coinmarketcap.com/ar/currencies/binance-coin/). توفّر إيب سواب مجموعة أدوات كاملة لأغراض [التمويل اللامركزي](https://coinmarketcap.com/alexandria/glossary/defi) مثل تداول الرموز المشفرة مقابل بانانا BANANA، ومبادلة الرموز المشفرة، وتوفير السيولة، و[التخزين المؤقت](https://coinmarketcap.com/alexandria/glossary/staking)، والإقراض والاستدانة، و[الطرح الأولي اللامركزي للعملات](https://coinmarketcap.com/alexandria/glossary/initial-dex-offering)، و[التداول بالهامش](https://coinmarketcap.com/alexandria/glossary/margin-trading). كما تقدم إيب سواب أيضاً للشركاء خيار إدراج رموزهم المشفرة في البورصة، وإنشاء مجمعات التخزين المؤقت، ومزارع العائد، لتحفيز المستخدمين على تداولها.

تعتبر هذه البورصة واحدة من أكبر منصات التداول اللامركزية داخل نظام بينانس البيئي ولديها شراكات مع مشاريع مهمة مثل [FRAX](https://coinmarketcap.com/ar/currencies/frax/)، و[LUNR](https://coinmarketcap.com/ar/currencies/lunr-token/)، و[KAI](https://coinmarketcap.com/ar/currencies/kardiachain/)، إضافة إلى Animoca Brands. وتركّز إيب سواب في مهمتها على توفير فرص مالية متاحة وسهلة الوصول لجماهير العملات المشفرة عبر تعزيز الشفافية، والأمن، والدعم. حيث تتمثل رؤيتها في تحقيق اللامركزية في التمويل التقليدي وخلق اقتصاد عادل من من خلال [منظمة مستقلة لامركزية](https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao) مجتمعية، ومستدامة.

### من هم مؤسسو ApeSwap؟

تم إطلاق إيب سواب في عام 2021 بفريق عمل يتكون من أكثر من 15 عضواً تم ذكرهم مع سيرهم الذاتية [هنا](https://drive.google.com/file/d/15ms6zslOM0QLA8UcgKi-Yw4VwrAuulrC/view). يختفي الفريق بأكمله تحت أسماء مستعارة بصور رمزية مثل هارامبي أو دونكي كونغ. تضم قائمة المؤسسين الكاملة كلاً من:

ApeGuru — خبير تطوير متعدد المجالات

ApeTastic — خبير تطوير عقود ذكية

Harambe Nakamoto — خبير اقتصاد تحليل، وهندسة العملات المشفرة

DK — حبير تطوير الأعمال والتسويق

Obie Dob — ملك غابة المجتمع

لكن وعلى الرغم من عدم الكشف عن هوياتهم، فإن جميع ملفاتهم الشخصية مفصلة إلى حد ما ويعمل الفريق بأكمله على المشروع منذ عام تقريباً. لذلك، فإن احتمال أن يكون إيب سواب [مشروع احتيال](https://coinmarketcap.com/alexandria/glossary/rug-pull) منخفض إلى حد ما.

لا تذكر إيب سواب أسماء المستثمرين على موقعها.

### ما الذي يميّز Apeswap؟

تقدم إيب سواب مجموعة الأدوات لأغراض التمويل اللامركزي، إلى جانب منتجها الأساسي، منصة التداول اللامركزية التي تسمح للمستخدمين بتبادل أكثر من 150 رمزاً مشفراً على سلسلتي BNB و[Polygon](https://coinmarketcap.com/ar/currencies/polygon/). وتفرض إيب سواب رسوم تداول منخفضة نسبياً تبلغ نسبة 0.20% من قيمة عمليات تبادل الرموز المشفرة، تذهب منها 0.05% إلى خزانتها، بنيما توزع الـ 0.15% الباقية على مزودي السيولة. حسب خارطة طريقها، كان من المقرر أن تطلق إيب سواب التداول بالرافعة المالية في الربع الأول من عام 2022.

هناك ميزة رئيسية أخرى لإيب سواب هي مزارع العائد، والتي تحفز المستخدمين على توفير السيولة من خلال التخزين المؤقت للرموز المشفرة الخاصة بمجمعات السيولة (APE-LP). حيث يمكن للمستثمرين الذين يبحثون عن عوائد بدون جهد استخدام خزائنها التي توفّر التجميع التلقائي، والذي يتم إعادة تخزين الرموز الرموز المشفرة المكتسبة تلقائياً من أجل توليد أرباح زراعة العائد. كما أن هناك خزنات لحرق العملات يذهب إليها جزء من أرباحها المنصة من زراعة العائد ثم يتم استخدامها لإعادة شراء وحرق عملتها الأصلية BANANA.

تسمى عمليات الطرح الأولي اللامركزية للعملة في ‘يب سواب "طرح إيب الأولي" ويمكن أن تكون هذه العمليات رسمية (معتمدة ومراجعة من قبل إيب سواب) أو ذاتية (مشاريع غير مدققة).

أخيراً، أصدرت إيب سواب مجموعة من 1000 "رمز قرد غير قابل للاستبدال" يمكن تداولها في NFA Auction House. وتخطط المنصة أيضاً لإنشاء مجموعة من "رموز الموز غير القابلة للاستبدال" بالتعاون مع شريكها ليكويد كولكتبلز.

#### صفحات ذات صلة:

اطلع على [دودو (DODO)](https://coinmarketcap.com/ar/currencies/dodo/) — تمنصة بادل لامركزية على سلسلة BNB.

اطلع على [Uniswap](https://coinmarketcap.com/ar/exchanges/uniswap-v2/) – منصة تبادل لامركزية على سلسلة إيثريوم.

اعرف المزيد عن [منصات التبادل اللامركزية](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) هنا.

تابع أحدث أخبار العملات المشفرة وتحليلات التداول على [مدونة CoinMarketCap](https://coinmarketcap.com/alexandria/categories/blog).

### كم عدد عملات إيب سواب (BANANA) الموجودة في التداول؟

تمتلك منصة إيب سواب نموذج ثنائي من [الرموز المشفرة ذات الاستخدام](https://coinmarketcap.com/alexandria/glossary/utility-token): BANANA، وGNANA. فبينما تُستخدم رموز BANANA المشفرة لدفع الحوافز لمقدمي السيولة، يستفيد المستخدمون من رموز GNANA في إمكانية المشاركة في الحوكمة، والحصول على ميزات حصرية. تقدم BANANA أربع حالات استخدام هي:

* [تخزينها المؤقت](https://coinmarketcap.com/alexandria/glossary/staking) لكسب المزيد من BANANA
* شراء عملات GNANA بواسطتها
* إقراض BANANA على منصة الإقراض للحصول على مكافآت
* مبادلتها مقابل غيرها من الرموز المشفرة

BANANA هي رمز مشفر تضخمي دون وجود سقف أعلى [للمعروض الإجمالي](https://coinmarketcap.com/alexandria/glossary/total-supply). وحسب بيانات اليوم، يتم سكّ (ترميز) 316,800 عملة BANANA، حيث توزّع على الشكل الآتي:

* مزارع العائد (سلسلة BNB): 39.5%
* مجمّع سيولة BANANA: نسبة 22.7%
* شبكة الإقراض (OLA): 9.09%
* مزارع العائد (Polygon): 9.09%
* السندات: 9.09%
* المحفظة الخاصة بالمطورين: 6.36%
* الحرق: 2.73%
* مجمّع سيولة $GNANA: نسبة 1.36%

لكن عملة BANANA ستصبح في نهاية المطاف رمزاً مشفراً انكماشياً. حيث تطبق إيب سواب العديد من الآليات الانكماشية:

* إعادة الشراء والحرق ربع السنوي: يتم استخدام 50% من رسوم التداول لإعادة شراء عملات BANANA وحرقها
* عمليات الحرق الأسبوعية كل يوم خميس
* يتم استخدام عملات GNANA التي يتم جمعها من طرح العملات اللامركزي من أجل إعادة شراء عملات BANANA وحرقها
* مشاريع الشركاء التي تحرق عملات BANANA
* استخدام الرسوم المرتجعة من GNANA لحرق عملات BANANA
* حيث يتم استخدام 10% من الرسوم التي يتم تجميعها في الخزنة لشراء عملات مستقرة واستثمارها. ثم يتم استخدام المكافآت المكتسبة من هذه الخزنة في إعادة شراء عملات BANANA وحرقها.

### كيف يتم تأمين شبكة إيب سواب (ApeSwap)؟

تم إنشاء الرمز المشفر BANANA بناء على بروتوكول اقتراح تطوير سلسلة بينانس الذكية [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) على [سلسلة BNB](https://coinmarketcap.com/ar/currencies/binance-coin/). وتعمل منصة إيب سواب على كلّ من سلسلتي BNB وبوليجون.

ويتم تأمين سلسلة BNB باستخدام [آلية إجماع](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism) [إثبات الحصة](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) (PoS). والتي يتم من خلالها انتخاب 21 مدقق كل 24 ساعة للتحقق من صحة المعاملات والحفاظ على أمان سلسلة الكتل. حيث يتوجب على هؤلاء المدققين التخزين المؤقت لمبلغ معين من [عملة بينانس](https://coinmarketcap.com/ar/currencies/binance-coin/) (BNB) في [بينانس](https://coinmarketcap.com/ar/exchanges/binance/) حتى يصبحوا مؤهلين.

أما سلسلة بوليجون فهي حلّ قائم على [الطبقة الثانية](https://coinmarketcap.com/alexandria/glossary/layer-2) لتوسعة سلسلة [إيثريوم](https://coinmarketcap.com/ar/currencies/ethereum/).

تمت مراجعة إيب سواب من قبل "ديفي يلد" و"سيرتيك" في عام 2021 و"بي اس سي جيمز" في عام 2022. حيث لم يتم العثور على أي نقاط ضعف حرجة.

### أين يمكنك شراء عملات إيب سواب (BANANA)؟

تتوفر عملة BANANA على إيب سواب وبان كيك سواب (النسخة 2)، و(MEXC) و(Bitrue).

إذا كنت ترغب في معرفة المزيد عن كيفية البدء بشراء العملات المشفرة، فيمكنك قراءة المزيد في [دليلنا](https://coinmarketcap.com/how-to-buy-bitcoin/).

وفيما يلي بعض المقالات الأخرى، التي قد تهمك:

* [ما هو صنبور العملات المشفرة؟](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-faucet)
* [ما هي بطاقات السحب المصرفية للعملات المشفرة؟](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards)
* [ما هو Web 3.0؟](https://coinmarketcap.com/alexandria/article/what-is-web-3-0)
* [ماذا تعني زراعة الغلال (Yield Farming)؟](https://coinmarketcap.com/alexandria/article/what-is-yield-farming)
* [ما هو إقراض العملات المشفرة؟](https://coinmarketcap.com/alexandria/article/what-is-crypto-lending)
* [ما هو الميتافيرس؟](https://coinmarketcap.com/alexandria/article/what-is-the-metaverse-an-overview-and-a-deep-dive-of-the-top-metaverses)
* [ما هي رموز FAN المميزة؟](https://coinmarketcap.com/alexandria/article/what-are-fan-tokens)
* [ملخص المبتدئين: الرموز غير القابلة للاستبدال، من الألف إلى الياء](https://coinmarketcap.com/alexandria/article/newbie-catchup-the-a-z-of-nfts)
* [ما هو صانع السوق الآلي (AMM)؟](https://coinmarketcap.com/alexandria/article/what-are-automated-market-makers)
* [ما هو صندوق العملات المشفرة المتداول في البورصة (ETF)؟](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-etf)

MetaMask

Binance Chain Wallet

ApeSwap has rebranded to ApeBond. For more information, please view this Medium article

https://apebond.medium.com/a-new-era-begins-532b34a5dc68

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Float Protocol (Bank)

Playcent

Beyond Protocol

hiFLUF

disBalancer

Cook Finance

Zoracles

Darwinia Commitment Token

Idavoll DAO

EasyFi

Kermit

RunesBridge

Smart Reward Token

X2Y2

Olympus v2

Biswap (BSW) is a decentralized exchange (DEX) for BEP-20 tokens on Binance Smart Chain (BSC). Biswap promises the lowest transaction fees of any BSC exchange at 0.1% and vows to be committed to innovation in DeFi through its high-quality products and services. Its referral system allows users to invite others and receive referral fees from farms, launch pools, swaps, and a lottery.

Biswap’s core products include the standard DEX functions like an AMM, liquidity pools, yield farming, an NFT marketplace, and an IDO launchpad. In its roadmap, Biswap targets the following:

Listing on major crypto exchanges

Improvements of its NFT marketplace

Cross-chain support

Limit orders

Lending & Borrowing

A personal user dashboard

A swap referral program

Furthermore, Biswap announced a $10 million global incentive program to collaborate with other BSC projects. Partners can expect a 90% fee reimbursement, farming pairs with BSW, a launch pool, marketing promotion, and grants for security audits and project development.

Biswap

Alpaca Finance

Launched in September 2020, BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process.

BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform.

Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB.

BakeryToken

Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as:

An exchange to swap tokens

A yield farm to earn rewards

Syrup pools to stake CAKE tokens

Ethereum liquid staking (wBETH) and simple staking

Pancake Protectors game

v3 position manager (new feature)

A prediction market

Initial Farm Offering (IFO) token launches

A bridge to bridge CAKE to Ethereum and Aptos

A lottery

An NFT marketplace

Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term.

PancakeSwap has an anonymous team of “Chefs,” working in the PancakeSwap “Kitchen.” The platform is open-source and has been audited by multiple reputable blockchain security firms like Peckshield and Slowmist.

Although the bear market has impacted TVL and trading volume for the protocol, PancakeSwap still boasts an annualized revenue of $27 million, with 42% of CAKE is staked:

PancakeSwap

QuickSwap [Old]

MDEX is a new decentralized trading protocol that launched in January 2021.

MDEX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs, but differentiating itself from competitors by using a dual-chain model modeled on both the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the liquidity of the Ethereum ecosystem.

A trading platform built on top of HECO, MDEX has an estimated cost for token swaps at $0.001 for each trade, with a transaction speed of three seconds.

Mdex

Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).

The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.

VAI tokens are synthetic BEP-20 token assets that are pegged to the value of one U.S. dollar (USD), whereas XVS tokens are also BEP-20-based, but are instead used for governance of the Venus protocol, and can be used to vote on adjustments—including adding new collateral types, changing parameters and organizing product improvements.

The governance of the protocol is entirely controlled by XVS community members, since the Venus founders, team members and other advisors do have any XVS token allocations.

Venus

Established in July 2020, TrustSwap is a diverse Web3 ecosystem creating secure infrastructure for blockchain builders and communities. The TrustSwap Launchpad is a leading Launchpad and IDO service, achieving the #1 spot on Cryptorank in 2023 for All-time High Returns and Average Returns. TrustSwap has launched over 55 projects with a collective fundraising of over $70 million.

TrustSwap is also the parent company of The Crypto App and Team Finance, which offer a suite of multi-chain services including crypto portfolio tracking, token and liquidity locks, minting, staking, and vesting-as-a-service.

SWAP token is the key to accessing guaranteed allocations in top-tier IDOs via the TrustSwap Launchpad. Staking more SWAP tokens longer increases your SWAP Score and unlocks higher allocations as well as other perks for top stakers.

TrustSwap

SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal provides hardware and software wallets, all paired and managed through the SafePal App and was the first hardware wallet invested in and backed by Binance.

SafePal wallet supports numerous popular crypto-assets, in addition to popular tokens on the Ethereum, Binance Smart Chain (BSC)and TRON blockchains. Users can store, manage, swap, trade and grow their portfolio without compromising asset security, according to SafePal.

Since its launch in 2018, SafePal has grown exponentially and has over 3,000,000 users in 196 countries globally. More information can be found in the SafePal Official Website.

SafePal

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward.

DODO also caters for new crypto projects with a free ICO listing through its Initial DODO Offering (IDO) which requires issuers to only deposit their own tokens.

DODO’s smart contract operates as an ERC20 token on the Ethereum network.

DODO

Polkastarter is a decentralized fundraising platform empowering Web3 projects to launch and raise funds through multi-chain token pools whilst significantly growing their communities.

The platform supports initial dex offerings (IDOs) across major blockchains, including Ethereum, BNB Chain, Solana, Polkadot, Polygon, Avalanche and Celo.

The platform enables investors to secure early access to IDOs, NFTs and Gaming Web3 innovation. It is most commonly used by early-stage blockchain projects that want to raise capital and easily distribute their tokens at the same time.

Through Polkastarter, blockchain projects can easily create their own fixed-chain swap pools, which allow them to securely raise funds, while users can invest without risks, since swaps are automatically executed by smart contracts.

POLS is the native utility token of the Polkastarter platform. Its main utility is gaining access to pools and giving projects the option to give priority access to POLS holders. Users are incentivised to stake POLS, rewarding the most loyal members.

In Q4 2022, Polkastarter will release new community utility features, such as governance and POLS Power Boosters (increasing your allowlisting success). The platform first went live in December 2020, and has quickly grown to become one of the most commonly used platforms for initial DEX offerings (IDOs) operating on the Ethereum blockchain.

Polkastarter

Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. Due to this, Alien Worlds also has a decentralized finance (DeFi) element to the game, as players advance by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations (DAOs).

Play-to-earn (P2E) NFT games have seen an exponential rise in popularity and value this year. Alien Worlds allow the players, called “explorers” to earn monetary rewards through gameplay or participation in Planet DAOs. By mining in Alien Worlds, a user is rewarded with the native, in-game currency — Trilium (TLM) or NFT packs. Players can stake TLM to boost their rewards or battle with other users for NFTs.

To date, Alien Worlds has established a fair amount of its roadmap, having TLM on Binance launchpad and farming period of TLM on Binance Launchpool. A large portion of game developments have been forged as well. Moving forward, Alien Worlds aims to automate the claiming process of daily allocation to landowners in the game. Artifacts NFTs are soon to be released, and future plans include NFT interoperability.

Alien Worlds

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity.
RAY is the native utility token used for:

Staking to earn protocol fees

Staking to receive IDO allocations

Governance votes on protocol decisions

Raydium

BurgerCities aims to create a unified and standardized metaverse world of Web3 via integrating DeFi, NFT to the wider Metaverse.
In this world, users could carry out daily events such as social, gaming, etc. Meanwhile, they could experience DeFi and NFT functions with their own avatars such as trading, staking, NFT exhibitions or Gamefi, etc.

BurgerCities

KardiaChain is a blockchain platform that aims to be fully interoperable and "non-invasive," meaning that blockchains can connect to the network without needing to make technical modifications to their own protocols. KardiaChain uses a dual-node structure to facilitate the connection between its own ledger and other blockchains, sharding for scalability and smart contracts for developers.

The platform relies on a native token, KAI, which is used for staking, transaction fees, participating in services and deploying smart contracts.

KardiaChain was first announced in October 2018, and its mainnet went live in December 2020.

KardiaChain

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (DeFi).

Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.

In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation.

The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.

Serum

MBOX is the native utility token that is used for:

MOBOX

Bloktopia is a decentralized metaverse backed by and built on Polygon. In Bloktopia, a decentralized virtual reality skyscraper made up of 21 levels (as recognition to 21 million Bitcoin) acts as a central hub for users to have access to crypto information and immersive content in one place. The so-called Bloktopias can educate themselves in the basics or more advanced crypto learnings, earn revenue by owning virtual real estate, play games, build networks and more. Moreover, advertisers and sponsors can monetize the platform’s userbase through a dedicated NFT mechanism. By providing a VR experience for the crypto community, users can engage in an immersive environment according to Bloktopia’s four core pillars: learn, earn, play and create.

Bloktopia

Huobi Token (HT) is the native token of the cryptocurrency exchange Huobi Global. It is a decentralized digital asset based on the Ethereum blockchain and is ERC-20 compliant. HT’s value is in part reliant upon the reputation of the Huobi crypto exchange, yet other factors also have an impact.

To learn more about this project, check out our deep dive of Huobi Token.

Huobi Token is a relatively young project. It first launched in January 2018, hot on the heels of the release of a native token on rival crypto exchange Binance. Having its own token allows Huobi to build a flexible marketing strategy in order to attract new users and further grow its platform.

One key function of the token is to reduce commissions for trading operations on the exchange, which are usually paid from users' wallets. Yet the token has much more to offer. Using HT, users can purchase monthly VIP-status plans to receive discounts on transaction fees. Token holders have the right to vote on exchange decisions, can receive crypto rewards for seasonal buybacks, and also get early access to special events. HT holders can, at any point, trade the token for other cryptocurrencies.

Huobi Token

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.

KuCoin has also announced that “Empowering KCS'' will be a key priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. In the long run, KCS performs as the key to the entire KuCoin ecosystem. With the development of DEX and KuChain, KCS will also be the underlying fuel and general token for future KuCoin decentralized products. More details will likely be released in the near future.