KuSwap Price (KUS)

What is KuSwap?

KuSwap is the first Automated Market Maker built on top of the KuCoin Community Chain (KCC), and it debuted on its own Launchpad in June 2021, which also happened to be the first KuCoin Community Chain crowdfunding.

KuSwap's key objective is to increase decentralized worldwide adoption by increasing the utility cases for KUS.

KuSwap's Exchange is a non-custodial, decentralized exchange (DEX) where users are allowed to trade without having to surrender the possession or control of their tokens to other entities. The decentralized exchange works with liquidity pools, which allow users to earn money by providing liquidity for a pair of assets. The liquidity providers receive a very small percentage of the transactions (0.1%).

For trusted pairs, such as projects that launch on KuSwap, the exchange will return the swap fees in the form of KUS tokens, effectively making the transaction fee-free for these selected pairs.

Yield farming on KuSwap lets users that are providing liquidity earn KUS rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.

What Makes KuSwap Unique? KuSwap, in its full form, is an ecosystem on its own within the larger ecosystem of KCC (KuCoin Community Chain).

It consists of a Launchpad, a Lending Platform, a truly decentralized NFT Marketplace, and KuDrops - a built-in element of KuSwap that is designed to promote information campaigns, community development, and to maintain the community at its best at all times.

Through KUSDAO - KuSwap's governance platform where holders stake on proposals and contribute to making the KuSwap permissionless and decentralised, and hence efficient and secure for all users.

Through these platforms, a vast array of utilities can be found in the KuSwap token, thereby making it an invaluable asset to users of crypto and Decentralized Finance.