Singapore, March 30, 2022 — After KuCoin released its new KuCoin Token (KCS) white paper, MojitoSwap has announced the launch of a $1-million KuCoin Community Chain (KCC) ecological development support plan for the KCC ecological protocol to open a liquidity pool on MojitoSwap to assist project parties to enrich their token circulation scenarios.
It is reported that the MojitoSwap million-dollar support plan will be carried out in two different forms according to the agreement itself, including the free opening of the bar liquidity pool and the opening of the wine discount pool from 50 to 100%. For specific cooperation details, please refer to MojitoSwap.Finance.
MojitoSwap officially launched in October 2021 and successively launched functions such as trading, farming, pools, nonfungible tokens (NFTs), a launchpad and more. In a short period of time, it achieved number-one in total value locked and user rankings on KCC. MojitoSwap’s rich layout of product functions and the support of the KCC community have made it one of the most anticipated comprehensive decentralized exchanges (DEXs) on KCC.
MJT, the MojitoSwap platform currency, officially launched on KuCoin on February 11, 2022. This is the first time that MojitoSwap has supported KCC ecological native projects. At the same time, KuCoin Labs also recently announced its strategic investment in MojitoSwap, which will assist MojitoSawp in the KCC ecosystem’s comprehensive development. The $1-million support plan launched by MojitoSwap is also regarded as one of the important ways for MojitoSwap to strengthen its linkage with the KuCoin and KCC communities.
Regarding the announcement of the $1 million support plan, Gloria, chief media officer of MojitoSwap, said: “MojitoSwap has received great help from KuCoin and the KCC community in many aspects. We hope to provide more contributions from MojitoSwap at a critical moment in the development of KCC and hope to help more high-quality KCC ecological projects.”
In the future, MojitoSwap will continue to strengthen its role as a link in the KCC ecosystem and provide more high-quality services for more project parties and users around decentralized issuance and trading of digital assets.
MojitoSwap is a DEX running on KCC with an automated market maker mechanism. It provides all-in-one solutions for on-chain assets with swapping, farming, pools, a launchpad, NFTs and other functions.
MojitoSwap aims to provide users with an efficient and low-cost token exchange. The platform also provides a safe, easy-to-use, high-liquidity and basic decentralized finance protocol for KCC developers.
KCC is a public chain project initiated and built by the developer community of KCS and KuCoin, aiming to solve the network latency and high gas fees of the Ethereum network. It is Ethereum-based and compatible with Ethereum Virtual Machine and smart contracts to provide community users and developers with a higher-speed, more convenient and lower-cost blockchain experience.
To find out more, visit KCC.io.