Hong Kong, December 11, 2021 — MojitoSwap, the biggest KCC-based decentralized exchange (DEX), made its debut on KuCoin’s popular gaming platform, KuCoin Win. Winners of the LuckyRaffling game will receive an extra prize of the native token MJT, in addition to the game rewards. The activity is currently available until Dec. 18, 2021, at 11:59:59 pm UTC. MJT holders can both participate in liquidity mining and have the right to the future governance of MojitoDAO.

MojitoSwap is a DEX developed by a group of KuCoin Token (KCS) community members, aiming to offer easy access to the KCC’s decentralized finance (DeFi) ecosystem. Since the new features of Bar and Wine Pool were released on October 27, 2021, the total value locked (TVL) on MojitoSwap has exceeded $40 million, making it the number one DEX based on the KCC ecosystem. The current average daily supply of MJT is 86,400 with a 20% reduction every 180 days. Beyond staking and liquidity mining, MojitoSwap has launched a referral program recently so that users can earn MJT by inviting friends to join in and trade in MojitoSwap via referral codes.

The cooperation between MojitoSwap and KuCoin Win opens up new access to KCC’s decentralized ecosystem via gamification activities launched by KuCoin. It also allows KuCoin users to earn extra MJT and helps MJT be distributed in a fair and gamified way to accelerate the development of the KCC ecosystem. The MJT price is reported to have had an over 36% increase after the partnership was released. 

Still in its infancy, MojitoSwap will release more new features such as Cocktail Tickets and nonfungible tokens (NFTs) and offer easier access for more decentralized participants and developers to co-build the KCC ecosystem. Users can now join in the ongoing voting in its telegram group. 

About MojitoSwap 

MojitoSwap is a DEX developed by a group of KCS community members that aims to offer easy access to the KCC DeFi ecosystem. The team behind MojitoSwap consists of technical experts who have work experience in large internet enterprises and rich expertise in blockchain development, as well as senior research analysts who are deeply engaged in multiple blockchain projects and with an in-depth understanding of the DeFi ecosystem, HODLers and early investors of Bitcoin (BTC) and Ether (ETH). To learn more about MojitoSwap, please visit the website.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange for over 600 digital assets. It currently provides spot trading, margin trading, peer-to-peer (P2P) fiat trading, futures trading, staking and lending to its 10 million users in 207 countries and regions around the world. In 2018, KuCoin secured $20 million in Round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the top five crypto exchanges. Also, Forbes named KuCoin as one of the best crypto exchanges for 2021.

To find out more, visit the website.