Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Karura (KAR) is now available on KuCoin. Supported trading pair is KAR/USDT.
Please take note of the following schedule:
Tags: DEX, Stablecoin, Staking Derivatives
Project Summary
Total Supply | Market Cap | Issue Date | Consensus Protocol |
100,000,000 | - | 2021-07-20 | - |
Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
9,000,000 | - | - | ed25519/sr25519 |
* The key metric numbers are calculated as at July 20, 2021
Karura is the all-in-one DeFi hub of Kusama. Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX — all with micro gas fees that can be paid in any token.
Official Website: https://acala.network/karura
Whitepaper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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