KuCoin Community Chain(KCC) announced that KCC will add 2 more validators, Bitpush and DAODAO. After these validators go live, KCC will have 14 active validators in total.
The KCC Validator Election was started in June 2022. It aims to improve the stability, security, and decentralization of the KCC ecosystem. It has released up to 29 active validators. Being the active validator will enjoy the gas fee, subsidies, and on-chain governance on KCC. Now, the 12 active validators are GoDAO Foundation, KuCoin Wallet, MojitoSwap, KCS Foundation, The People’s Validator, KCC Developers, KuCoin Labs, KuCoin Earn, TR Community, 4EVERLAND, KuCoin Ventures, and UK Community.
Node Staking provides a new way for KCS holders to obtain stable income with a low threshold. Unlike the KCS Bonus, which requires users to hold at least 6 KCS, users only need to hold 1 KCS to participate in Node Staking, and the staking APR is up to 4.93%. The emergence of KCC Validator Election realizes the redistribution of KCC gas, which is a win-win for the KCC validators and KCS holders.
Leandre, the core member of KCC GoDAO Foundation, said, “The development of on-chain validators will further improve the decentralization and stability of KCC’s ecosystem, thus we hope that more institutions and users can join KCC Validator Election to build the KCC ecosystem. Of course, we are going to continue to provide KCS holders with more KCS usage scenarios. Currently, in addition to node staking, users can also explore usages such as sKCS.io, Torches Finance, and MojitoSwap Finance in the one-stop with KCS. ”
Both organizations and users can apply to become “Candidates” who are eligible to be inactive validators by completing the application and required tasks. Interested users can obtain an application form by contacting the KCC’s BD Team ([email protected]). Click to learn more information about KCC Validator Election.
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. KCC 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.
Visit KCC.io to learn more.
Bitpush is a news and financial data provider that specializes in blockchain and cryptocurrencies. Founded in U.S. in 2018, Bitpush is headquartered in New York, providing web3 news, data, research, and other related services 24×7.
DAODAO is a community based in the US and Singapore with a goal to support the KCC ecosystem. Founded by a group of blockchain and crypto investors and enthusiasts, we believe that a journey of a billion miles begins with a single step.