As a result, the price of the KCS token increased in July 29 by 20%. What is happening there? Maybe they have new IEO? Maybe NuCypher or TON came out there?
They decided to figure out how to return the value to their token and came up with. The only question is whether this is really a return of value or just these big words hiding a void behind them – let’s figure it out!
KuCoin and Huobi started accepting tokens on the stack. In other words, block them. What does it mean? You can put them on a deposit, tokens will be immobilized for a certain time. For this, they will give you more tokens at the end of the deposit period. A similar story has already acted on the KuCoin before, holders of KCS tokens on their account received a percentage of the stock exchange’s profit, but now the pyramid is clearly visible.
These programs are interesting for passive income. KuCoin gives 50% per annum, Huobi is more modest, but with Huobi, locked tokens can participate in draws on IEO. And as we know so far, Binance and Huobi make the most delicious IEOs sometimes bringing in 15 Xs.
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