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[PRESS RELEASE – Hong Kong, China, 17th October 2021]
MojitoSwap, a KCC-based decentralized alternate (DEX) has formally launched. Customers can begin buying and selling on MojitoSwap from October 15, 2021. MojitoSwap is developed by a gaggle of KCS group members, aiming to supply quick access to the KCC DeFi ecosystem. Together with its launch, 1 million MJT tokens might be airdropped to incentivize early adopters.
With the evolution of the crypto market, numerous DeFi purposes have been launched to satisfy the rising demand of builders and buyers. Moreover, as public chains backed by high crypto exchanges grew to become in style, main DEXes like PancakeSwap achieved nice milestones.
PancakeSwap, because the DEX protocol constructed on BSC, surpassed UniSwap to be the highest decentralized alternate, and MojitoSwap is dedicated to turning into the subsequent technology of DEX primarily based on the KCC ecosystem.
MojitoSwap will airdrop 1 million MJT tokens when launched. MJT (MojitoToken) is the native token of MojitoSwap, with a complete provide of 100,000,000. MJT is a utility and governance token with wealthy use circumstances. MJT holders not solely can take part in liquidity mining and lending for earnings but additionally have the correct to the long run governance of Mojito DAO.
In keeping with MojitoSwap, there are two rounds of airdrops in whole. The primary spherical has already been launched on October 9, 2021. Customers who’ve made a sure variety of transactions on KCC previous to the block peak of two,080,000 might be eligible to take part. The airdrop will final for six months.
The second spherical of airdrop will provoke from October 19, 2021. KCS holders who attain a sure variety of tokens of their KCC pockets between 00:00:00 on October 19, 2021 to 00:00:00 on October 21, 2021 (UTC) are eligible to affix. Airdrops might be introduced inside working 7 days after the snapshots being taken. Please go to the official web site of MojitoSwap for extra particulars.
A diversified vary of features are deliberate to be launched on MojitoSwap within the following months, similar to Bar (Farm), Wine Swimming pools, Cocktail Tickets and NFTs, and so on.
About MojitoSwap
MojitoSwap is a DEX developed by a gaggle of KCS group members, and it goals to supply quick access to the KCC DeFi ecosystem. The staff behind MojitoSwap consists of technical consultants who beforehand labored for big Web enterprises with wealthy expertise in blockchain growth, senior analysis analysts who deeply engaged in a number of blockchain tasks and have an in-depth understanding of DeFi ecosystem, HODLers, and early buyers of BTC and ETH.
About KCC
KCC is a public chain mission initiated and constructed by the developer group of KCS and KuCoin, aiming to unravel the community latency and excessive gasoline payment of Ethereum. It’s Ethereum-based, and suitable with EVM and good contracts, to offer group customers and builders with a higher-speed, extra handy, and lower-cost blockchain expertise.
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Excellent information. Kudos!