Vote for KuCoin Bonus Upgrade

Dear KCS Holders and Community Members,

In order to encourage more centralized exchanges and DeFi projects to participate in the KCS ecosystem, further promote decentralization, and enhance KCS liquidity, the KCS Management Foundation and KCS community have decided to jointly propose improvements to the KuCoin Bonus (KCS Bonus).

Proposal Details:

1. The upgrade of the original KCS Bonus reward from KuCoin users holding KCS to participating in staking to receive rewards. KCS holders can stake on the KCC chain or participate in staking on KuCoin and other centralized platforms to earn rewards.

2. During the upgrade period, staking KCS earnings will consist of a portion of KuCoin platform trading fees and KCC on-chain fees.

3. The KCS Management Foundation will provide an additional 20% of daily KCS Bonus to subsidize staking rewards for the first month.

4. The KCS Management Foundation will periodically reward KCS users through operational activities, ecological collaborations, etc.

Through this proposal, the KCS Management Foundation and KCS community aim to continually expand the KCS ecosystem and strengthen the rights of KCS holders.