BlockChain Observer
BlockChain Observer

BlockChain Observer

A blockchain observer and a related practitioner. Share the latest blockchain news and views.


Torches Finance has reduced the base rate of sKCS

22 May 2023 5 minute read 1 comment BlockChain Observer

Recently, Torches Finance, the first lending protocol on KuCoin's public chain project KCC, made an adjustment: the base rate of sKCS has been changed from 3% to 1%. Many people are puzzled about why Torches made this decision. After conducting some...

BSC, OKC and KCC: Who's the Winner Changing the Game Rules of Abstract Account Wallets?

4 May 2023 4 minute read 1 comment BlockChain Observer

A few days ago, I shared an article about the AA wallet, the definition of "account abstraction" and the role of ERC-4337. To make the research results more persuasive and comprehensive, I have recently searched for some industry views on AA wallets...

Does the mnemonic phrase become history? ERC-4337 achieves account abstraction, and the AA wallet is here!

28 Apr 2023 6 minute read 1 comment BlockChain Observer

Asset security has always been the most important issue in blockchain investments, and wallets are used to store assets. If there is a problem with the wallet, not only will all assets be lost, but they may also be extremely difficult to retrieve. In...

BSC vs KCC: Which VRF is Better?

30 Mar 2023 5 minute read 0 comments BlockChain Observer

After launching the project registration channel for the KCC Gas Revenue Program on March 9th, to further improve the development environment of the blockchain, the Verifiable Random Function (VRF) is officially live on the KCC mainnet and testnet. A...

Both BSC and KCC offer gas refunds, which is better

24 Mar 2023 2 minute read 0 comments BlockChain Observer

Recently, Binance posted an announcement of its NFT Marketplace zero-fee trading promotion from March 21 to April 10. Also, during the promotion, users will stand to enjoy 100% gas fee rebates when purchasing their first three third-party platform NF...

Both OKC and KCC offer gas refunds, which one is better

14 Mar 2023 2 minute read 0 comments BlockChain Observer

Recently, KCC, the KuCoin’s public chain announced the launching of KCC Gas Revenue and opened the project register channel, with a maximum gas incentive ratio of up to 100%. Similarly, OKC previously announced the Gas Back plan, with a gas rebate ra...

Take stock of exchange public chains and gain insights into investment opportunities

14 Mar 2023 6 minute read 0 comments BlockChain Observer

In recent years, various sectors of the blockchain industry have been closely focused on public chains and DeFi. Since 2021, various public chain projects have emerged one after another. Recently, due to the popularity of NFTs and GameFi, the competi...

Three simple steps to stably earn 7.44% APY

6 Mar 2023 3 minute read 0 comments BlockChain Observer

I shared a popular tutorial on how to earn KCS without risks through DeFi projects on KCC. Recently, with the down-treading market environment, like everyone else, I am also interested in earning a safe and stable income. Therefore, I have found anot...

Use it to Earn Stable Profits and Mine Coins! What is BurningDrop?

2 Sep 2022 3 minute read 0 comments BlockChain Observer

Recently, the arbitrage program I shared on the blog has been a great hit, so with the support of everyone, I will continue to update this series.  Today I will introduce to you how to use Torches lending service to maximise the profit of KuCoin Burn...

The flourishing development of Defi on KCC Empowers the KCS Ecosystem

20 Aug 2022 3 minute read 0 comments BlockChain Observer

Recently, the development of DeFi projects on KCC has entered a flourishing stage. Torches, Klein, sKCS and other DeFi projects deeply incubated by KCC have launched and quickly started cooperation. On June 27, 2022, Torches Finance, a decentralized...