Since its launch at the beginning of the year, the KuCoin Community Chain KCC is growing extremely fast. These are exciting times as you can be one of the first to invest in potential new projects that are being built on KCC right now.
In this post, I would like to show you the biggest Decentralized Exchange on KCC which is called MojitoSwap.
What is KCC?
I think it is fair to say that you can compare the KuCoin Community Chain to the Binance Smart Chain in its early stages. Both are smart contract blockchains designed to enable faster transactions with more cost-effective network fees. The big difference between the KuCoin Community Chain to the Binance Smart Chain is that KCC is more community-driven and community governed than BSC.
MojitoSwap DEX
Currently, more and more projects are being built on KCC and MojitoSwap is becoming one of the biggest decentralized exchanges on KCC. MojitoSwap is easy to use, it comes with low transaction costs and lots of different features to let you earn token rewards.
You can definitely compare MojitoSwap to PancakeSwap from the Binance Smart Chain.
As you can see on the screenshot above, MojitoSwap offers everything that you can expect from a decent DEX and even more. For example, you can also find the first and largest NFT Marketplace on KCC and a Launchpad for newly issued tokens on Mojitoswap.
MojitoSwap also has its own native token running on the KuCoin Community Chain. It has the ticker $MJT and it can be traded on KuCoin as well as on MojitoSwap itself.
$MJT functions as a platform governance token based on the KRC20 protocol. By holding some $MJT tokens in your wallet you can not only participate in various activities such as liquidity mining or lending but you also have the governance rights of the future Mojito DAO organization.
Also, keep in mind that you need to hold $KCS tokens in your wallet if you want to interact with MojitoSwap to cover the gas fees.
My Final Words
At the end of my post, I also like to remind you that my intention in this post is to raise your awareness of MojitoSwap, the first and largest DEX on KCC. My intention is not to replace your own research. My words may have made you wiser but I am, not your financial advisor. 🤓
I also would like to know what you think about the potential of KCC and MojitoSwap. Will KCC and the projects built on it be a success story similar to BSC? It would be awesome if you would leave a comment.
By the way, if you want to keep yourself up to date with the latest developments of KCC then you can do this here on Publish0x by following KuCoin Community Chain (KCC) Official.
I hope that I could provide you with some interesting and useful information and if this is the kind of stuff that you like to read on Publish0x, make sure to hit that follow button. Thank you guys as always for reading, liking, following, and tipping 👍
If you like, you can also follow me on Twitter and noise.cash.
You may also like: New Trading Features on KuCoin - OCO Orders and Convert Function
