Intro
KCC 1.0 is built on the Ethereum source code and is compatible with EVM smart contracts. It seeks to solve Ethereum’s dual problem of low performance and high cost. Millions of blocks have been produced, while the number of active addresses on the chain has exceeded hundreds of thousands.
EVM Compatible
KCC is EVM compatible. Deploy and run your dApps on KCC with your favorite tooling for Ethereum.
Fast Finality
The average block time of KCC is 3 seconds. A typical transaction can be included in a block in less than 6 seconds. And this block is finalized if more than half of all validators add their blocks after it.
Low Cost
Gas fee is paid with KCS. Transfer your tokens around the world with a fraction of a cent.
Safe and Secure
Each block is validated by trusted validators with their identities and KCS as stakes.
Staking Reward Rate (APY): 2-20%, dependent mainly on KuCoin’s (the exchange) activity.
Validator Commission: 1% (meaning you receive 99% of the staking rewards)
Payouts: Continually, NOT autocompounded
Unbonding/unstaking period: 3 days
Bonding period: You’ll start receiving rewards near-instantly