On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution. Users can join the KTSt Genesis Mining via Pool-X.
From 20:00:00 on September 16, 2020, to 20:00:00 on September 24, 2020 (UTC+8), users can get KTSt via BurningDrop and improve their computing power by burning POL, the native token of Pool-X. All KTSt mining rewards will be distributed at one time on September 25.
As KuChain’s testnet, Kratos is a financial public chain developed based on the needs of the DeFi field, which will provide a more stable underlying technology environment for decentralized applications such as DeFi and DEX. The total amount of KTSt to be distributed is 100 million. After the BurningDrop Distribution, KTSt holders can also vote for the test nodes of the Kratos beta network through Pool-X to participate in its governance.
KuCoin Global CEO Johnny