Trade, Vote, and Share the Prize in KCC Unicorn Contest
To encourage participation in the KCC Unicorn Contest, up to $1,000,000 will be awarded to the Top 5 projects. Emphasizing our philosophy of “community-first” and promotion of decentralization, we intend to distribute 100% of any prize awarded to our community and voters who support our project.
- 50% will be distributed to traders, based on trading volume from these three listed KCC token pairs for awards distribution: KCS-KUS, MJT-KCS, and MJT-USDT from April 18 until the voting ends (May 17 at 6 AM UTC).
- 50% of the rewards will be distributed to voters who vote for OpenLeverage, according to voting power (votes).
Not only that, we will distribute 100,000 OLE to addresses that vote for OpenLeverage. We want your support and your voices heard. Vote here: https://snapshot.org/#/kcc.eth
How to Vote and Share the Prize
OpenLeverage encourages all KCS holders to participate in the KCC Unicorn Contest and to cast their vote for OpenLeverage. Voting will officially start on May 13 at 6 AM (UTC).
When to Vote
Most Popular Community Award: 6:00 AM UTC 05/13/2022–6:00 AM UTC 05/15/2022.
Top 5 Projects on KCC:08:00 AM on May 25, 2022–08:00 AM on May 27, 2022 (UTC)
How to Vote
Each voter has voting power based on the number of KCS they have on KCC, where 1 KCS = 1 vote. In order to prevent the possibility of a whale influencing the outcome, an individual cap on the voting power is implemented. Members can check out this tutorial to purchase $KCS and vote for OpenLeverage on Snapshot. You can vote here: https://snapshot.org/#/kcc.eth
Note: To participate, you will need to hold KCS in your wallet. Snapshot.org will scan addresses with KCS and take a snapshot. Snapshots will be taken on May 13, 2022 at 6:00 AM UTC and randomly between May 24, 2022, and May 25, 2022 (UTC). Your snapshotted KCS will determine your voting power. You do not need to spend KCS to vote.
About the KCC Unicorn Contest
KCC will rate and vote for the most popular community project and the top 10 projects between May 13-17. As a community-driven chain, all community members will be able to vote for their favorite projects. Winning projects might even get a chance to tap into KuCoin’s giant user base! Please stay tuned for that.
OpenLeverage, a permissionless lending and margin trading protocol, is deployed on Ethereum, the BNB Chain, and KCC, with future multi-chain deployments planned. The permissionless design of the protocol allows users to launch a leverage trading market for arbitrary trading pairs, integrating with the liquidity provided on decentralized exchanges. OpenLeverage provides a permissionless, decentralized, scalable, and secure leveraged trading facility that serves the long tail and fast-growing DeFi market.