In this article we are going to talk about KandySwap (KANDY) Token, another Swap of the new but already well-known KuCoin (KCC) network and that already has 2 other Swaps at least that we know of, which we have already talked about here and are KoffeeSwap and KuSwap.
In this article we are going to explain all the information about KandySwap and Kandy Token and most importantly, how to buy KANDY Token.
What is KandySwap (KANDY) Token?
KandySwap is a decentralized AMM exchange on KCC with features like Yield Farming, Staking, IFO, and much more.
KandySwap is one of the first decentralized trading platforms in the Kucoin community chain focused on delivering a top-notch trading experience.
Kandy is KandySwap’s native token that is used to incentivize liquidity providers on KandySwap. Additionally, users can use their earned $ KANDY to gamble and win other tokens and unlock exclusive features. Created by a dedicated team with years of experience that is committed to the DeFi community and growing the KCC and Kandy ecosystem.
↔️ Trade exchange is an automated market maker (“AMM”) that allows any combination of two tokens to be exchanged on the Kucoin community chain.
Earn You can earn KANDY with performance farms, earn KANDY by betting, and earn even more tokens with our pools.
＄ Invest Participate in Farm Initial Offerings (or IFOs) to spot hot projects early!
$ KANDY Token:
Kandy is the native token of KandySwap DEX and its ecosystem. It is used to incentivize liquidity providers, reward stakeholders, and governance. We will always be interested in exploring more use cases for the token.
Also read PlayerSwap ($ PLYRS) Token. What is it and how to buy?
Token name: Kandy
Contract address: 0x1aAAF8D0588A14f54eD3624f96205989Df091181
Initial supply – 1M
Introductory Price – 0.004 KCS
Chain: Kucoin Community Chain (KCC)
KANDY Token Distribution:
Kandy is an inflationary asset that has the following emission rates + ??????? + ???????- + | Metric | Issuance / blocking (KSF) | + ??????? + ???????- + | Issuance by block | 1 | | Issuance per day | 28,800 | | Effective issuance | 28,800 | + ??????? + ???????- + No additional minting is performed other than agriculture and stake rewards. We have done our best to make Tokenomy and Distribution as simple as possible.
As we grow we plan to incorporate 1) Monthly Burns (will be discussed later in more detail) 2) Occasional backshopping / burns to counteract inflation.
How to buy Kandy Token on KandySwap?
Well first of all, in case you don’t know, to buy through the KCC network, we need to have KCS Token in Metamask and for this we have to configure the network and buy the KCS to pass them to Metamask and in the following tutorial we will explain it to you In a simple way:
Tutorial Buy KCS in KuCoin and pass them to metamask through the KCC network.
Now that we have our KCS in Metamask and the network configured in our Wallet we go to the following link to do the SWAP, in this case we will use the same KandySwap: https://dex.kandyswap.com/#/swap
Once inside we have to unlock the Wallet and select the Token that we are going to buy with KCS, as I show you in the following image:
Well now you have to select the token, which in this case it is not necessary to paste the contract, since being its Swap it comes out directly when looking for it, as we show them in the following image:
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Well once the Token is selected, we give it to buy and that’s it, we will have Kandy token in our Metamask portfolio.
Kandy Token Live Price:
To see the live price of KandySwap (KANDY Token) we have to go to the following link: https://koffeeswap.exchange/#/swap?outputCurrency=0x1aAAF8D0588A14f54eD3624f96205989Df091181 and we have to give PRO in the upper left corner.