"KuCoin will buy back KCS each quarter. It will buy back tokens using the 10% of profits collected from transaction fees. Buybacks will continue until 100 million KCS have been destroyed."
when the buy back will be done?
when the buy back will be done?
I am really not sure they are making any profit at all.
Giving away too many things also paying %50 of the fees with kcs plus there is a %40 invite bonus too.
I think they are making a long term investment for themselves and not earning anything right now. Maybe they can buy back 1000 ok kcs or something
