An overview and history of the KuSwap Ecosystem

What is KuSwap?

KuSwap is the Ultimate Liquidity Solution for the KuCoin Community Chain (KCC). It is decentralized and permissionless, allowing anybody to participate in decentralized finance (DeFi) from anywhere in the world.

KuSwap is an ecosystem within the larger ecosystem of KCC. It consists of a decentralized exchange, a launchpad, a truly decentralized NFT marketplace, and most importantly, a governance system that allows the community to take part in the development and administration of KuSwap.

Components of the KuSwap Platform

The KuSwap decentralized exchange (DEX) is the heart of the KuSwap platform. It enables users to trade and swap tokens, while also providing opportunities to earn rewards by:

  1. Providing Liquidity and Yield Farming

  2. Holding governance tokens (veKUS)

  3. Trading Battles

  4. Participating in governance

  5. Community Activities

KuSwap was crowdfunded by the KCC community and since then has stood tall as an unrivaled leader in the protocol developments on KCC, spearheading the forefront of DeFi advancements and bringing the very best developments to the KCC ecosystem.

KuSwap brought many firsts to KCC such as

  • Decentralized Exchange

  • NFTs and Marketplace

  • Launchpad

  • Trading Battles

  • Governance

On July-August 2023, After months of discussion and gathering community input, KuSwap migrated its community, holders and liquidity to a new protocol that aligns incentives and gives more power and benefits to KUS holders.