What Is sKCS.io (SKCS)? Complete Guide & Review About skcs

What Is Skcs (SKCS)?

sKCS.io is a liquidity staking protocol for KCS on KCC. Users can stake KCS into sKCS.io and receive sKCS. sKCS can be used to participate in other DeFi products to obtain higher returns or unstake back to KCS at any time.​

SKCS Price Live Data

The live sKCS.io price today is $10.56 USD with a 24-hour trading volume of not available. They update to USD price in real-time. This is down 0.41% in the last 24 hours. The current CoinMarketCap ranking is #9820, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000 SKCS coins.

If you would like to know where to buy sKCS.io at the current rate, the top cryptocurrency exchange for trading in  stock is currently MojitoSwap. You can find others listed on  crypto exchanges page.

Mission

sKCS.io is the first liquidity-staking protocol on KCC, dedicated to providing users with a simple and easy-to-use DeFi product with stable returns.​ ​

As an underlying asset protocol on KCC, sKCS.io would like to help users experience the composability of DeFi protocols in one click. Apart from the juicy yields that sKCS.io can offer, it is also expected to become the next highly-recognized asset on KCC to build the whole ecosystem on-chain and promote the flow of asset value.​ ​

The smart contract of sKCS.io has been audited. It will keep decentralized and distribute returns to KCS holders over time

How does sKCS.io work?

When users staked KCS with sKCS, they can receive a certain percentage of sKCS representing the stake, and the balance of sKCS can earn income and lending rewards in DeFi like KCS. sKCS has no minimum deposit limit.

When staking: Stake KCS and get sKCS. The staking rate depends on the prevailing rate. When unstaking: Burn and get KCS back. The contract will complete this operation within 3-6 days of unstaking. After users’ withdrawal, they can exchange a certain percentage of back.

Staking Requirement

Any KCS holder can participate in the staking and get sKCS staking Rewards.

No minimum amount is required. ​

The amount of KCS is higher than 0. No need to be an integer.

You can stake and unstake KCS at any time.​

How to Stake KCS

1.Connect the wallet (take MetaMask as an example)

Click [Connect Wallet] in the upper right corner and select one of the wallets to connect.

2.Stake KCS

Method 1: Click the [Stake Now] button on the Staking page or Home, select [Stake], enter the amount, then click the [Stake] button below the input box to stake.

Method 2: Click [Rewards Calculator] under [Home], enter the amount of KCS you want to stake, and click [Stake].

3.Get rewards.

sKCS represents your staked KCS and your rewards from KCS. You don’t need to claim your rewards. Your sKCS holdings allow you to withdraw more KCS when you unstake your sKCS. Click [Staking] > [Unstake] to cancel the stake.

Why Stake on sKCS.io

Decentralized

Stake KCS to support network decentralization, obtain sKCS, and watch your assets grow in value.

Earn Rewards

In return for staking KCS, your sKCS will continually accrue staking rewards.

Leverage

Use sKCS to earn additional income across the DeFi and KCC ecosystem.

Security

sKCS is the most reliable liquid staking protocol on the KCC chain, and our smart contracts have been audited by BlockSec.

Roadmap

Q2　　

Complete smart contract audit　　　

Q3

Testnet release

Official website release　

Support multilingual webpage online

Integrate more wallet apps

Support Dex trading sKCS　

Support sKCS lending transaction　

Support sKCS liquidity mining　

Docking with multi-channel stake entrance　

Accept investment from multiple investment institutions　

Reach 10W KCS stake 　

Support multilingual tutorial documents　

Research on fast redemption stake scheme　

CoingeckSupport CMC Defilama Coingeck　　　

Q4

goes live on CEX　

Start the invitation process　

Online Data Dashboard　

Reach 100W KCS stake　

DAO governance　

Genesis NFT solution research