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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.00753542
Circulation/Max
270.25M/1,000.00M
Dominance
0.00%
ROI --%
$0.00753542$2.20394953
Low · 2023/06/012023/06/01 · High

Information

What is Kylin Network?

Kylin Network is a native Polkadot Data Blockchain that aims to accelerate the world's transition to DeData within a Web3.0 context by building a cross-chain platform powering the data economy. It serves as the data infrastructure for DeFi and Web 3.0, powered by Polkadot.

Answers

What Is Kylin?

Kylin Network is a decentralized data infrastructure solution, called #DeData, for Web 3.0. It leverages Polkadot and Polkadot Substrate 2.0 Off-Chain Workers, including Kylin Data Oracle, Kylin Data Analytics, and the Kylin Data Marketplace.

KYL is the native utility token used for:

  • Staking for data miners, validators, and arbitrators. All miners are required to stake KYL, and a higher stake increases the probability of being selected to fulfill data requests.
  • Intermediary of Exchange. KYL is used to pay for transactions, query fees, and data access behind paywalls (private APIs).
  • On-Chain Governance. KYL token holders can vote for protocol upgrades and parameter changes on Kylin Network.

Where Can I Buy KYL?

KYL is available for trading on a growing number of exchanges.

As of March 2021, KYL has been officially listed on Uniswap: https://info.uniswap.org/token/0x67B6D479c7bB412C54e03dCA8E1Bc6740ce6b99C

Safety advice: Always double-check the KYL Smart Contract: 0x67B6D479c7bB412C54e03dCA8E1Bc6740ce6b99C

New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.