KuCoin CEO: Warrant Trading Will Solve Staking Liquidity Issue
【链得得播报】March 29 (CHainDD) On 27th March, TRON founder Justion Sun, Kucoin CEO&co-founder Johnny Lyu, and the president of Chaindd Feifan Li participated in the “Roast”of Chaindd.
Johnny Lyu said that for the implementation of Staking, it is the users that matter. Through Staking's warrant trading, once the user's concerns are resolved, there is a basis for Staking to take off. For the project party, the pledge of currency provides the foundation for the community governance of the project.
He introduced that KuCoin had previously launched Pool X, an infrastructure product that addresses liquidity for the industry Staking. Pool X, as a community-based project, operates by mapping Staking tokens into warrants for suspicious transactions. Through warrant trading, by making the rising pledge rate of Staking release liquidity through Pool-X transactions, the liquidity problem of Staking will be solved.