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Kylin

Kylin (KYL) Ethereum

Rating3.7
  • Coin: Kylin (KYL)
  • Launch Date: 2021-03-06
  • Address: 0x5d07F52aE5f779422447C2A32F58c93A15E7d6F2
  • Platform: Ethereum
  • Website: kylin.network
  • Explorers: etherscan.io, ethplorer.io
  • Tags: Oracles, Polkadot, Polkastarter, CMS Holdings Portfolio, Exnetwork Capital Portfolio, VBC Ventures Portfolio, Injective Ecosystem
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  • Twitter: Kylin_Network
  • Ranking: 815
  • Rating: 3.7
  • # 1520

Kylin Network will provide a decentralized data infrastructure solution, called #DeData for Web 3.0 leveraging 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 that is used for:
Staking for data miners, validators and arbitrators. All miners are required to stake KYL with a higher stake equating in a high probability of being selected to fulfill data requests.
Intermediary of Exchange. KYL will be used to pay as a transaction, query fee, and also for data access behind paywall (private APIs).
On-Chain Governance. KYL Token holders are able to vote for the protocol upgrades and parameter changes on Kylin Network.