How does sKCS.io work?
Last updated
Last updated
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 sKCS and get KCS back. The sKCS contract will complete this operation within 3-6 days of unstaking. After usersβ withdrawal, they can exchange a certain percentage of KCS back.
1β£ Any KCS holder can participate in the staking and get sKCS staking Rewards. 2β£ No minimum amount is required. β 3β£ The amount of KCS is higher than 0. No need to be an integer. 4β£ You can stake and unstake KCS at any time.β