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.
Kylin Network Token [KYL] is a token based on Ethereum blockchain. The most actual price for one Kylin Network Token [KYL] is $0.087833. Kylin Network Token is listed on 3 exchanges with a sum of 4 active markets. The 24h volume of [KYL] is $457 666, while the Kylin Network Token market cap is $0 which ranks it as #2385 of all cryptocurrencies. You can find more information about Kylin Network Token [KYL] on kylin.network
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