Volume Network Token (VOL) Gets Listed on KuCoin!
06/25/2019, 16:00:02
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Volume Network Token (VOL) is now available on KuCoin. Supported trading pairs include VOL/BTC and VOL/USDT.
Please take note of the following schedule:
- Deposits: 16:00 June 25, 2019 (UTC+8)
- Trading: 18:00 June 25, 2019 (UTC+8)
- Withdrawal: 22:00 June 25, 2019 (UTC+8)
Volume Network Token Project Summary
The Volume Network is a cryptocurrency jointly built by the former co-founder and CTO of TRON.network and Lambda’s core team. The aim of VOL is to create large-scale commercial applications for global use cases.
Green technology
harddisk mining is energy saving and environmentally friendly
Covenant-lite
based on the PoST consensus mechanism, everyone can start mining with a PC at home
Community-driven
Volume Network adopts a complete community-driven approach to run the project. Meanwhile, 6% of the block reward will be used for ecosystem promotion.
Famous team
Former Co-Founder and CTO of TRON.network.and the Chinese FileCoin project-Lambda core team built Volume Network together.
Volume Network(VOL) Token model:
1. Total supply: 10 billion VOL
2. Block reward: 4000 VOL per block
3. Premine: 3%VOL have been premined to IEO and the rest 97%VOL will be mined normally
4. Miners: 9.1 billion VOL of block reward is rewarded to miners, which is 3752.5 VOL/block
5. VOL Ecosystem: 600 million VOL of block reward (247.5 VOL/block) will be rewarded to VOL Ecosystem, including core code upgrade contributor, mining pool service provider, mining machine service provider, promotion team and following participants
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
KuCoin Team
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