Kanga Exchange Token

KNG is the native utility token used to pay the fees on transactions on Kanga exchange. All fees for services on the exchange are collected in the native KNG token, as this is the only payment accepted.

The emitted amount is 21 000 000 KNG. It is an ERC20 token, and more of its parameters can be seen at etherscan. Despite the limited amount of KNG tokens, releasing all tokens at the same time has been blocked, breaking down this process over a few years. Kanga offers extensive passive income mechanisms. The Proof-of-Stake (PoS) mechanism enables KNG token holders to share in the incomes from all fees charged on the Kanga Exchange platform.