Dear KCS Holders,

　　To accelerate the process of KCS burn and adapt to the market development more efficiently, the KCS team decides to adjust the period of KCS buyback and burn from each quarter to each month.

　　The KCS team has executed the 301,538 KCS burn for January, 2022. The estimated burning amount is 5,590,360 USDT, which is 10% of the January income of KuCoin.

　　Burn Txid:

　　https://etherscan.io/tx/0x81592d38216749b374f06a2f80d43be3a187025f082d20ff9befb07bc3b54a30

　　Current KCS Circulating Supply: 76,128,123 KCS

　　Current KCS Total Supply: 166,128,123 KCS

　　Thanks for your support!

　　The KCS Team

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