The Seychelles-based exchange Kucoin has added another trading pair to its roster. Users are now able to trade TENET/USD. The exchange is also offering lavish incentives for some of those who deposit and trade. Can the new incentives help counter the “cheap rumors” that a KuCoin official complained about recently?
Kucoin is now listing TENET in a trading pair with USD. Trading became available on May 25, and withdrawals can take place from May 27.
Moreover, to mark the occasion, KuCoin has announced a campaign in which qualified users can vie for rewards from a prize pool worth 40,000 USDT.
What is TENET?
Tenet is an Ethereum Virtual Machine (EVM) Layer-1 protocol focusing on Decentralized Finance (DeFi). It brings liquidity and yield opportunities to Liquidity Staking Deposits (LSDs).
Tenet allows LSDs to stake their assets within its network and participate in Tenet’s DeFi ecosystem. This is achieved through a new…