On July 29, 2019, KuCoin, an IDG-backed cryptocurrency exchange, announced that it will launch the KCS Lockup & Cash Back Program and Burn Plan. The program will officially start on August 1. Users who lock up their KCS tokens will be able to receive an annualized rate of return up to 50%. This program is believed to promote the diversity of KCS ecosystem, enrich the rights of KCS users, and increase the market potential of KCS.
Read the rules here: https://medium.com/kucoinexchange/kucoin-launches-the-kcs-lockup-cash-back-program-and-burn-plan-df2c9c70b1a3