KuCoin’s eight million traders in 207 countries will now have access to ndau, a fast-growing digital currency with adaptive capabilities. The leading exchange listed the asset for its appealing role as an alternative store of value and its non-custodial approach to staking programs. Likewise, ndau has been garnering attention after a $2 million purchase from Investview (INVU) and its inclusion in Dapp.com.
What’s unique about ndau is its ability to grow with the demand in the cryptocurrency market while relying on the network’s adaptive properties to mitigate the risk of downside volatility. Its baked-in monetary policy allows it to pace the currency’s value through a price bonding curve but control sell-offs and reduce supply when receiving downwards pressure.
Long-term holders of ndau will also find its staking program to be appealing. The Proof of Stake network offers an Ecosystem Alignment Incentive (EAI) that provides up to 15 percent in annual rewards over a three-year period. More so, it is different from most staking programs in that it does not require users to trust a third-party with their assets. The EAI distributes holder’s rewards directly to their wallets.
As one of the most popular trading platforms, KuCoin will introduce these benefits to one in four crypto holders worldwide who use its services. Rob Frasca, Director at ndau development team Oneiro, commented on what this means for the project. “A KuCoin listing is an important step for any digital currency. It’s thrilling to see other global market participants support the project as ndau continues to expand its reach. Moreover, there’s plenty more down the line that will surely excite traders on the platform.”
