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Kylin

KYL

  • Layer1
  • Oracle
  • Polkadot Parachain
  • Infra
Established Year
2020
Operating Status
Active
Parent Company
DeData
Kylin Network aims to be a modular and configurable DeData infrastructure and economy, providing complete, accurate, and validated data to DeFi and all things Web3.0 on time and reliably.

Financial Portfolio

Funding

Strategic
7 Investors
N/A

Frequently Asked Questions

What Is Kylin?

Kylin Network will provide a decentralized data infrastructure solution, called #DeData for Web 3.0 leveraging Polkadot and Polkadot Substrate 2.0 Off-Chain Workers including Kylin Data Oracle, Kylin Data Analytics and the Kylin Data Marketplace. KYL is the native utility token that is used for: Staking for data miners, validators and arbitrators. All miners are required to stake KYL with a higher stake equating in a high probability of being selected to fulfill data requests. Intermediary of Exchange. KYL will be used to pay as a transaction, query fee, and also for data access behind paywall (private APIs). On-Chain Governance. KYL Token holders are able to vote for the protocol upgrades and parameter changes on Kylin Network.