Nikolas Sargeant
Floki has announced a partnership with the KuCoin Community Chain (KCC) in a strategic move to help launch the new FlokiFi Locker on the KCC mainnet. This isn’t the first collaboration between the two, as we saw the KCC assist the Floki network with integrating and deploying its digital asset locker protocol on its platform.
The latest partnership will help Floki in its venture to extend its ecosystem, build on the already flourishing KCC ecosystem, and “accelerate the flow of value around the world without boundaries.”
What Will The Partnership Bring For Both Parties?
Opening the doors to the KuCoin Community Chain will allow KuCoin’s developers to build on Floki. The move reinforces the Floki team's trust in the potential of the KCC and what the features and functionalities may bring to the table.
Floki is the third major dog-based cryptocurrency and one that is growing in popularity amongst the crypto community, with the latest announcement sparking excitement in the market.
KCC is a decentralized EVM-compatible high-performance chain, offering users and developers the opportunity to deploy and operate dApps and smart contracts. This will benefit Floki, as KCC will address any poor performance issues and reduce network running costs where possible.
The purpose of the KCC was to solve the high gas fees and network latency experienced on the Ethereum network, offering an open-source chain for developers to work on. As has always been the case with KuCoin, its goal is to help developers and users access a convenient, economical, and prompt blockchain experience.
What Is FlokiFi Locker?
The FlokiFi Locker provides a native secure cryptocurrency locker solution. The innovative locker offers crypto developers and enthusiasts a platform to securely and quickly lock LP tokens and NFTs.
As it stands, it’s the only locker protocol that has integrated the ERC-1155 standard. The FlokiFi Locker leverages the FLOKI token and has been influential in the platform, inking partnerships with brands like Formula 1, Italian footballing giants Napoli, and Spanish topflight club Cádiz. The collaboration between Floki and KCC will continue to help the companies push forward.
