Singapore, September 20, 2020 — For the first time in the industry, MCS (MyCoinStory), a global cryptocurrency derivatives exchange announced the listing of SUNUSDT futures contract on September 18, 2020. Just a day prior to this launch, KLAYUSDT futures contract was released on September 17, 2020, which also was the first futures contract listing in the industry.
The SUN token used in SUNUSDT futures is the most distinguished experimental DeFi (Decentralized Finance) project token by the TRON Foundation in these days. The data published by TRON Foundation claims that 6.7 billion TRON were staked during the SUN’s Genesis Mining period which is approximately $191 million. The KLAY token in KLAYUSDT futures is the native currency of the Klaytn blockchain developed by Ground X, a subsidiary of Kakao Corporation.
This series of futures contracts release is called the “Colorful Quanto”, a series of quanto products with ‘colorful’ characteristics and variations.
A quanto contract refers to a derivative instrument that is…