NuLink (NLK) will be launched on KuCoin BurningDrop on May 13.

ChainCatcher news, according to official information, NuLink (NLK) will be launched on KuCoin BurningDrop at 18:00 (UTC+8) on May 13, 2024. The KCS pool will be open during the subscription period. In addition, for accelerated burning, users who have subscribed can choose to burn KCS to receive more NLK airdrops.

The total allocation of NLK is 1,000,000, and 15% of the NLK rewards will be distributed before the NLK trading starts on the KuCoin spot market. The remaining 85% will be locked for three months after the first allocation and will be distributed in batches of 28.3% monthly.

It is reported that NuLink is a Web3-based decentralized wallet proxy and file encryption tool that uses a Proxy Re-Encryption (PRE) scheme to ensure data security and privacy. At the same time, NuLink Snaps is the ultimate decentralized data manager designed for Web3 DApps, which can seamlessly integrate with MetaMask.