#Kylin thread based on @theamaroom AMA with @dylandewdney

1/5 @Kylin_Network is basically the #Substrate for a data economy on Polkadot. A decentralized and validated data economy.

#Kylin will be able to process any data that can come through a API.

$KYL $DOT #DeFi #Oracle

2/5 @Kylin_Network's aproach to the oracle space: Validated data fees will be cost effective cause of the value of the feed that people who build on Kylin deliver.

By building on Polkadot the team expects a magnitude decrease in overall cost and higher throughput ability. $KYL

3/5 $KYL will be the intermediary of exchange on the platform and be used for staking, slashing and governance.

@Kylin_Network token supply will be 1B and be deflationary to some extent as succesful challenges through arbitration would produce burned tokens.

#Kylin #DeFi $DOT

4/5 @Kylin_Network biggest achievements so far are being rewarded a grand by @web3foundation and turning the OCW's developments into a huge strategic strength by identifying the drawbacks and helping to fill the gap for #Polkadot

$KYL $DOT #Web3 #DeFi

5/5 If you want to learn more about #Kylin Network check out:

Website http://kylin.network 
Follow @Kylin_Network
Join http://t.me/KylinOfficial  http://t.me/kylin_announcement

Feel free to jump into the Kylin telegram and ask any question you might have.

$KYL $DOT $KSM #Oracle #DeFi