Intro to Kyber Network: Most Used Liquidity Protocol in DeFi

Kyber Network is an on-chain liquidity protocol that aggregates liquidity from different sources, providing the best available token rates for any application that taps into its liquidity pool. Kyber transactions are performed entirely on the blockchain, and thus are fully transparent and verifiable.

Using Kyber, developers can easily build innovative applications, including token swap services, token payments, and decentralized financial use cases. Kyber is the most used liquidity protocol in decentralized finance today, supporting over 70 tokens and 100 DApp integrations, with over 900,000 transactions and $950 Million traded since launch.

KNC (Kyber Network Crystal) token holders will have the ability to govern Kyber’s protocol by staking KNC and voting in the KyberDAO, and in return they will receive ETH rewards.

KNC will be the first deflationary governance token where staking rewards and token burns are determined by actual network and DeFi growth. Build with Kyber!

Developer Portal:

Automated Price Reserves (APR):
KyberDAO – Staking and Voting Overview: