Trade Tokens at The Best Rates in DeFi
Kyber Network is a multi-chain swap platform that enables traders to swap different token pairs from different chains with the best rates. Kyber Network is different from typical DEXes that use Automated Market Maker mechanism (AMM), rather Kyber Network implements a multi-chain Dynamic Market Maker through aggregating liquidity to obtain the best rates. This in turn, gives benefit to both traders who wants to swap at the best rates, and to liquidity providers who wants to earn the best yield. There are three main services in Kyber Network which are Swap for traders, Earn for liquidity providers and Govern for KNC holders.
KNC is a utility and governance token for Kyber Network. KNC holders can stake and earn rewards through trading fees on the platform. As KNC is also a governance token, KNC stakeholders can vote in the KyberDAO. KNC holders will benefit as Kyber Network advances with new innovations. There is a maximum of around 215 million KNC.
Loi Luu, Victor Tran, Yaron Velner.
Rockaway Blockchain Fund, ICONIUM, IOSG Ventures, 8 Decimal Capital, Fenbushi Capital, Chain Capital, Hashed, Fundamental Labs, Julian Sarokin, Amino Capital.