Kyber Network & the potenial of KNC Crypto – Katoch Tubes

A quick look at Kyber network

What is Kyber Network?

Kyber Network is a decentralized protocol that aggregates liquidity and allows exchange of tokens without an intermediary.

Why Kyber Network?

Kyber Network aims to create a liquidity for any token of value that can be used anywhere for swaps in  any wallet or DeFi Protocols

From where it gets Liquidity?

The protocol aggregates liquidity from a variety of reserves like token holders and DEXs, into a single liquidity pool. Something like 1INCH

The KNC Crypto token

Debuted as ERC-20 token. KNC is the native token of Kyber network, used for staking & governance. Total supply  226 million

About KyberDAO

KyberDAO is a decentralised system in which the token holders can participate in the governance of Kyber Network by staking tokens.

Alternate Investment

Checkout Thorchain RUNE crypto, the best alternative to Kyber Network

Learn more

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