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zondacrypto is listing Kyber Network, one of the largest multi-chain liquidity protocols on the crypto market.
zondacrypto is listing Kyber Network, one of the largest multi-chain liquidity protocols on the crypto market.
Our users will have access to the KNC token, which grants various utilities on the KyberSwap protocol and is a highly-liquid asset thanks to the Kyber Network’s multi-chain operating mechanism.
Kyber Network was established in 2017 by a group of experienced blockchain professionals, advised by Vitalik Buterin, the founder of Ethereum. The company is based in South-East Asia, but operates globally, providing crypto users with a fast, highly liquid, multichain DeFi platform.
Kyber Network operates the KyberSwap platform, which is a versatile DeFi protocol that has a decentralized exchange and various additional features such as cross-chain swaps, liquidity pools, and crypto staking. The platform sources liquidity from numerous high-profile liquidity providers and provides services in a permissionless, decentralized manner that doesn’t require users to create login credentials and passwords.
The KNC token serves as the utility token of the platform, and it’s also used for platform governance on KyberDAO.
Although the project was launched in 2017, the KNC token was launched several years later, in 2021. Since then, it has become a key asset in the project’s governance model, granting special privileges to holders, such as staking rewards and voting power.
KNC deposits and withdrawals on zondacrypto will be available from 09.10.2023, at 12:00 UTC+2. Our KNC markets (KNC/PLN and KNC/USDT) will be launched on 12.10.2023, at 12:00 UTC+2.
DISCLAIMER
This content does not constitute investment advice, financial advice, trading advice or any other type of advice and should not be considered as such; zondacrypto does not recommend buying, selling or owning any cryptocurrency. Investing in cryptocurrencies involves a high degree of risk. There is a risk of losing invested funds due to changes in cryptocurrency exchange rates.