What Is Kyber Network (KNC)? Everything You Should Know Before Investing In KNC

What Is Kyber Network? Kyber Network is a multi-chain crypto trading and liquidity hub that connects liquidity from different sources to enable trades at the best rates. Kyber Network supports token swaps for hundreds of dApps, crypto wallets, and DeFi platforms — all without an intermediary. What Is Kyber Network (KNC) Token? KNC is a utility and governance token and an integral part of Kyber Network. The glue that connects different stakeholders in Kyber's ecosystem. KNC allows token holders to play a critical role in building a wide base of stakeholders and capturing value created by new innovations on Kyber Network. KNC holders stake and vote to receive trading fees from protocols in the network. As more trades are executed and new protocols added, more rewards are generated. KNC is dynamic and can be upgraded, minted, or burned by KyberDAO to better support liquidity and growth. Holding KNC means having a stake in all the important innovation and liquidity ...
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