Avaxholic

Welcome gamers and crypto lovers, Avaxholic is happy to share that BENQI and Yeti Finance Launches Concentrated Liquidity Yield Farming on KyberSwap. So let explore it in today’s article! Enhancing Liquidity On Avalanche On Wednesday, August 17, KyberSwap kicks off the concentrated liquidity yield farming jointly with BenqiFinance and YetiFinance. In an effort to increase liquidity and offer the best rates for sAVAX and YUSD tokens on Avalanche, BENQI and Yeti Finance have decided to collaborate with the highly capital efficient KyberSwap. Over $200,000 in liquidity mining awards are anticipated for liquidity providers in this collaborative initiative's initial phase. Liquidity providers will now have access to even higher profits and more freedom to customize their earning methods thanks to our newest protocol, KyberSwap Elastic. This is not the first time BENQI has partnered with KyberSwap for its capital efficiency benefits. For more information, visit here: BENQI... So...

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 ... Sourc...