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Kyber Network

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Kyber Network is an on-chain liquidity protocol that focuses on the exchange and conversion of digital assets. Project Director Loi Luu conceived of the idea in 2017. Kyber Network conducted its ICO in August 2017, raising $60 million and becoming one of the largest ICOs of 2017. The project counts Vitalik Buterin as one of its advisers. 

Envisioned as a decentralized version of ShapeShift by Luu, Kyber Network aggregates liquidity from token holders, liquidity pools, market makers and projects, and matches them with end users, wallets, dapps and exchanges. The result is a faster and more secure exchange of tokens, in addition to increasing liquidity.

Kyber Network’s core design philosophy is guided by 3 principles: platform agnosticism, instantaneous transactions and ease of integration. These principles together steer Kyber Network towards its goals of connecting various token economies together to increase their utility and adoption.

Given the purpose of the platform, Kyber Network has made an effort to expand the ecosystem and bring more partners on board, including being integrated into HTC’s Exodus blockchain phone for the purpose of facilitating decentralized token swaps. Key players in the platform’s ecosystem include MyEtherWallet, Enjin Coin, the Opera Browser, and Coinbase.

In early 2019, Kyber Network published a list of long-term objectives: creating a permission-less liquidity protocol that can operate on any smart contract compatible blockchain; supporting the growth of decentralized economies; and establishing a stronger governance framework. Unifying the various stakeholders in the ecosystem under one democratic governance framework is a high priority in 2019.


5 Low Cap Gems to look out for in May 2021

28 Apr 2021 2 minute read 10 comments pheonixdown-dee

In this article, I will take a look at five Altcoins that have a rather small market cap and I believe have some potential in the month of April. I will look at relevant news and recent price movements. Please note, this isn't financial advice and al...

Top 6 DeFi Exchanges in 2021

7 Apr 2021 5 minute read 0 comments SwapSpace

Introduction One of the most remarkable moments for the crypto industry in 2020 took place in August, when decentralized exchanges (DEXs) surprised the world with a trading volume growth of 247% with respect to the previous month, while centralized e...

Buy Kyber Network (KNC) Now And Get Key To A New Life | Big Bullish Harmonic Moves

3 Feb 2021 1 minute read 1 comment moon333

  Click here to create an account on Binance, the best place to buy or sell KNC   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333     Earn 310% ROI as passive income on...

Kyber 3.0: Architecture Revamp, Dynamic MM, and KNC Migration Proposal

22 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

The Kyber Network (KNC) team, in a blog post published on Jan. 21, outlined the changes that will accompany the Kyber 3.0 upgrade, which aims to adapt to DeFi trends and facilitate more innovation. The Kyber 3.0 upgrade will see Kyber move from supp...

3 Altcoins That I Believe Will Rise In 2021

8 Jan 2021 1 minute read 0 comments Sebbe_727

This will include my predictions about cryptocurrencies that I believe will have a skyrocketing growth in 2021. Do not take this as investing tips, do your own analysis before buying anything.   3 Altcoins That I Believe Will Rise In 2021 1. Bao Fina...

Kyber Network (KNC) Completing Big Bullish Setup For Up to 998% Huge Move

7 Jan 2021 1 minute read 0 comments moon333

Hi friends hope you are well, and welcome to the new update on Kyber Network (KNC) token.On the long-term weekly chart, the price action of the Kyber Network is completing the last leg of bullish Butterfly pattern and soon it will be entered in poten...

The Decentralized Autonomous Organization

25 Dec 2020 4 minute read 4 comments AlucardLife

I don't know why it took me so long to realize that the Decentralized Autonomous Organization (DAO) is actually a sovereign country. That comes with a lot of responsibility, responsibility that I don't think most people are ready for. Freedom costs....

DeFi Adoption Is Spiking Despite Collapsed Prices

12 Nov 2020 2 minute read 3 comments Sapphire

More Than Just Hype It was not too long ago that DeFi projects were enjoying an exclusive bull market. Pretty much any project that was labelled "DeFi" automatically received an invitation to a party of gains. Some pumped, only to collapse completely...

Why Kyber PRO is Such a Big Deal?

2 Nov 2020 5 minute read 2 comments DrBreakThru

On October 22, 2020, Kyber Network – the popular on-chain liquidity protocol for decentralized ERC-20 token swaps – launched KyberPRO: A Professional Framework for On-chain Market Making. KyberPRO is a groundbreaking release that allows professional...

Kyber: Delivering a Sustainable Liquidity Infrastructure for DeFi

17 Oct 2020 6 minute read 23 comments Kyber Network

  Hi Kyberians, It has been a crazy few months for decentralized finance (DeFi) and Kyber Network. The recent yield farming and liquidity mining trends in DeFi have created an environment that is ripe for innovation and growth, but at the same time...