Kyber Network is a liquidity hub and multi-chain crypto trading that combines liquidity from many sources in order to facilitate trades at the best possible rates. Kyber Network uses a dynamic reserve pool to aggregate and sustains on-chain liquidity...More. This pool contains all of the system's reserve entities. The presence of several entities in the pool avoids monopolization and maintains competitive exchange rates. KNC, which means Kyber Network Crystal, is the Kyber Network's governance token. In the Kyber protocol, KNC is crucial in establishing a broad base of stakeholders, creating the incentive structure, and facilitating economic flow. KyberDAO has authorized KIP-6, which will migrate and update KNC to make it more dynamic and capable of supporting efficient upgrades while providing KyberDAO more control.
A quick snapshot of Kyber Network Crystal ROI (return on investment) over different time periods.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
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Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
Project announcements and news have a significant impact on the price. Below are live updates from Kyber Network Crystal's Twitter and Reddit accounts.
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