Kyber Network Announcement Channel
2.57K subscribers
935 photos
347 videos
8 files
1.78K links
🔔NOTE: Official announcements & discussions now on Discord —> https://discord.gg/kyberswap

KyberSwap is the best DEX aggregator and liquidity platform. Best rates for traders, best returns for LPs!

*Admins have the 'admin' tag
* Website: kyberswap.com
Download Telegram
🆕Token Reserve: ID
Everest (ID) will soon be available on Kyber Network!

On 8th Feb, ID tokens will be accessible for the first time via
@KyberSwapOfficial and other DApps and platforms that are powered by our on-chain liquidity protocol.

Learn more: https://t.co/Unw8kWA1Ub
🗳NEW: Kyber Governance Forum
As part of Kyber's decentralized governance process, we have launched a new @KyberDAO Governance Forum, where anyone in the Kyber and #DeFi community can discuss Kyber 3.0, the upcoming KNC migration proposal, and other Kyber topics. Along with discord, this forum will be a crucial platform for important discussions and proposals regarding Kyber's development.

➡️Visit gov.kyber.org now
Discord: https://discord.gg/HdXWUb2pQM
Kyber Ecosystem Report #23 (Jan 2021)
Happy Lunar New Year and Gong Xi Fa Cai Kyberians!🧧🐂🚀We look forward to hitting more milestones this year with Kyber 3.0!

ATH 30-day Volume of $858M in Jan!
Kyber 3.0 and Permissionless DMM development
$140M+ staked on @KyberDAO $7.5M+ in ETH rewards for KNC holders who voted
Kyber 3.0 featured by Cointelegraph, The Defiant, Decrypt, CryptoBriefing, AltcoinBuzz, Investing. com, and more!
KNC Token Migration discussion on our new governance forum

Read the report: https://blog.kyber.network/kyber-ecosystem-report-january-2021-424d8010940d
Join discord: https://discord.gg/HdXWUb2pQM
Join the KNC discussion: https://gov.kyber.org/t/knc-token-migration-upgrade-discussion/64
🔊Recap: KyberDAO Community Call 3
A short recap of our 3rd @KyberDAO Community Call on discord, hosted by Community Ambassador @defidude !
▫️Kyber 3.0 and Kyber DMM Overview
▫️KLP 1 and 2 passed
▫️55+m KNC tokens staked on KyberDAO
▫️$8m+ distributed to KNC voters
▫️KNC Migration discussion on the forum
▫️xToken migrating xKNCa and xKNCb to a new proxy structure to prepare for Kyber 3.0

Recap: https://blog.kyber.network/recap-kyberdao-community-call-3-f15e592fec60
Listen to the full call: https://youtu.be/J4ORnQKn2e0
Join discord: https://discord.gg/HdXWUb2pQM
Dynamic Market Making Litepaper
We have released a new paper about Dynamic Market Making (DMM) and its ability to create highly optimised pools with high capital efficiency and improved profits for liquidity providers. The upcoming Kyber DMM protocol is the first implementation of this model. We hope DMM opens up an entirely new line of research to innovate on existing AMMs in DeFi. Reach out to collaborate with us!
https://twitter.com/loi_luu/status/1365165053121417216
📖Read the paper now: https://files.kyber.network/DMM-Feb21.pdf
Discord: https://discord.gg/HdXWUb2pQM
🚀Kyber 3.0 Educational Video
Watch this video to learn more about what to expect with the upgrade: https://t.co/eBbtHRp77r
Kyber 3.0 will transition Kyber from a single protocol into a hub of purpose-driven liquidity protocols catered to different DeFi use cases. This will be the biggest change to Kyber’s architecture since its inception, including:
Launch of a fully permissionless Dynamic Market Maker (DMM)
Multi-quote pairs, stablecoin-stablecoin trades for better liquidity
Proposal for a @KyberDAO KNC Token Migration and Upgrade

Join us on discord: https://discord.gg/HdXWUb2pQM
Forum: https://gov.kyber.org/
Kyber 3.0: Learn & Win💰
$1000 in prizes! 10 lucky winners receive $100 each! Learn about our upcoming network upgrade and DMM launch and stand a chance to win.

▫️Follow the instructions on our official Twitter: https://twitter.com/KyberNetwork/status/1366777777370800128
▫️Watch the Kyber 3.0 video: https://youtu.be/OxK2HOK-xI4
▫️Complete this quiz: https://forms.gle/sVn3TB8C19sow3Po7

Contest Ends: 8 March 11pm GMT+8
🌎Kyber joins Asia DeFi Network
As one of the pioneers in the space, Kyber looks forward to working with Asia DeFi Network to accelerate DeFi growth in the region with other founding members and investors!
https://twitter.com/asiadefi/status/1368927220698292226
Join our discord:
https://discord.gg/HdXWUb2pQM
Forum: https://gov.kyber.org/
Kyber Weekly Update (8-14th March)
📈USD Volume: $72M
📊Total Trades: 1929
▫️DMM Litepaper released
▫️Kyber 3.0 Learn & Win Quiz and Video
▫️Kyber joins Asia DeFi Network
▫️Featured as a top #DeFi team by TheDefiant News
▫️Kyber developer Desmond shares Solidity tips at Unblock 2021
▫️ $KNC now available on Bitstamp
https://twitter.com/KyberNetwork/status/1371433132012937216
Discord: https://discord.gg/HdXWUb2pQM
Kyber Ecosystem Report #24 Feb'21
🔹KIP-6: KNC Migration (Ongoing @KyberDAO campaign)
🔹Dynamic MM Litepaper released
🔹Community Call #3 Recap
🔹Kyber supports EIP-1559
🔹xToken Vday rewards for xKNC users
🔹Kyber featured in the St. Louis Fed Report, The DeFiant News, Coindesk, and more!
Details: https://blog.kyber.network/kyber-ecosystem-report-feb-21-ca43bf451402
Discord: https://discord.gg/HdXWUb2pQM
Forum: https://gov.kyber.org/
KIP 6_KNC Migration.gif
10.1 MB
🗳KIP-6: KNC Migration Proposal
(5+ days left to vote)
The Kyber team is proposing a KNC migration to make the Kyber Network Crystal (KNC) token more dynamic and flexible with the ability to undergo upgrades more efficiently. This new KNC token contract gives greater control to the @KyberDAO, enabling it to upgrade the token and mint/burn tokens if necessary to better support innovation and growth, bootstrap liquidity, and enable Kyber to adapt quickly within the fast-changing DeFi landscape.

Vote now: https://kyber.org/proposal/23
Read KIP-6: https://github.com/KyberNetwork/KIPs/blob/master/KIPs/kip-6.md
Past discussions: https://gov.kyber.org/t/knc-token-migration-upgrade-discussion/64/
Discord: https://discord.gg/HdXWUb2pQM
🔎Research: Trade-offs in Rollup Solutions
Rollup technology is a viable option for solving some of Ethereum's scaling issues. Rollups come in different flavors, each with its own set of trade-offs across throughput, latency, security, usability, and operational costs. In this research piece, Kyber provides a Rollup analysis framework around the trade-offs between various Rollup implementations e.g. ZKSync, Aztec, Starkware, Loopring, Arbitrum, Optimism, and Fuel.

We hope our research can provide teams with a good starting point when considering which Rollup approach is best suited for their needs, and it also informs Kyber's own scaling plans down the road.
Learn more: https://blog.kyber.network/research-trade-offs-in-rollup-solutions-a1084d2b444
Forum: https://gov.kyber.org/c/ecosystem-proposal/scaling-cross-chain/10
Discord: https://discord.gg/HdXWUb2pQM
KIP-6: KNC Migration is APPROVED
@KyberDAO has approved the KNC migration to make the Kyber Network Crystal (KNC) more dynamic and flexible with the ability to undergo upgrades more efficiently, as well as better support innovation and growth, bootstrap liquidity, and enable Kyber to adapt quickly within the fast-changing DeFi landscape. Thanks to all the KNC holders who participated in this exciting change! Exact details on how to swap your current KNC to the new KNC will be provided soon. https://kyber.org/proposal/23

Read KIP-6: https://github.com/KyberNetwork/KIPs/blob/master/KIPs/kip-6.md
Past discussions: https://gov.kyber.org/t/knc-token-migration-upgrade-discussion/64/
Discord: https://discord.gg/HdXWUb2pQM
Kyber Weekly Blitz (15-21 March)
📈USD Volume: $54M
📊Top DeFi Volume: Fulcrum, @KyberSwapOfficial, Enjin, 1inch, DeFi Saver
▫️Scaling Research: Trade-offs in Rollup solutions
▫️KIP-6: KNC Migration Proposal
▫️FUSE token rewards for liquidity providers on the KNC/USDC Fuse pool
▫️Kyber 3.0 and DMM featured on Cointelegraph
▫️Ecosystem Report 24
▫️Kyber was at the Blockchain Africa Conference 2021 with Consensys, Metamask, BCG Platinion!
https://twitter.com/KyberNetwork/status/1373951099862880257
Discord: https://discord.gg/HdXWUb2pQM
Forum: https://gov.kyber.org/
Kyber Weekly Blitz (22-28 March)
📈USD Volume: $71M
📊Top DeFi Volume: Fulcrum, Enjin, @KyberSwapOfficial, DeFi Saver, Trust
🔄Top Tokens: $USDC $WBTC $USDT $DAI $KNC $LINK
▫️KNC listed on Cryptocom's DeFi Swap platform
▫️KIP-6: KNC Migration Proposal approved by @KyberDAO!
▫️@KyberDAO Voting on BRR-19
https://twitter.com/KyberNetwork/status/1376494952998264840
Discord: https://discord.gg/HdXWUb2pQM
Forum: https://gov.kyber.org/
Kyber Weekly Blitz (29 Mar-4 Apr)
📈USD Volume: $57M
📊Top DeFi Volume: Fulcrum, @KyberSwapOfficial, Enjin, 1inch, Instadapp, Trust, DeFi Saver
🔄Top Tokens: USDT DAI WBTC USDC KNC WETH
▫️Kyber crosses over 150K followers on Twitter!🐦
▫️KNC listed on Bittrex and SimpleSwap
▫️GAINS Associates launches Learn campaign for KNC holders
https://twitter.com/KyberNetwork/status/1379039979863564288
Discord: https://discord.gg/HdXWUb2pQM
Forum: https://gov.kyber.org/
🚀Kyber DMM beta is LIVE!
After months of extensive research, we're excited to unveil the mainnet beta of Kyber Dynamic Market Maker (DMM) protocol! Kyber DMM is a next-generation AMM designed to react to market conditions to optimise fees and earnings and enable extremely high capital efficiency for liquidity providers.

Dynamic Fees: Protocol fees are adjusted dynamically based on market conditions to maximise returns and reduce the impact of impermanent loss for liquidity providers.
Programmable Pricing Curve: Liquidity providers can customize the price curve in advance to create amplified pools that greatly improve capital efficiency and reduce trade slippage.
Fully permissionless: Anyone can add liquidity to Kyber DMM pools, while any taker (e.g. Dapp, aggregator, or end user) can access this liquidity.

Learn more: https://blog.kyber.network/kyber-dmm-beta-is-live-b6bdd18d0dde
Explainer Video: https://youtu.be/2xgboyu7rss
Discord: https://discord.gg/HdXWUb2pQM