Review on Kyber Network by Maximiliano Aquino
Kyber Network
The Kyber Network is a broad protocol that allows liquidity in several decentralized apps. Through the Kyber network, anyone can make quick exchanges at low costs in any decentralized exchange. An interaction between decentralized portfolios facilitates the user when making the exchange. The Kyber network is supported by its native KNC token. The KNC token is already listed in several exchanges, which generates liquidity to the project and an appreciation of more than 200% since its creation. Another positive point is that KNC token holders can obtain the right to vote on important projects, thus obtaining important participation in project decision-making. A project that, in my view, has a lot of potential.
Pros
- Decentralized design
- voting rights to KNC token holders
- listed in several potential exchanges in the crypto market
- decentralized app interaction so you don't have to move from them to interact on the Kyber network
Cons
- in my view a project without negative points at the time of this evaluation.
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Comments (1)
October 14, 2020
Kyber network has many advantages. You do not need to be worried about the exchange to trade the digital asset because many exchange supports it and being paired with top crypto exchange.
