Kyber Network Announcement Channel

2021-04-30 19:17:07 Mercurial x Kyber Network
Kyber is collaborating with @MercurialFi to drive innovation and use cases around stable asset liquidity systems and push the boundaries of DeFi! Through this collaboration, Kyber can explore new capital efficient and dynamic fee strategies by leveraging the Solana blockchain. Kyber will also work with top developers in the space to help bridge the Ethereum and Solana ecosystems.

Overall, this will greatly benefit Kyber's R&D as we continue to improve our Dynamic Market Maker (DMM) protocol as an important source of DeFi liquidity! We look forward to working closely with Mercurial on research and marketing initiatives in their journey to be the best venue for users to deposit, swap, and create stable assets on Solana.

Announcement: https://bit.ly/3e4uHBm
Tweet | Discord | Forum Open / Comment

2021-04-29 16:46:51 New KNC Token Supported on Kyber DMM Protocol
You can now trade and add liquidity for the new KNC token on Kyber DMM! Old KNCL Pools remain active for liquidity providers to withdraw and migrate your liquidity. View available KNC Pools here.
Migration Guide | Discord Open / Comment

2021-04-29 05:26:53 Kyber DMM Protocol Audited by ChainSecurity
On top of the $20M insurance coverage by Unslashed Finance, Kyber DMM smart contracts have also been assessed and audited by ChainSecurity with all issues resolved. As we continue to innovate and enhance liquidity for DeFi, the security of the protocol will always remain a top priority.
Read the audit report | Use Kyber DMM | Discord Open / Comment

2021-04-27 17:19:25 Kyber DMM Weekly Update (27th April)
Kyber DMM protocol covered up to $20M thanks to decentralized insurance by Unslashed Finance!

TVL: $21.9M

Top 3 Pairs(Liquidity):
USDC-USDT
ETH-KNC
USDC-EURS

Top 3 Pairs(7D Vol):
USDC-EURS
ETH-KNC
USDC-USDT

New Tokens:
WSTA, BAM

info.dmm.exchange | Discord Open / Comment

2021-04-26 14:42:11 Kyber Weekly Blitz (19-25 Apr)
USD Volume: $60.6M
Top DeFi Volume: Enjin, Fulcrum, KyberSwap, DeFiSaver, Trust
Top Tokens: USDC WBTC DAI WETH USDT LINK
New @KyberDAO audit completed by Hacken
Loi Luu discusses Kyber DMM and AMMs on Clubhouse along with Sushiswap, FTX, 1inch, and Ava Labs
KyberDAO Community Call #4
Kyber DMM covered up to $20M thanks to decentralized insurance by Unslashed Finance
KNC Token Migration is underway! Migration Portal is LIVE!
https://twitter.com/KyberNetwork/status/1386646154469801987
Discord | Forum Open / Comment

2021-04-23 20:01:31 Kyber DMM Covered Up to $20M!
As part of our commitment towards security and to further protect users, Kyber DMM protocol is now covered up to $20M thanks to decentralized insurance by Unslashed Finance! Start providing liquidity with extremely high capital efficiency and earn dynamic fees at dmm.exchange !
https://medium.com/unslashed/kyber-network-and-unslashed-finance-partner-over-a-20m-native-insurance-to-protect-kyber-network-df543045a97c
Join Discord | Forum Open / Comment

2021-04-22 16:07:15 KNC Token Migration Tutorial Video
Watch the tutorial and visit the migration portal at any time to migrate your old KNC to new KNC in a few clicks. If you have staked old KNC tokens on KyberDAO v1, withdraw them to your wallet first before migrating to the new KNC on KyberDAO v2.

This KNC migration is an important step forward in our Kyber 3.0 journey and we encourage everyone to make the switch as soon as possible!

Watch the video: https://bit.ly/3dEvQPS
Read the guide: https://bit.ly/3tU9fVr
Visit the Migration Portal: https://kyber.org/migrate
Join discord: https://discord.gg/HdXWUb2pQM Open / Comment

2021-04-20 18:54:48 Kyber Network Announcement Channel pinned a photo Open / Comment

2021-04-20 16:27:10 KNC Token Migration Process Has Started!
You can now visit the migration portal at kyber.org/migrate at any time to migrate your old KNC to new KNC in a few clicks.

There's no hard deadline for the migration but staking your new KNC tokens on @KyberDAO during Epoch 0 allows you to vote in the upcoming Epoch 1 next week.

We're working with exchanges, Dapps, staking pools, data sites, and other platforms to support the migration but there will be a transition period where both the old and new KNC tokens run in parallel. This KNC migration is an important step forward in our Kyber 3.0 journey and we encourage everyone to make the switch as soon as possible!

Read the guide: https://blog.kyber.network/knc-token-migration-guide-fda08bfe62c2
Read KIP-6 | Discord | Forum Open / Comment

2021-04-20 14:10:19 Kyber DMM Weekly Update (20th Apr)
Integration by aggregators 1inch and Matcha!

TVL: $21.3M

Top 3 Pairs(Liquidity):
USDC-USDT
ETH-KNC
USDC-EURS

Top 3 Pairs(7D Vol):
ETH-KNC
USDC-USDT
USDC-EURS

New Tokens:
GUM, BUILD

info.dmm.exchange | Discord Open / Comment