Kyber Network Crystal (KNC)
KNC is a utility and governance token and an integral part of Kyber Network. The glue that connects different stakeholders in Kyber's ecosystem.
What is KNC used for?
KNC allows token holders to play a critical role in building a wide base of stakeholders and capturing value created by new innovations on Kyber Network. KNC holders stake and vote to receive trading fees from protocols in the network. As more trades are executed and new protocols added, more rewards are generated.
KNC is dynamic and can be upgraded, minted, or burned by KyberDAO to better support liquidity and growth. Holding KNC means having a stake in all the important innovation and liquidity protocols created for DeFi.
Participation Rewards
KNC holders can stake KNC in KyberDAO and vote on important decisions. Voters receive trading fees and other benefits from ecosystem collaborations on Kyber.
Dynamic Token Model
KNC enables KyberDAO to shape token behaviour and upgrades, making KNC much more adaptable and providing better support for innovation and growth.
Liquidity Incentives
KyberDAO can propose various KNC incentives on top of standard trading fees to provide more value to liquidity providers.
Trade on KyberSwap
Stake KNC, Vote, Earn Rewards.
KyberDAO is a community platform that allows KNC token holders to participate in governance. KNC holders can stake KNC to vote on proposals. In return, they receive rewards from fees collected through trading activities in Kyber Network.
Stake KNC
Other use cases for KNC
For payments through the Crypto.com app and Visa card, usable at millions of global vendors
For payments through the Monolith wallet app and Visa Debit Card, usable at millions of global vendors
For payments at vendors with PundiX terminals installed
For loans and margin trading on DeFi platforms
Where you can buy KNC
KyberSwap
Krystal
Binance
Bithumb
Upbit
OKEx
Huobi
Where you can store KNC
KNC is an ERC-20 token, so it can be stored in Ethereum wallets you control.
Below are some examples.
More information
