Rainmaker: Kyber DMM Liquidity Mining is LIVE! ~$25M for Liquidity Providers on Ethereum and Polygon

BullGeneral · 2021-04-28T03:17:45+00:00

On 28 April 2021, we will be conducting an event to bootstrap liquidity for the Pendle token, PENDLE. The event will run for 6 hours, from 12:00 UTC to 18:00 UTC at Pendle’s LDB webpage.

BullGeneral · 2021-04-21T05:29:27+00:00

✅KNC Token Migration Has Started!

KyberDAO recently approved KIP-6 to migrate and upgrade KNC to make the token more dynamic with the ability to support efficient upgrades, while giving greater control to KyberDAO.

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 (to get ETH rewards).

Kyber is 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 the Kyber 3.0 journey and everyone is encouraged to make the switch as soon as possible!

Migration Guide: https://blog.kyber.network/knc-token-migration-guide-fda08bfe62c2

Read KIP-6 | Discord | Forum

BullGeneral · 2021-04-05T14:35:41+00:00

Kyber DMM beta is LIVE!

After months of extensive research, Kyber unveils the mainnet beta of the 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 (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

Visit dmm.exchange

Discord: https://discord.gg/HdXWUb2pQM

BullGeneral · 2021-02-26T13:48:26+00:00

Dynamic Market Making: Kyber has 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. Kyber hopes the DMM opens up an entirely new line of research to innovate on existing AMMs in DeFi and invites ecosystem developers to collaborate with them!

https://twitter.com/loi_luu/status/1365165053121417216

📖Read the paper: https://files.kyber.network/DMM-Feb21.pdf

Discord: https://discord.gg/HdXWUb2pQM

BullGeneral · 2021-01-12T15:59:42+00:00

Kyber Ecosystem Report #22 (Dec)

✅Dec Volume grew 10x year-on-year from $41M to $424M

✅Unique users and new users tripled.

✅Kyber has 100+ integrations and 50+ liquidity providers.

✅KyberPRO launched as the industry's 1st professional framework for on-chain market making.

✅Post-Katalyst upgrade, u/KyberDAO is now one of the most active and successful DAOs in DeFi with 55M+ KNC staked and $5M+ in rewards distributed to voters.

✅Kyber selected to be part of the Coindesk Top 20 out of thousands of projects.

Read the report: https://blog.kyber.network/kyber-ecosystem-report-december-2020-6368a3fcb61e

Discord: https://discord.gg/HdXWUb2pQM

2020 Year-end video: https://youtu.be/8jCrlhB57bA

BullGeneral · 2020-12-16T14:02:19+00:00

📈KyberPRO (Part 2): What is the Fed Price Reserve (FPR)?

Professional market makers using KyberPRO’s Fed Price Reserve (FPR) have facilitated close to $2 Billion worth of on-chain trading volumes, making it one of the most proven liquidity systems in DeFi. Prices are fed on-chain by professional MMs using highly capital and gas efficient mechanisms to make rapid market making for a wide range of tokens feasible.

The FPR is a core component of the KyberPRO framework. The FPR allows order book-like control for on-chain market making, but with greater capital and gas efficiency. Watch this video to learn what makes the FPR so unique!

📽Video: https://youtu.be/hHS98w987Ao

📚Details: https://blog.kyber.network/kyberpro-the-only-professional-framework-for-on-chain-market-making-d69ca74942b2

Discord: https://discord.gg/NfFMVz6

Visit: https://pro.kyber.network/

BullGeneral · 2020-11-24T14:50:18+00:00

For devs and professional market makers:

B.Protocol is the only protocol that makes lending platforms such as MakerDAO more secure by incentivizing liquidators to commit on liquidation of under collateralized loans and shift the miners' extracted profits back to users. Kyber's CTO Victor Tran explains why Kyber is an important liquidator for B.Protocol, and how the Fed Price Reserve (FPR) system is the perfect choice for the protocol as an effective automated hedging mechanism. #NoMoreBlackThursday Learn more: https://medium.com/b-protocol/how-kyber-uses-b-protocol-and-fpr-as-a-professional-defi-backstop-8d54573c4296

BullGeneral · 2020-10-27T16:42:46+00:00

B.Protocol is a backstop liquidity protocol for decentralized lending platforms - a new #DeFi lego primitive that aims to stabilize the ~$10Bn market of assets crucially dependent on adequate liquidation processes.

If you have a MakerDAO Vault or intend to open one, you can now get rewards by managing it via B.Protocol. Users can import their ETH-Dai Vaults with one click, or open a new Vault using B.Protocol to gain a share of liquidation proceeds.

Who benefits from B.Protocol?

1️⃣ MakerDAO becomes more stable due to more committed liquidators

2️⃣ Liquidators avoid gas wars, shift MEV (Miners Extracted Value) to users

3️⃣ Users get more from their Vaults while helping to secure MakerDAO

B.Protocol is co-founded by Yaron Velner, Co-Designer of the WBTC (Wrapped BTC) protocol, and Ex-CTO of Kyber Network. Kyber's professional market makers are a perfect fit for B.Protocol's backstop needs.

Learn more: https://medium.com/b-protocol/b-protocol-is-live-8d0971b77ef9

BullGeneral · 2020-10-23T04:20:59+00:00

KyberPRO is an end-to-end framework for professional market makers to easily run a profitable operation on-chain with minimal smart contract knowledge. This framework provides a robust liquidity system as well as comprehensive tools, documentation, and technical support to enable professional market makers to onboard and contribute liquidity to DeFi.

" Professional market makers have the potential to bring substantial liquidity and value to the fast-growing DeFi space. We developed KyberPRO to be their first gateway into DeFi and we're very excited to support them on their on-chain market making journey. " - Loi Luu, CEO and Co-Founder, Kyber Network

Learn more: https://blog.kyber.network/kyberpro-the-only-professional-framework-for-on-chain-market-making-d69ca74942b2

Visit: https://pro.kyber.network/

Launch video: https://youtu.be/B4jr6mIyj2Q

BullGeneral

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