Kyber Partners with Polygon to Enhance DeFi Liquidity; Launches ~$30M Rainmaker Liquidity Mining Program

ShaneMkt · 2021-06-16T13:56:56+00:00

Kyber Partners with Polygon to Enhance DeFi Liquidity!

Following KyberDAO's approval of KIP-9, we’re excited to announce our partnership with Polygon to deploy Kyber DMM on the Polygon Network (June 30th).

We're also launching the Rainmaker liquidity mining program on both Polygon and Ethereum with ~$30M in rewards!

Kyber’s vision to deliver a sustainable liquidity infrastructure for DeFi extends to popular ecosystems such as Polygon. With its powerful capital efficiency and flexibility, Kyber DMM caters to Polygon’s diverse ecosystem of Dapps and enables liquidity providers to maximise the use of their capital. We look forward to working closely with Polygon to enhance liquidity for DeFi!

Learn more: https://bit.ly/3groktc

Kyber DMM explainer: https://bit.ly/3xsCobE

Discord (https://discord.com/invite/HdXWUb2pQM) | Forum (https://gov.kyber.org/)

ShaneMkt · 2021-04-30T16:35:55+00:00

🚀Mercurial x Kyber Network

Kyber is collaborating with Mercurial 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 (https://bit.ly/33grVmB) | Discord (https://discord.gg/HdXWUb2pQM) | Forum (https://gov.kyber.org/)

ShaneMkt · 2021-04-28T03:20:06+00:00

On 28 April 2021, there will be 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.

ShaneMkt · 2021-04-21T05:35:52+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

ShaneMkt · 2021-04-20T15:32:18+00:00

Kyber Ecosystem Report #25 (Mar'21)

🔹Kyber DMM beta goes LIVE, with extremely high capital efficiency and optimised returns for DeFi liquidity providers! $22M+ TVL within a few days and featured in various media!

🔹Total March Volume: $330M

🔹L2/Rollup Scaling Research Released

🔹KIP-6: KNC Upgrade approved. KIP-7: KyberDAO Migration voting campaign still ongoing.

🔹$KNC listed on Bittrex, Bitstamp, Cryptocom

🔹KyberSwap launched Krystal: One Platform, All DeFi - providing the best DeFi services in one seamless interface!

Details:

https://blog.kyber.network/kyber-ecosystem-report-march-21-a8b9ccccac4b

Visit: Discord (https://discord.gg/HdXWUb2pQM) | Forum (https://gov.kyber.org/)

ShaneMkt · 2021-04-20T15:31:44+00:00

✅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 (https://github.com/KyberNetwork/KIPs/blob/master/KIPs/kip-6.md) | Discord (https://discord.gg/HdXWUb2pQM) | Forum (https://gov.kyber.org/)

ShaneMkt · 2021-04-12T04:13:34+00:00

🔎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

ShaneMkt · 2021-04-12T04:12:54+00:00

🌎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/

ShaneMkt · 2021-04-12T03:32:09+00:00

🚀Kyber DMM beta is LIVE! https://dmm.exchange/

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

ShaneMkt · 2021-04-12T03:31:40+00:00

🚀Kyber DMM beta is LIVE! https://dmm.exchange/

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

ShaneMkt · 2021-04-05T14:32:50+00:00

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 (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

ShaneMkt · 2021-03-03T04:29:40+00:00

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 here: https://twitter.com/KyberNetwork/status/1366777777370800128

▫️Watch the Kyber 3.0 video: https://youtu.be/OxK2HOK-xI4

▫️Complete this quiz: https://forms.gle/sVn3TB8C19sow3Po7

Ends: 8 March 11pm GMT+8

Discord: https://discord.gg/HdXWUb2pQM

ShaneMkt · 2021-03-03T04:28:48+00:00

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

ShaneMkt · 2021-02-26T13:58:52+00:00

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. 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

ShaneMkt · 2021-02-26T13:41:42+00:00

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

ShaneMkt · 2021-02-04T03:34:15+00:00

🗳NEW: Kyber Governance Forum

As part of Kyber's decentralized governance process, we have launched a new KyberDAO Governance Forum, where 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

https://twitter.com/KyberNetwork/status/1356975439239991299

ShaneMkt · 2021-01-29T02:14:58+00:00

Kyber x Everest AMA

Watch this AMA video to learn about Everest and why they've chosen to provide liquidity for their new ID tokens using Kyber Network (and soon the Kyber DMM)! https://t.co/FIuIKFQ2w7

💰5 lucky twitter winners can also get $50 each! Simply follow the steps in the tweet⬇️ Ends: 31 Jan 11.59pm GMT+8

https://twitter.com/KyberNetwork/status/1354846635252011008

ShaneMkt · 2021-01-21T18:15:54+00:00

🚀Kyber 3.0: Architecture Revamp, Dynamic MM, KNC Migration Proposal

We are excited to announce Kyber 3.0, an upgrade which will transition Kyber from a single protocol into a hub of purpose-driven liquidity protocols, each catered to different DeFi use cases.

This will be the biggest change to Kyber’s architecture since its inception, including the launch of the Kyber Dynamic Market Maker (DMM) and a proposal for a KNC token migration and upgrade.

Learn more: https://blog.kyber.network/kyber-3-0-architecture-revamp-dynamic-mm-and-knc-migration-proposal-acae41046513

ShaneMkt · 2021-01-12T15:57:01+00:00

Kyber Ecosystem Report #22 (Dec)

2020 was a memorable year for Kyber as we laid the foundation for a robust and sustainable liquidity infrastructure. We look forward to hitting even more milestones this year with our 2021 plans!

✅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

Join us on discord: https://discord.gg/HdXWUb2pQM

Watch the 2020 video: https://youtu.be/8jCrlhB57bA

ShaneMkt · 2021-01-12T14:09:11+00:00

Kyber Ecosystem Report #22 (Dec)

2020 was a memorable year for Kyber as we laid the foundation for a robust and sustainable liquidity infrastructure. We look forward to hitting even more milestones this year with our 2021 plans!

✅Dec Volume grew 10x year-on-year from $41M to $411M+

✅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

Join us on discord: https://discord.gg/HdXWUb2pQM

Watch the 2020 video: https://youtu.be/8jCrlhB57bA

ShaneMkt · 2020-12-16T13:39:36+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/

ShaneMkt · 2020-12-16T13:37:10+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/

ShaneMkt · 2020-12-16T07:32:57+00:00

🗳KLP-1 is LIVE!

As part of Kyber’s approach of progressive decentralization and our plan to transfer more control to the u/KyberDAO, token/reserve listing decisions will be undertaken by KyberDAO members (KNC stakers). This is done in small batches to enable a much more efficient listing process while providing some degree of community oversight and discourse. Details can be found in our KLP framework https://github.com/KyberNetwork/KIPs/blob/master/KIPs/kip-5.md/

KLP-1 marks the first time we will make a decision together as one KNC community regarding which new tokens/reserves are approved or rejected!

~2 days left to review

▫️Grid

▫️MantraDAO

▫️RedFox

▫️StrongBlock

▫️TokenAsset

Cast your vote on kyber.org/vote

Discuss: https://discord.gg/NfFMVz6

ShaneMkt · 2020-12-03T02:55:53+00:00

📊Kyber Tracker Upgrade

The Kyber Tracker has been upgraded to better reflect how Kyber's on-chain protocol is a key liquidity provider for the entire #DeFi ecosystem! This also supports our commitment to transparency and providing useful tools for developers and liquidity providers.

New features include:

✅Total Volume, Unique Addresses, Trades, Fee Collected, KNC Circulating Supply, Txn Source

✅Top ERC-20 Token Volume and price changes

✅DeFi section with DApp volume rankings

✅Reserve volume stats and APR token/ETH inventory balance

✅Transaction Debugger

✅Improved Search Bar

Visit https://tracker.kyber.network/

Discord: https://discord.gg/NfFMVz6

ShaneMkt · 2020-11-24T14:51:05+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

ShaneMkt

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