Kyber Network: Why I'm BULLISH on KNC 📈

🙏🏻 BTC Tipjar 👉 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL

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⏰ Time Stamps ⏰

1:28 Introduction
3:20 Benefits of Kyber
4:32 Kyber Use Cases
8:15 Waterloo
9:20 Katalyst
11:46 Kyber KNC
14:35 Kyber Team & Community Updates
15:29 Conclusion

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📰 Project Resources 📰

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📱️ Socials 📱

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🔗 Helpful Links 🔗

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📝 Project Overview 📝

The Kyber Network gives users the ability to exchange ERC20 tokens with one another on the Ethereum blockchain in one seamless transaction.

Through the use of smart contracts, the Kyber protocol offers a single interface for the best available token exchange rates to be taken from an aggregated liquidity pool across diverse sources

The Kyber network consists of "takers" that remove liquidity from the protocol by calling the Kyber Core Smart Contract.

On the other side of the market you have your "reserves" which you can think of as your makers. They will provide the liquidity to the network in terms of both token inventory and prices.

✅ Kyber Benefits ✅

- Instant Trade Settlement
- No Partial Trade Execution
- Fully Transparent
- Easy Integration

🗓️ Upcoming Releases 🗓

The Waterloo bridge is bridge between Etheruem and EOS on the Kyber Network. This bridge will open up the entire Eos ecosystem to those who use Etheruem. It will allow for decentralised trading and price discovery in on-chain markets that you have never seen before.

Katalyst is an upgrade that will increase liquidity and general stakeholder participation. They plan to change the way that fees are distributed on the protocol.

With the Katalyst upgrade, this minimum balance requirement will be removed which will hopefully reduce the barrier to integration. There will also be a new fee distribution model that will see fees be given to these market makers as rebates.

You also have KyberDAO which is Kyber's attempt to strengthen the broader governance of the ecosystem. Essentially, this DAO will bring in a wide array of KNC stakers including the dApps, VCs, wallets etc.

💰️ KNC Dynamics 💰

Token burning protocols are set to change with the release of Katalyst. Burning will still take place on the protocol but holders will also have an opportunity to earn more KNC.

With the release of the KyberDAO, staking will be introduced on the Kyber network for the first time. The amount of rewards will be proportional to the amount staked.

Then you have reserve incentives. They will be rewarded for providing liquidity to the system and making markets. Of course, this has broader positive benefits for the entire Kyber Network as it leads to greater liquidity, deeper markets and more trading opportunities.

In more positives, Coinbase recently listed KNC on the main exchange which opens up a sea of additional liquidity for the token.

👨‍💻 Team Development 👨‍💻

Kyber network has been pretty active across the Ethereum space. They have met developers in multiple regions across the world. From meetups in the Americas to Asia and Europe.

Kyber has also been a stable fixture at numerous devcons around the world. From blockchain week in Germany to EthIndia.

They have also sponsored number of hackathons at these events as well as numerous virtual hackathons

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Kyber #KNC #crypto #Defi #Review #liquidity #Etheruem #ETH #binance

[sbanerjee]

You do such a phenomenal job! Thank you for gifting the community with such wonderful coverage.

[marleykingston]

Awesome video. Well done. Clear and detailed information that does a great job explaining and effectively summarizing the project. One of my new favorite crypto channels.

[smolincher]

Would love to see an update video from you about kyber.

[thiefoftomorrow]

just imagine when REN can facilitate btc for the kyber network.... game changer for both

[mattbradley]

My favourite crypto youtube channel. I'm so bloody grateful for the deep dives and explanations Guy does. Saves me hours of research. I'd love to work for a crypto/blockchain company though. It's the only area I'm interested in.

[uptowngirl]

Can you make an updated video on Kyber Network, please? Would be great if you follow up on the projects you covered in the past.

[andrewmacmillan]

I expect Kyber to challenge the big boys (Huobi and Binance) in trading volume in the coming years. Great information as always.

[exnihil]

Knc is going up like 🔥
It's hedging well against the current market. Update pls

[cristianmedina]

KNC blew up this year💯👌🏽 i wish I seen this video when you first dropped it😭

[MsANGLEPOISE]

coin bureau. your previous video on knc were bearish . perhaps worth explaning the different new bullish.

[AmayzinOne]

I own Kyber and ChainLink. These are the future.

[MrLookatmyhat]

95% of ATH right now. Would like to see an update video here.

[jeff]

Can you do a video explaining the defi issues during the most recent crash?

[brianwalker]

Thank you for the financial advice disclaimer, but I'll take my chances and use your advice anyways. This is me doing my own research. Aloha!

[DrWilliamStephens]

Great job Guy!!!
Would you please dive in to HEX staff?

[zerodev]

I like this channel, no fuss, just facts, no weird yelling trying to get attention like a 10 year old. Subbed

[DrakeonDigital]

If it there is a token burn will the supply go to zero and now that there is staking does that mean that the supply goes up?

[seanacus]

Hey! Great Videos! I have question about KNC staking. I have staked and am considering delegating my voting. Do you have any thoughts on delegation with entities such as Staking Capital? Also, how do I set that delegation up? where do I get the eth address? Thanks,

[forexdissector]

We're at the bottom of the current accumulation range. Very good prices to get in right now from a technical standpoint.

[Jollighe]

Its mooning right now, June 11th 2020.