What is Kyber? The best rates in DeFi?

Kyber is a decentralized exchange protocol that allows users to swap tokens using aggregated liquidity reserves. Although it sounds very similar to other decentralized exchanges like Uniswap or SushiSwap, there are some subtle differences between how these protocols are used, which we will examine further.

Kyber was one of the earliest DeFi protocols to emerge, having launched its KNC token in a 2017 ICO and the Kyber protocol in early 2018.

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Chapters:
00:00:00 What is Kyber?
00:01:32 Kyber vs Uniswap
00:02:35 Kyber Reserve Model
00:03:31 Kyber Network
00:04:11 Token Swaps
00:05:11 Kyber Network Crystal
00:06:19 Is Kyber a good investment?

#Phemex #Crypto #Kyber #DEX #Kyberswap #DeFi #KNC

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