Kyber Network consists of protocols that collect liquidity for instant and secure transactions on dApps. The main purpose of Kyber Network is to easily connect users with DeFi applications and dApps that provide the best rates. There is also a DEX protocol that allows instant exchange of all Ethereum-based tokens.
KNC Token
KNC is the utility management token of the network. Aiming to solve the liquidity problem in the DeFi industry with KNC, Kyber Network has a team of developers consisting of engineers, blockchain researchers, managers and designers. The company has more than 60 employees, most of whom are based in Singapore and Vietnam.