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Information about Kyber Network Crystal (KNC)
Kyber Network (KNC) is a DeFi project launched in 2017 as a trusted decentralized and decentralized cryptocurrency exchange platform that allows near-instant transactions and is convertible to any digital currency.
Kyber Network is developed on the Ethereum blockchain platform and is designed to meet the needs of trading and exchanging digital assets, allowing users to easily receive, send, transfer, and pay tokens without forcing them to own too many different applications.
KNC is a utility token on the Kyber Network platform. KNC is also a governance token. KNC holders can stake their tokens in KyberDAO to help manage the platform, vote on important proposals, and earn staking rewards in Ethereum (ETH) from transaction fees.
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