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18 April 2021

Kyber Network (KNC) launches new market maker protocol with high capital efficiency | CryptoSlate

Kyber Network (KNC) launches new market maker protocol with high capital efficiency | CryptoSlate


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Kyber Network (KNC) launches new market maker protocol with high capital efficiency.

“Kyber DMM protocol allows anyone to be a liquidity provider with the advantages of dynamic fees and very high capital efficiency, and we believe this will empower a whole new generation of liquidity providers, takers, and developers to effectively engage in the world of decentralized finance,” said Luu.

Kyber’s newest protocol allows liquidity providers to adjust fees based on market conditions to reduce the impermanent loss that can occur on AMMs like Uniswap during high price volatility.

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