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Kyber Network Reveals Three Key Areas

Tracy CHEN

Summary: Kyber Network has written a strategy update to share some thoughts with the community on plans for Kyber moving forward.Moving forward, Kyber Network intends to take aggressive actions to identify and shore up any weaknesses, boost the liquidity and token competitiveness, establish itself as a DeFi leader, as well as harness its resources to help ...

Kyber Network has written a strategy update to share some thoughts with the community on plans for Kyber moving forward.
Moving forward, Kyber Network intends to take aggressive actions to identify and shore up any weaknesses, boost the liquidity and token competitiveness, establish itself as a DeFi leader, as well as harness its resources to help Kyber thrive.
These actions will fall under 3 key areas:
1. Enhancing liquidity by optimising network fees and building up our dedicated reserve ecosystem;
2. Shifting control to the KyberDAO when it comes to adding tokens and reserves to the network;
3. Creating a new open system for permissionless liquidity contribution that is usable by anyone in DeFi.

Tracy Chen

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