Kyber Network

K

Kyber Network

🚀Kyber DMM beta is LIVE! After months of extensive research, we're excited to unveil the mainnet beta Kyber Dynamic Market Maker (DMM) protocol! Kyber DMM is a next-generation AMM designed to react to market conditions to optimise fees and enable extremely high capital efficiency for liquidity providers. ✅Dynamic Fees: Fees are adjusted dynamically based on market conditions to maximise returns and reduce the impact of impermanent loss for liquidity providers. ✅Programmable Pricing Curve: Liquidity providers can customise the price curve in advance to create amplified pools that greatly improve capital efficiency and reduce trade slippage. ✅Fully permissionless: Anyone can add liquidity to Kyber DMM pools, while any taker (e.g. Dapp, aggregator, or end user) can access this liquidity. Learn more: blog.kyber.network/kyber-dmm-beta-is-live-b6bdd18d0dde