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Author Topic: KNC or KNCL? Kyber  (Read 48 times)
very_452001
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May 20, 2021, 07:11:04 PM
 #1

Confused  Huh

Kyber Network Crystal & Kyber Network Crystal Legacy the same coins? Or is this like Bitcoin & Bitcoin Cash?

Which one is the most supported and liked by the Kyber community?

Which Kyber is on the Kraken exchange?
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May 21, 2021, 11:48:42 AM
 #2

I just checked on coingecko, there mention if Kyber Network Crystal Legacy (KNCL) is traded in most popular crypto exchanges included Kraken, but for the Kyber Network Crystal (KNC) only traded on the their new DEX called DMM (Dynamic Market Maker). Both token has the same price. DMM exchange provide better product than other DEFI platform because with this new protocol user will get lower trade slippage, and for liquidity provider will get better return and minimize of impermanet loss.

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May 21, 2021, 12:49:46 PM
 #3

https://blog.kyber.network/knc-token-migration-guide-fda08bfe62c2
"In KIP-6, the Kyber team proposed a Kyber Network Crystal (KNC) token upgrade and migration to make KNC much more dynamic and flexible with the ability to support more efficient upgrades, while amplifying KyberDAO’s governance power. The KyberDAO community gave their strong stamp of approval with a large majority of 99.89% voting in favour of the proposal."


I think if you look at the picture, it will be clear which token is better to buy Smiley

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very_452001
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May 21, 2021, 05:13:01 PM
 #4

Okay it looks like I have the old KNCL on Kraken exchange.

Can anyone confirm whether Kraken will do the swap to new for me?
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May 21, 2021, 05:23:27 PM
 #5

Can anyone confirm whether Kraken will do the swap to new for me?
How about you ask their live or email support?

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