BTC/USD Rockets to Highest Print Since June: Sally Ho's Technical Analysis 27 July 2020 BTC

19d
cryptodaily

Exploring Decentraland: A Review of the Virtual World Built on Ethereum

19d
thebitcoinnews

J. A. McDonald: The Longest Running Case of Mass Hysteria

19d
thebitcoinnews

Popular Indian Youtube Channel Hacked to Promote Bitcoin Giveaway Scam

19d
thebitcoinnews

Tips on How to Minimize the Risks When Trading Cryptocurrencies

19d
thebitcoinnews

Analyst Who Predicted Bitcoin’s V-Shaped Reversal Expects Rally to $17k

19d
bitcoinist

Charles Edwards: BTC Could Shoot Up with Banks’ Help

19d
livebitcoinnews

These 3 Metrics Suggest Bitcoin Is Building Up Bullish Momentum

19d
bitcoinist

Are Institutional Investors Not Buying Bitcoin Anymore?

19d
coininsider

Visa Moving to Integrate With Digital Currency Platforms

19d
thebitcoinnews

Bakkt Hasn’t Experienced Any BTC Options Trading Since Mid-June

19d
livebitcoinnews

XRP Is Surging But Not Everyone Is Convinced a Bull Run Is Certain

19d
bitcoinist

Bitcoin Is Readying for “Big Move,” Says Fund Manager Who Predicts $50k BTC

19d
bitcoinist

Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard

19d
thebitcoinnews

ETH/USD Launches to Highest Print Since July 2019: Sally Ho's Technical Analysis 26 July 2020 ETH

19d
cryptodaily

After Surging 25% in 5 Days, Ethereum Forms Sign Last Seen Before March Dump

19d
bitcoinist

Visa Claims It Will Support More Stable Currencies in the Future

19d
livebitcoinnews

Analyst Who Predicted BItcoin’s 2018 Bottom Thinks $10k Is Imminent

19d
bitcoinist

Adam Back & Satoshi Nakamoto: friends or strangers?

19d
cryptodaily

Bitcoin Falls Back Into The $9K Zone After Its Brief $10K Breach

19d
coingape

Bitcoin and Ethereum Surge to New Highs, Gold Almost at All-Time High

19d
cryptoglobe

After Surging 15% in 5 Days, XRP Prints Textbook Sell Signal

19d
thebitcoinnews

Bitcoin SV Is Stuck Below $200, May Resume Upside Range Correction

19d
coinidol

Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally

19d
bitcoinist

Former CFTC commissioner believes the US should bring in outside stakeholders for a CBDC to bring in a new perspective

19d
cryptodaily


Kyber Protocol Katalyst Upgrade And KyberDAO Deployed On The Ethereum Mainnet

cryptoticker

1mon ago

The Kyber Protocol long awaited Katalyst upgrade (incl KyberDAO) has now been deployed on the Ethereum mainnet, the team announced on Jul 07. The Katalyst upgrade was announced on Dec 17, 2019 and deployed on testnet by Apr 02, 2020. The users can now start staking on Kyber in the genesis Epoch 0 which will end on Jul 14, 7:07 AM GMT and the network fees collected during this Epoch will be used to burn KNC tokens. The fee burning will be powered by Kyber’s FeeHandler, assisted by Chainlink price feeds.

The genesis Epoch 0 will start with 65% of the collected rewards being reserved for staking rewards, 30% for Reserve Rebates for incentivizing liquidity providers and 5% for token buybacks / burning, as determined by user votes in the pre-DAO Twitter poll. Apart from the genesis Epoch with a duration of 1 week, all other following Epochs would be of two weeks duration. The voting will begin on the first KyberDAO proposal in the Epoch 1 and first ETH rewards will go out by Epoch 2.

Katalyst and @KyberDAO are now LIVE! 🚀This milestone marks the beginning of an exciting era for Kyber, with a new decentralized governance system and technical improvements that will enhance liquidity for #DeFi ! Details: https://t.co/ulWRkDsKO4 Visit: https://t.co/BS41TCnFk2 pic.twitter.com/hE4fiquZsF— Kyber Network (@KyberNetwork) July 7, 2020

This is a major development for the Decentralized Finance (DeFi) industry, of which the Kyber Protocol is a core-component, aggregating liquidity from different providers and enabling decentralized orderbook-less instant conversions. With the deployment of Katalyst upgrade (incl KyberDAO), the Kyber Protocol will usher in a new era of growth and development.

Kyber Network is an on-chain liquidity provider for crypto-assets that lets token holders provide liquidity by maintaining and running reserves. The reserves can be of different kind and exist as a smart-contract. Kyber protocol can instantly exchange/swap tokens by checking the best price across all reserves and executing the conversion transaction, unlike traditional order-book matching.

It is a major component of the Decentralized Finance (DeFi) eco-system. It can be used by businesses, DApps, wallets and protocols to swap tokens or for payment. Kyber native token is KNC, which is a pre-requisite for activity on the network. For instance, its used to pay network fees and as a stake for running reserves on the protocol.

Katalyst introduces new staking mechanism, decisions making powered by KyberDAO, improvements to liquidity contributions and customizable fees. This will increase network’s liquidity, stakeholders participation and improve the value of the native KNC tokens.

Kyber envisions that this upgrade will “incentivize greater liquidity and trade volume throughout the network enabling Kyber to become the single on-chain endpoint required by the decentralized finance (DeFi) projects for their liquidity needs”.

In order to support and motivate the CryptoTicker team, especially in times of Corona, to continue to deliver good content, we would like to ask you to donate a small amount. Independent journalism can only survive if we stick together as a society. Thank you

Instant Crypto Credit Lines™ from only 5.9% APR. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.

It is super easy to buy Ripple. Just take a look at our exchange comparison!

Trading Bitcoin is too complicated?

We highly recommend our Crypto-Starter-Kit to you!

Or are you looking for the current Bitcoin Price in USD? Look no further! Bitcoin Price, Ethereum Price, Ripple Price

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments