Kyber Network (KNC), an Ethereum-based decentralized exchange announced plans to upgrade to Kyber 3.0. The upgraded Platform will feature specialized liquidity pools, 100-fold improvement to slippage, adjusted trading fees for mitigated impermanent loss, gas optimization. KNC 3.0 will also support future cross-chain and layer-two scaling solutions. The token economics of KNC will fall in line with other governance tokens after the upgrade.
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