Kyber Upgrading to Compete With Uniswap for DeFi Traders – Decrypt
In brief Kyber Network has announced plans to upgrade the protocol to Kyber 3.0, adding features like networked liquidity pools and dynamic fees to the platform. Kyber is permissionless but not as “decentralized” as DEX like Uniswap; it uses more complex smart contracts. Kyber 3.0 aims to reduce or eliminate impermanent loss for DeFi liquidity providers.
