What else has been done to destroy 1 million KNC Kyber Network?

The Kyber Network, which has just destroyed 1 million KNC, has entered a new phase. From April to May, the monthly trading volume of Kyber grew by more than 50% month-on-month, and for the first time in this article, data on the use of Kyper in different regions and different DAPP types are disclosed. What is the growth trend of many DeFi products integrated with Kyper?

The following is a detailed report from Kyber Network. In the new month, we will continue to integrate and promote technology iterations to maintain the rapid growth of Kyber. We have also provided some new geographical and product data, which I hope you will be interested in.

Original title: "after the destruction of" 1 million KNC ", the original author: Deniz Omer translated: Medicago sativa

Original title: "after the destruction of" 1 million KNC "Original author: Deniz OmerTranslation: Medicago sativa

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

Kyber Network growth

In terms of growth indicators, monthly trading volume for the entire ecosystem of, Kyper Network rose from $23.8 million in April to $38 million in May, an all-time high. This growth is mainly driven by the increasing liquidity demand of DeFi DApp, the new integration demand, and the wave of new users when the market returns to positive growth. This growth also marks a new milestone for us as we destroyed the millionth KNC in May! (more on that later)

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

In terms of the growth in individual integration, we found that the total assets of most ecosystems increased significantly, with 70% of ecosystems achieving double-digit growth, continuing the trend we have observed since the beginning of the year:

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

This is the first time we have shown users usage data for different regions and DApp types, and we hope it will give you a deeper understanding of Kyber Network.

We start with the total amount of Kyber because it is distributed among different types of usage:

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

Token exchange through exchanges (dominated by KyberSwap) constitutes the largest use of Kyber, while DeFi usage constitutes the second largest category. This is a testament to how much room for growth there has been in this area recently. Remember that at the beginning of the year, DeFi could hardly exist as a separate category.

The categories marked "other" include a wide variety of participants, such as arbitrage robots and dealers who interact directly with Kyber smart contracts, and various DApp, including gaming and asset management platforms.

KyberSwap regional distribution

Specifically, we can see the use of KyberSwap, from six continents and 90 different countries. Users are evenly distributed in Europe, North America and Asia, each accounting for 1/4 of total KyberSwap swap transactions. Note that TOR traffic accounts for more than 1/10 of usage.

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

Our next chart shows the top 15 in terms of dollar trading volume in May (excluding KyberSwap and free shared sources). DeFi DApps, wallets, and anonymous entities make up most of the usage.

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

If our data contains Kyber Swap and unknown Kyber Network users, the distribution is as follows:

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

DeFi fusion

Last month, we introduced users to the latest converged product,: CDP Saver [1], an easy-to-use Maker CDP management dashboard. Since its launch, we have been impressed by the speed of its development, and in May alone, it exchanged $2 million worth of tokens through the Kyber.

CDP Saver [1], an easy-to-use Maker CDP management dashboard. Since its launch, we have been impressed by the speed of its development, and in May alone, it exchanged $2 million worth of tokens through the Kyber.

This rapid growth reflects an overall trend we have observed in the DeFi sector-increased use of both lending and derivatives.

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

New DeFi Fusion

In May we saw a series of interesting fusion of DeFi DAPPs and Kyber, and we chose three of them as the highlights of the month:

Coinected [2] is a peer-to-peer over-the-counter market in which buyers and sellers can convert legal tender into encrypted currency, and vice versa. Kyber integrates directly into the matching engine, allowing buyers to receive funds in ERC20 tokens of their choice, rather than assets sold by sellers.

Coinected [2] is a peer-to-peer over-the-counter market in which buyers and sellers can convert legal tender into encrypted currency, and vice versa. Kyber integrates directly into the matching engine, allowing buyers to receive funds in ERC20 tokens of their choice, rather than assets sold by sellers.

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

User Interface of Coinected

Fabr.x [4] provides an easy-to-use API service that integrates data and functionality from different Web3.0 services into one interface. Kyber API integration [5] allows developers to access Kyber API, to query price data on the chain, which will be updated to allow direct transaction execution in the future.

Fabr.x [4] provides an easy-to-use API service that integrates data and functionality from different Web3.0 services into one interface.Kyber API integration [5] allows developers to access Kyber API, to query price data on the chain, which will be updated to allow direct transaction execution in the future.

Fabr.x user interface

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

Dexbrokerage [6] is a hybrid decentralized exchange of tokens and derivatives. All assets are controlled and exchanged through smart contracts, and integration with Kyber [7] enables the platform to gain access to large amounts of liquidity to start the exchange.

Dexbrokerage [6] is a hybrid decentralized exchange of tokens and derivatives. All assets are controlled and exchanged through smart contracts, andKyber integration [7] enables the platform to obtain large amounts of liquidity to launch exchanges.

_ Dex brokerage user interface _

_ Dex brokerage user interface _

New wallets, games and business integration

With Enjin partnering with Samsung and the launch of the new phone, the Galaxy S10, we are pleased to see another large handset maker using Kyber [8] to provide tokens to its users. HTC's Exodus phone is equipped with a Zion Vault encrypted wallet, which integrates directly with Kyber smart contracts, allowing users to exchange one token for another.

Kyber [8] provides token exchange services for its users. HTC's Exodus phone is equipped with a Zion Vault encrypted wallet, which integrates directly with Kyber smart contracts, allowing users to exchange one token for another.

PandaX [9] is an Ethernet wallet developed by LinkTime that provides encrypted news subscriptions and token exchange services implemented by Kyber.

PandaX [9] is an Ethernet wallet developed by LinkTime that provides encrypted news subscriptions and token exchange services implemented by Kyber.

PandaXStore [10] is a user-friendly online store where users can use ERC20 tokens to buy tickets, e-books and other virtual items.

PandaXStore [10] is a user-friendly online store where users can use ERC20 tokens to buy tickets, e-books and other virtual items.

Battle Racers [11] is an arcade game where users can make racing model cars on Decentraland. Cars are irreplaceable and can be upgraded with unique parts, and all game products can be purchased through ERC20 tokens (through the integration of Kyber).

Battle Racers [11] is an arcade game where users can make racing model cars on Decentraland. Cars are irreplaceable and can be upgraded with unique parts, and all game products can be purchased through ERC20 tokens (through the integration of Kyber).

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

Battle Racers user interface

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

BTEGA

BTEGA

BTEGA [12] is an e-commerce platform that sells computer accessories, high-end watches and skin care products. It merges with Kyber's Woo Commerce [13] plug-in [14], allowing users to pay for goods in a variety of ERC20 tokens.

BTEGA [12] is an e-commerce platform that sells computer accessories, high-end watches and skin care products. It has something to do with Kyber'sWoo Commerce [13] plug-inIntegration [14] allows users to pay for goods in a variety of ERC20 tokens.

BTEGA home page interface

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

Highlights of independent developers

With the strong recommendation of independent developers this month, we would like to introduce Hammad [15], a friend of Kyber, a longtime supporter and a true Kyberian. Hammad established dswaps.com [16], a decentralized exchange based on Kyber, and one of the first exchanges to allow the deployment of exempt orderable reserves.

Hammad [15], a friend of Kyber and a longtime supporter, is a true Kyberian. Hammad establishedDswaps.com [16], a decentralized exchange based on Kyber, was one of the first exchanges to allow the deployment of exempt orderable reserves.

Hammad has also built Crypto 9, a tool that allows you to manage your dex on IPFS nodes (winning an open category award on EthSingapore), and dArbitrage, an application that allows you to easily arbitrage between Kyber and Bancor directly through iPhone (best topic category award in EthSanFrancisco).

Hammad (second from left) with EthSingapore's Kyber team

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

The CryptoManiacs team we introduced last month partnered with Kyber at # EthNewYork in May and developed a tool to split large orders from Kyber and multiple other DEXs. This helps ease the high slip that can occur when trying to place a single order worth tens of thousands or hundreds of thousands of dollars.

We would also like to take this opportunity to express our gratitude to all independent developers, teams and partners for meeting us last month at blockchain week in New York and at events around the world. It's amazing to talk to you face to face, to hear for yourself what you think and experience with Kyber, and to connect. We are lucky to be able to work with you in this field.

We were particularly pleased to co-host the New York encrypted Asset Party with MyEtherWallet, Set Protocol and dYdX.

Find your favorite project

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

Reserve fund manager

It is always interesting to observe the growth or contraction of reserve fund managers (RM) in a given month, as it reflects the demand for tokens they serve. The huge growth from Oasis RM this month is a case in point. Oasis Asset Management absorbs asset flows for DAI and MKR from the Oasis asset pool (the Oasis asset pool also funds Eth2Dai), while strong demand for DAI in DeFi DApp (, that is, CDP Saver and NUO, has soared from $5.3 million to $12.6 million a month.

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

_ Welcome to tracker kyber network [17] to learn more about Kyber reserves statistics _

_ Welcome toLearn more about statistics on Kyber reserves at tracker kyber network [17]

Judging from the type of reserve manager, we find that most of the trading volume comes from DEX Bridge reserves. Among them, the smart contract acts as a liquidity bridge between KyberNetwork and other DEX (Uniswap, Oasis, Dutchx).

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

销毁 100 万枚 KNC 的 Kyber Network 还做了些什么?

KNC 1 million milestone

The reserve manager uses KNC as the network cost. These KNC costs are then destroyed (30 per cent of which are shared with the exchange initiator. That is, Nuo, Battle Racer or anyone who facilitates the exchange)

In May, we finally collected and destroyed our millionth KNC tokens! The rate of destruction has indeed accelerated over the past few months, and we look forward to destroying 1 million KNC in a shorter period of time.

Summary

In general, we feel highly encouraged by the growth in the number of assets and the diversity of DAPP and services connected to the Kyber network.

We are working to bring liquidity to every corner of the Ethernet Square ecosystem and look forward to expanding it in the broader blockchain area.

[1] CDP Saver: https://cdpsaver.com/ [2] Coinected: https://coinected.io/ [3] Integration: https://medium.com/@coinected.io/coinected-io-eada9bdea139 [4] Fabr.x: https://www.fabrx.io/ [5] Integration: https://medium.com/fabrx-blockchain/fabrx-adds-kyber-network-into-their-web-3-0-adaptor-library-320c7e2baa6d [6] Dexbrokerage : https://dexbrokerage.com/ [7] Integration: https://medium.com/dexbrokerage/dex-brokerage-integrates-with-kyber-network-43d762c81ee [8] uses Kyber: https://blog.kyber.network/htc-exodus-integrates-kyber-for-decentralized-token-swaps-8d6415470b38 [9] PandaX: http://pandax.tech/ [10] PandaXStore: https://pandaxstore.com/ [11] Battle Racers: https://battleracers.io/ [ 12] BTEGA: http://btega.com/ [13] Woo Commerce: https://developer.kyber.network/docs/WidgetWooCommerce/ [14] Fusion: https://www.ccn.com/e-commerce-platform-btega-to-accept-crypto-currency-payments-for-purchases [15] Hammad: http://twitter.com/hammadtariq [16] dswaps.com: http://dswaps.com/ [17] tracker.kyber.network: https://tracker.kyber.network/

Source link: blog.kyber.network

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