$KNC is the native token of the Kyber Network, a platform that enables decentralized cryptocurrency exchanges based on smart contracts. The #Kyber Network aims to provide liquidity for decentralized applications (dApps), exchanges, and other users by facilitating fast and secure token exchanges without intermediaries.

With $KNC , users can participate in the governance of the platform, pay fees, and also receive rewards for providing liquidity. #KNC holders can also participate in the staking process by voting on proposals for the development of the ecosystem. #Kyber Network is actively developing, introducing new features such as the KyberDAO, which allows $KNC holders to participate in the governance of the network and make decisions affecting its future development.