/biz/ - Business & Finance

it's a pretty decent project, yeah. wouldnt buy today as it's still retracing today's pump. ~15% down from here is decent buy zone to maximize profits

hold a stack of 10k just in case.

>>13643556

I've already been in since before the pump, I'm just surprised why it's never talked about.

I personally don't think it's going to retrace, there's too much positive news coming up, not to mention all the positive news during the bear that was ignored.

I want someone to FUD the project just in case I'm missing something, but to me it looks completely unFUDable and addresses a need that's only going to grow in demand.

What am I missing?

It’s good project but people aren’t going to buy the token because it won’t make them money. Nobody uses DEXs. Everyone uses Binance, and currently, people buy BNB coin in hopes of appreciation

it’s not a dex it’s a fucking useless swapper
you can’t trade there cuz it’s spread will destroy your ass
only useful to swap tokens for $30-50 that you are lazy to send to an exchange

>>13643518

Decent project, but has limited scope, limited upside potential, and like all altcoins - it's massively overvalued.

They have no revenue, they should be valued at less than a million.

>>13643708

Maybe I'm in the minority but I use DEXs, I mostly use swap tools that use Kyber under the hood (mainly MEW and kyberswap).

Maybe it's because I use my ledger and find the whole thing easier than binance, though I do have a small stack currently locked in binance at the moment, I'm withdrawing as soon as I can and never using again, the spreads might be better, at the moment but the risk just isn't worth it.

>https://chainactivity.io/kyber-network/insights

>https://blog.kyber.network/ (latest posts are good)

>>13643831
every one with a brain is taking ther money of binance. ITs fucking retarded that they get "hacked" every time something happens in the market

>>13643825

Token burn + reserve costs/fees + permissionless orderbook reserves + governance (near future)

Those are the uses for KNC off the top of my head, they don't just aim to be the liquidity protocol for ETH either, their updated goals (they've already got their old ones) is to be the base liquidity protocol for all smart contract platforms across chains.

And they're making good progress too.

Plus with Chainlink oracle network plus DAI becoming more mature, the applications of the liquidity protocol become exponential.

>They have no revenue

If I wanted more boomer stocks I'd buy more, there isn't supposed to be a centralized authority making revenue in a decentralized landscape.

Please bring A-game FUD

>>13643874

And that's my point, there's more phones integrating built in crypto wallets, and more apps to exchange between wallets, surely as people move away from centralised exchanges their going to be using DEXs, which have always had a liquidity problem that kyber solves.

Have a look at the iOS kyber swap adoption from their blog post, regardless of the app, they'll all have a liquidity problem. Even binance can set up a reserve on kyber and start making money themselves in the decentralized landscape.

They'll all be using the kyber protocol under the hood.