KyberDAO allows KNC token holders to play a critical role in determining the incentive system, building a wide base of stakeholders, and facilitating economic flow on KyberSwap. Together, KNC holders can chart the future direction of Kyber.
We aim for KyberDAO to serve 3 key groups of Kyber stakeholders:
- KyberSwap liquidity providers and partners
- Dapps/traders who connect to Kyber to use its liquidity
- KNC holders who are at the heart of Kyber
Participating in the KyberDAO allows you, a Kyber community member, to help contribute towards the success of the project.
In return, you are able to earn KNC rewards for your efforts, with rewards coming from a portion of network fees collected through trading activities on KyberSwap. As more trades are executed and new protocols added, more rewards are generated.