Kyber Network introduces Uber-style surge pricing for DeFi token swaps

Kyber Network introduces Uber-style surge pricing for DeFi token swaps

Dynamic fees will improve capital efficiency on the new DMM. Decentralized exchange Kyber has launched a Dynamic Market Maker, or DMM, in what it claims is a world first.The new platform, which was announced on April 5, has been designed to optimize fees and enable extremely high capital efficiency for liquidity providers.One of the major differences between Kyber’s new platform and regular Automated Market Makers, or AMMs, is the fee generation system. While platforms such as Uniswap charge a fixed trading fee of 0.3%, the new DEX will calculate fees dynamically, increasing during times....


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