Kyber Network Crystal (KNC) is the native token of the KyberSwap trading platform, which fuels the Kyber Network's operations. KNC is an Ethereum-based token associated with the Kyber Network, a decentralized exchange.

KyberSwap is deployed on multiple chains such as Ethereum, Polygon, Binance Smart Chain, and Avalanche. The exchange aims to make trading easier for its users by aggregating the best swap rates. Users of the Kyber Network are allowed to vote on all governance proposals related to the future of the network by staking their KNC assets or delegating their votes to a third-party platform.

KNC/USD Price on ReHold

With the use of Chainlink, a decentralized price oracle, ReHold determines the price of KNC/USD, just like it does for every other cryptocurrency. Its mission is to ensure that the price is accessible and trustworthy. Using Chainlink, ReHold minimizes the risk of manipulation or central control, making it a reliable source for token price information.

How to Earn Passive Income on KNC

ReHold is a decentralized finance platform that offers an outstanding earning method known as Dual investments. This allows users to participate in the investment by staking their KNC token and earning up to 120% on pairs like KNC/USDT, KNC/DAI, and KNC/USDC. By participating, users can earn passively and also contribute to the token’s liquidity.

Kyber Network Crystal (KNC) Price Prediction

Like other tokens out there, the price of KNC depends on several factors making it challenging to predict — factors like the token demand and supply, the utilization of the network in the real world, and distribution. However, the development of KyberSwap will be a strong determinant for KNC to soar higher. Historically, innovations such as the launch of the dynamic market maker (DMM) protocol in 2021 and the automated market maker (AMM) Elastic protocol in 2022 had a ripple effect on KNC price. If similar innovations are introduced, the growth of KNC could be exponential.

KNC Value

The value of KNC is linked to its entire ecosystem's functionality, from staking to its utility in facilitating activities within KyberSwap and Kyber Network. This entire chain of activities contributes to the net impact of KNC’s value. It also adds to the demand and supply of KNC as well.

120% APR on KNC Duals

An excellent way to earn KNC is by using ReHold's innovative earning method. Through this unique earning solution, you can earn up to 120% APR on KNC Duals on pairs like KNC/USDT, KNC/DAI, and KNC/USDC.

How to Earn 120% APR on KNC

If you're interested in earning passive income on KNC, ReHold offers a unique DeFi earning solution. You can earn a 120% APR on pairs such as KNC/USDT, KNC/DAI, and KNC/USDC using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to try it out:

Connect your wallet Open the ReHold App and connect your web3 wallet.You can use any web3 wallet that supports chains like BNB, Polygon, Avalanche, Optimism, and Arbitrum.
Choose the KNC Dual asset Select the dual you need: KNC/USDT, KNC/DAI, and KNC/USDC. You can start a dual investment with each token of the pair.
Choose a staking period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive.
Choose the start token Select the start token and the amount you want to invest. You can use the Kyber Network Crystal token (KNC), USDT, or USDC of the dual asset.
Approve the token To start a dual investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token.
Start your Dual Click “Start Now” to create your KNC dual and receive your reward after the staking period. That's all! Your Dual is created, and at the end of the staking period, you can take your assets back to your wallet or open a new Dual. Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically start when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.