Kyber's flexible reserve system enables developers to create new reserve models to be deployed to provide liquidity for a wide range of unique #DeFi use cases.
We're launching a Reserve Innovation Program with up to 💰100K in grants for selected projects! blog.kyber.network/kyber-reserve-…
We're launching a Reserve Innovation Program with up to 💰100K in grants for selected projects! blog.kyber.network/kyber-reserve-…
1/ Reserves are liquidity sources on Kyber. Once a reserve is deployed to mainnet, it needs to be added to the network by the @KyberDAO. When a taker requests a trade, the protocol will scan the entire network to find the reserve with the best price and take liquidity from it. 
2/ Kyber’s reserve system is the only proven liquidity system flexible enough to cater to different #DeFi use cases E.g. the FPR model for professional market makers, APR for token teams to provide liquidity in a capital efficient manner (much higher capital efficiency than AMMs)
3/ We believe that the potential for new reserve models is limitless, and creating new reserve models for more unique use cases will benefit the entire #DeFi space!
New ideas include:
🔹New enhanced AMM models
🔹Initial DEX Offering (IDO) reserve models
🔹OTC-style reserve models
New ideas include:
🔹New enhanced AMM models
🔹Initial DEX Offering (IDO) reserve models
🔹OTC-style reserve models
4/ ✅Why create a Kyber Reserve?
A) Kyber’s flexible and fully on-chain design allows for fully transparent transactions, as well as seamless composability with DeFi DApps, which require intricate smart contract interactions. This is not possible with off-chain / hybrid systems.
A) Kyber’s flexible and fully on-chain design allows for fully transparent transactions, as well as seamless composability with DeFi DApps, which require intricate smart contract interactions. This is not possible with off-chain / hybrid systems.
4/ B) Kyber is one of the most used #DeFi protocols, integrated by all major aggregators. By creating and deploying a new reserve and providing liquidity, you can market make for profit and get exposure to 100+ DApps. Kyber is battle-tested, successfully facilitating over $2Bn!
5/ Kyber’s 💰$100,000 Reserve Innovation Program aims to incentivize developers to build new liquidity models using Kyber’s flexible reserve system and enhance liquidity in the #DeFi space! Each grant recipient may be awarded up to $20,000 worth of KNC, subject to T&Cs.
6/ Other Program Benefits
✅Kyber will collaborate with applicants by designing the reserve model together, helping with internal audits.
✅Grant recipients are able to receive mentorship from the Kyber team.
✅Selected reserve models will receive marketing support from Kyber.
✅Kyber will collaborate with applicants by designing the reserve model together, helping with internal audits.
✅Grant recipients are able to receive mentorship from the Kyber team.
✅Selected reserve models will receive marketing support from Kyber.
7/ Many popular #DeFi teams that built with Kyber went on to achieve success and add value to the space incl. @Instadapp (ETHIndia Winner), @zapper_fi (#KyberDeFi Hackathon Winner), @gelatonetwork (#KyberDeFi Hackathon Finalist) & @1inchExchange (@ETHGlobal Kyber Bounty Winner)
8/ Liquidity provision in #DeFi is ripe for innovation. AMMs provide just 1 template and is only a tiny glimpse of DeFi’s full potential. Kyber’s flexible reserve system will introduce many exciting liquidity models that were not possible before. Details: developer.kyber.network/docs/Reserves-…
9/ To enhance liquidity and capture greater value, it's imperative that developers in the #DeFi space can create new liquidity systems catered to different needs. Kyber will be the cradle for such liquidity innovation. 🚀Create a new Reserve model now: blog.kyber.network/kyber-reserve-…
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