{"id":30665,"date":"2020-10-25T13:53:52","date_gmt":"2020-10-25T11:53:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30665"},"modified":"2025-08-27T23:26:01","modified_gmt":"2025-08-27T20:26:01","slug":"kyber-network-launches-platform-to-build-on-chain-markets","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kyber-network-launches-platform-to-build-on-chain-markets\/","title":{"rendered":"Kyber Network launches platform to build on-chain markets"},"content":{"rendered":"<p>The Kyber Network protocol developers have launched a framework designed to simplify the creation of on-chain markets with participation from professional liquidity providers.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">1\/ We\u2019re excited to announce the launch of KyberPRO, an end-to-end framework for professional market makers to easily onboard to <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&#038;ref_src=twsrc%5Etfw\">#DeFi<\/a> and run a profitable on-chain operation with minimal smart contract knowledge required. Learn more: <a href=\"https:\/\/t.co\/wysXJT85fn\">https:\/\/t.co\/wysXJT85fn<\/a> <a href=\"https:\/\/t.co\/JirNgqSD1S\">pic.twitter.com\/JirNgqSD1S<\/a><\/p>\n<p>\u2014 Kyber Network (@KyberNetwork) <a href=\"https:\/\/twitter.com\/KyberNetwork\/status\/1319323190116560897?ref_src=twsrc%5Etfw\">October 22, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the statement, KyberPRO provides a liquidity system, tools, documentation and technical support to ease entry into DeFi for professional market makers.<\/p>\n<p>In the view of the Kyber Network team, the latest could bring &#8220;significant liquidity and value&#8221; to the space. To achieve this, a suitable framework is needed, as the order book traditionally used by centralised exchanges is inefficient on-chain, and automated market makers (AMMs) are not suitable, the developers say.<\/p>\n<p>They described KyberPRO as &#8220;a comprehensive platform for professionals that enables easy onboarding to the network and to conduct profitable market activity with minimal smart-contract knowledge&#8221;.<\/p>\n<p>In June, the Kyber Network developers rolled out the Katalyst upgrade, and KNC token holders gained staking. In the first 24 hours, almost 6% of the circulating supply was locked in the protocol. The figure now stands at more than 26% (<a href=\"https:\/\/www.stakingrewards.com\/earn\/kyber-network\" target=\"_blank\" rel=\"noopener noreferrer\">StakingRewards<\/a>).<\/p>\n<p>Follow Forklog&#8217;s news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kyber Network protocol developers have launched a framework designed to simplify the creation of on-chain markets with professional liquidity providers.<\/p>\n","protected":false},"author":1,"featured_media":30666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,1416],"class_list":["post-30665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-kyber-network"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=30665"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30665\/revisions"}],"predecessor-version":[{"id":30667,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30665\/revisions\/30667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/30666"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=30665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=30665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=30665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}