With over 100 DAPPs integrated, more than $7 billion of trading volume, and more than $80 million of locked liquidity, KyberSwap is a serious player in the crypto market and a welcome addition to Magic Square.
Magic Square and KyberSwap are a great match at every level. With Magic Square’s seamless integration of every major wallet, users can easily access Kyber’s extensive network of exchanges to always guarantee the best exchange rates.
Magic Square + KyberSwap
With Magic Connect, it’s never been easier to access all of your crypto assets in one place. Additionally, thanks to the use-to-earn model, users are rewarded just for doing what they’re already doing — trading. By using KyberSwap’s lowest-anywhere exchange rates, Magic Square users can make even more trades to even more SQR tokens (Magic Square’s governance token).
If you’re looking to get the most out of your crypto trades, KyberSwap represents one of the best options anywhere. Now that they’ve teamed up with Magic Square, users can get the widest access to all of their favorite crypto DAPPs in one place.
KyberSwap is one of the fastest-growing DeFi platforms out there. Generally, they’re looking to build an alternative to more traditional exchanges allowing users to more easily and cheaply buy and sell crypto assets.
One of the biggest aspects of KyberSwap that sets it apart from other services is that, instead of being operated by a single overarching entity, KyberSwap’s exchange is powered by AI, a distributed network of software users, and the Ethereum blockchain.
To that end, the KyberSwap team has custom-built three unique and powerful tools designed to run on Ethereum. Firstly, they’ve created an entirely new protocol for decentralized exchange. Secondly, KyberSwap offers an integrated API for asset conversions. Lastly, they have created their own KNC token to allow users to govern the platform’s maintenance and operation.
Combined, these tools have helped KyberSwap to become one of the best places for users to swap crypto assets without the need for a central order book or operator. On Kyber, conversion rates for any available assets are built straight into the protocol itself. This means that users only pay fees in ether (ETH) for executing trades. These then settle on Ethereum.
KyberSwap is a multi-chain crypto trading and liquidity platform aimed at connecting liquidity from different sources to provide users with the best rates and fastest transfers. KyberSwap lets users swap, earn, and govern in the DeFi sector with no limits.
About Magic Square
Magic Square is a DAO that simplifies Crypto.
Users can discover dApps, CeFi and DeFi, NFTs, Games, and much more in one place with an intuitive design.
This is a Web3 solution where the community vets, ranks, and prioritizes the apps via a DAO mechanism with clear earning metrics to incentivize the participation of validators, creators, and users.
Users can access all of the community vetted content with one click using the Magic Connect (Decentralized ID). This multi-chain wallet solution aims to become the Web3 alternative to Google or Apple connect.