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A Notable Surge in KNC Staking Makes Kyber Network New DeFi Star

Kyber Network’s fame in the DeFi markets is rising day by day. The network has become a new DeFi star after witnessing a notable surge in the staking of its KNC token. KNC staking rises after the network upgrade Recently, the Kyber Network launched its long-awaited network upgrade and announced the staking of KNC as well along with it. The upgrade of the Katalyst protocol was gone live on the 7th of July on the mainnet of the network. The network also introduced a decentralized protocol KyberDAO allowing users to stake their KNC token onto it. By staking their coins…

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