Hassan Maishera
The Kyber Network team announced via X (formerly Twitter) on Tuesday that its KyberSwap exchange will be expanding to the Scroll ZKP blockchain. Scroll is a scalable Layer 2 blockchain that extends Ethereum's capabilities, enabling apps to scale without any surprises.
With KyberSwap’s capabilities on Scroll, early adopters can enjoy capital-efficient liquidity and powerful aggregation safely & securely. Furthermore, Kyber Network has crafted a comprehensive roadmap, detailing every step of its activities on Scroll.
As part of their expansion, the team will also be launching Elastic Farms, designed to optimise earning strategies and elevate users’ farming experience.
Kyber Network is an on-chain liquidity protocol that aggregates liquidity reserves to allow instant and secure token exchange in multiple decentralized applications (dApps). KNC, the native token of the Kyber Network, is up by 4% in the last 24 hours and currently trades at $0.688.
