This article was first published on Kyber Network - Medium
Kyber Ecosystem Report #16 — Katalyst Launch Special
Hello fellow Kyberians,
After 6 months of coffee-fueled hard work, weekly zoom meetings, and late night coding here we are on the eve of Katalyst’s launch. The excitement we’re feeling right now reminds us of our Kyber Network launch back in February 2018. We trusted the potential of our ideas, we knew we had a great team that could build our vision, and we couldn’t wait to execute on this vision. Two years on, we are ready to repeat this process once again and take Kyber to the next level of decentralization and growth.
So what happens next? As of tomorrow, with the deployment of the new Kyber smart contracts and the start of epoch 0 any KNC holder can stake their KNC in the KyberDAO. Governance voting will start a week later with epoch 1 and rewards to voters will be distributed two weeks after that with the start of epoch 2. Don’t worry if you’re not familiar with the various terms used here or are unsure of the timelines, we’ve written a guide to walk you through everything that’s happening in the next few days and months.
Great, so where do I stake?
Making the KyberDAO as easy as possible for you to participate in has always been a priority for us and over the last few months we’ve been working together with various teams to make this happen. We now have multiple ways to participate based on what flavour of participation a KNC holder would like to go for. Options range from simple and direct staking on Kyber.org, to using community-led pool masters who vote on your behalf and distribute the rewards to you, to using professional staking-as-a-service providers.
We’ve summarized the various options below (note: this is not an exhaustive list and ...
To keep reading, please go to the original article at:
Kyber Network - Medium