This article was first published on Kyber Network - Medium
We’re happy to announce that Matic Network will be running an Automated Price Reserve for the MATIC token on Kyber Network!
The MATIC token will be accessible through KyberSwap and other DApps and platforms that are powered by Kyber’s on-chain liquidity protocol — the most popular #DeFi protocol in terms of number of users and integrations.
To date, Kyber Network collectively supports over 70 ERC20 tokens. Learn how to buy/sell ERC20 tokens on KyberSwap with our basic guide.
Listing information for MATIC
- Listing date: Wed, 26th Aug, 2020
- Listing time: 9 PM (GMT+8)
About Matic Network
Matic Network brings massive scale to Ethereum using an adapted version of Plasma with PoS based side chains. Matic enables scalable and instant blockchain transactions. The Matic team is passionate about decentralization and better products. The current decentralized eco-system lacks usability and convenience. Decentralized transactions are slow, expensive and complex. Matic aims to change this by leveraging a combination of blockchain scaling, developer platform and tools, and a focus on user experience.
Decentralized Apps are making huge progress but the current blockchain ecosystem is not prepared to scale as per the demand. The issues of slow block confirmations and high gas fees need to be solved to target mass adoption by mainstream users. And most importantly, it needs awesome user experience. Matic aims to change that by simplifying the interaction between users and the decentralized world. Matic wants to make interacting with the decentralized ecosystem so easy that anyone can do so without worrying about the complexity of the system.
Matic Network solves the above problems by building a decentralized platform using an adapted version of the Plasma framework that provides a solution for faster and extremely low-cost transactions with finality on the main chain.The system ensures liveliness using PoS checkpoints which are pushed to the Ethereum ...
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Kyber Network - Medium