What makes KNC Token special?
The KNC token is unique as it functions as the backbone of the Kyber Network, a decentralized finance (DeFi) platform that enables the seamless exchange of digital assets without the need for intermediaries. It serves a dual purpose: facilitating governance through voting on network upgrades and development proposals, and as a staking token to secure and operate the network. This makes KNC integral to maintaining the efficiency and security of the Kyber Network's operations, while empowering its holders to help steer the protocol's future.