Carbon partners with Kyber
Carbon partners with Kyber Network to integrate with KyberSwap. The partnership also aims to enhance liquidity for $SWETH on Arbitrum. Kyber Network is a multi-chain crypto trading and liquidity hub that connects liquidity from different sources to enable trades at the best rates.
KyberSwap is a decentralized exchange (DEX) aggregator. It provides its traders with the best token prices by instantly analyzing rates across thousands of exchanges.
KyberSwap is also an automated market maker (AMM) with industry-leading liquidity protocols and concentrated liquidity. Liquidity providers can add liquidity to their pools & earn fees!
Carbon is a decentralized cross-chain financial protocol built atop Cosmos-SDK. Engineered by Switcheo Labs, Carbon is designed specifically to support scalable and secure trading of derivatives and sophisticated financial instruments such as options, futures, and bonds.
Carbon also acts as a building block for cross-chain DeFi by bridging the Cosmos and Ethereum ecosystems, allowing for cross-chain money markets and permissionless listing of tokens from IBC, EVM, and non-EVM chains.
CARBON: The Core of Decentralized Finance Market
The carbon element is the universal building block of life and the most abundant element in the world. Similar to how it binds and connects with other elements to form the compounds that make up all of life on earth, the Carbon protocol aims to sit at the core of various ecosystems in the multi-chain world, connecting and breathing life into them.
Carbon mirrors three integral properties of the carbon element that make it vital to live – it is highly connective, versatile, and stable.
CARBON TOKEN
SWTH is the native cryptocurrency and governance token of the Carbon blockchain. It is a Layer 2 protocol powering cross-chain financial markets and infrastructures.
SWTH’s primary utility is to secure the Carbon protocol via a proof-of-stake (POS) system. To participate, validator nodes requires to stake SWTH and in return, they get epoch rewards and fees.
ABOUT Kyber Network
Kyber Network is a multi-chain crypto trading and liquidity hub that connects liquidity from different sources to enable trades at the best rates
ABOUT Carbon
Carbon’s vision is to empower open financial markets and provides the necessary tools for anyone to launch their own decentralized paradigms.