Kyber Network and Mercurial Finance Collaboration
Mercurial Finance will be collaborating with Kyber Network, a fully on-chain liquidity protocol for seamless token swap. Through this collaboration, Kyber will explore and experiment with new capital efficient and dynamic fees strategies by leveraging the unique attributes of Solana blockchain and ecosystem. The collaboration will also gives benefit to Mercurial Finance through Kyber research and deveolpment as it continue to improve its Dynamic Market Maker protocol.
Mercurial Finance is a dynamic vaults for stable assets on Solana, focused on low slippage swaps and maximizing capital utilization.
Alongside with this report, Mercurial also received an investment funds from certain bigtime cryptocurrency projects like Alameda Research, Solana Ecosystem Fund, OKEx and Huobi.
In addition, Mercurial Finance will be launching its initial exchange offering(IEO) on FTX launchpad on 13th May 2021.
ABOUT Mercurial Finance
Mercurial Finance is a dynamic vaults for stable assets on Solana that is focused on low slippage and maximizing capital utilization
ABOUT Kyber Network
Kyber Network is a blockchain-based liquidity protocol that aggregates liquidity from a wide range of reserves, powering instant and secure token exchange in any decentralized application
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