Kyber White Paper introduction
Kyber Network is connecting the fragmented tokenized world by enabling instant and seamless transactions between platforms, ecosystems and other use cases.
Kyber is a decentralized liquidity network that anyone can tap into for a wide variety of inter-token use cases. For example, vendors are able to accept payments in multiple tokens on their e-commerce platforms yet receiving in their preferred token. In addition, dApps can allow users who are not their token holders to utilize their platform and services with other tokens, and decentralized financial projects have the means to rebalance their portfolio instantly.
Open protocol to allow both contribution of liquidity sources and ultilising the on-chain liquidity pools for many different applications
Liquidity is in turn facilitated through an open reserve architecture that allows anyone to contribute their idle token assets to our decentralized central liquidity pool and earn from the spread in every transaction. These tokens become available for use across any platform that taps into the network, making them instantly more liquid and useful.