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Kyber Network is a liquidity protocol hub that combines liquidity from several sources to provide secure and instant transactions on any decentralized application (DApp). Kyber Network's major purpose is to provide easy access to liquidity pools to DeFi applications (DApps), decentralized exchanges (DEXs), and other users.Projects can be built on top of Kyber to take advantage of all of the protocol's features, including token settlement, liquidity aggregation, and a customized business model.The Kyber Network Crystal (KNC) token is a utility token that serves as the "glue" that holds Kyber's ecosystem together. By staking the KNC tokens in the KyberDAO to help administer the platform and vote on critical proposals while also earning staking rewards.