AVALANCHE RUSH PHASE 3 BEGINS AS KYBERSWAP CELEBRATES PARTNERSHIP WITH AVALANCHE

Avalanche enthusiasts, get ready! The top smart contract blockchain platform, Avalanche, celebrates one year of partnership with KyberSwap along with the commencement of phase 3 of Avalanche Rush. To commemorate these important milestones, Avalanche has also put forward $2 million as reward incentives to its users.KyberSwap is rolling out the red carpet for Phase 3 of Avalanche Rush, a liquidity mining program designed to reward users and boost the Avalanche ecosystem. Avalanche fans can rejoice as KyberSwap begins the second phase of liquidity mining with $1 million in rewards. Avalanche s 2nd Rush phase launches on KyberSwap: $1M in mining rewards EcosystemThis exciting new phase, commencing on September 26th, marks a significant milestone: the one-year anniversary of the fruitful partnership between KyberSwap and the Avalanche Foundation.To commemorate this occasion and further incentivize participation, a staggering $2 million in rewards awaits liquidity providers across 17 different farms.This initiative builds upon the success of previous phases, which have already generated substantial growth in total value locked (TVL) and trading volume for KyberSwap on the Avalanche network. UPDATE: DMM has now rebranded to KyberSwap.com! Learn more. Kyber Network is bringing KyberSwap, DeFi s first multi-chain dynamic market maker protocol, to the Avalanche network! Kyber is also collaborating with the Avalanche Foundation on a US$5.8 million liquidity mining campaign as part of the Avalanche Rush program.Phase 3 promises even more opportunities for users to earn while contributing to the overall health and vibrancy of the Avalanche DeFi space.This is an opportunity to dive into DeFi, secure attractive rewards, and be a part of the future of decentralized finance on Avalanche.

A Year of Collaboration: KyberSwap and Avalanche

The partnership between KyberSwap and Avalanche has proven to be a powerful force in the DeFi landscape. Avalanche Rush Phase 3 kicks off with $2 Million in rewards as KyberSwap celebrates 1 year Avalanche Rush Phase 3 begins on KyberSwap Elastic with over $2,000,000 in total rewards! .It all began a year ago with a $5.8 million liquidity mining campaign as part of the initial Avalanche Rush program. Singapore September 26th KyberSwap and Avalanche have been working together for the past year, and it all started with a US$5.8 million liquidity mining campaign as part of our Avalanche Rush program. Since then, the partnership has boosted KyberSwap s total value locked and Total Trading Volume by over $61 million and $10 billion, respectively.More rewards are currently beingThis initial collaboration laid the foundation for significant growth, leading to impressive figures:

• Over $61 million in Total Value Locked (TVL)
• More than $10 billion in Total Trading Volume

These numbers demonstrate the immense impact of the collaboration in providing enhanced liquidity and attractive rates within the Avalanche's DeFi ecosystem. KyberSwap, the main decentralized exchange interface on the network, now offers trading across ten separate networks including Ethereum, Avalanche, Polygon, BNB Smart Chain, Aurora, ArbitrumNow, as they celebrate their first anniversary, both teams are doubling down on their commitment to fostering a thriving DeFi community.

Avalanche Rush Phase 3: What's in Store?

Phase 3 of Avalanche Rush is designed to be even more rewarding than its predecessors. Phase 3 of Avalanche Rush, avalanche foundation hosted by KyberSwap, will begin on September 26. 17 farms will offer YOU up to $2 MILLION in prize incentives! Phase 3 s first stage will reward liquidity providers with over $250,000 in governance token KNC and AVAX liquidity mining prizes.Here’s a breakdown of what you can expect:

• $2 Million in Rewards: A total of $2 million in incentives is allocated to liquidity providers.
• 17 Farms: The rewards will be distributed across 17 different farming pools, offering a diverse range of earning opportunities.
• KyberSwap Elastic: Phase 3 is launching on KyberSwap Elastic, KyberSwap’s concentrated liquidity AMM.

The program’s initial stage is already underway, and liquidity providers can immediately start earning. Read stories about Kyberswap on Medium. Discover smart, unique perspectives on Kyberswap and the topics that matter most to you like Defi, English, Featured, Chinese, Kybernetwork, Trading ContestThe initial allocation includes over $250,000 in KNC (Kyber Network Crystal) and AVAX liquidity mining rewards, with even more incentives planned for subsequent phases.

How to Participate in Avalanche Rush Phase 3

Participating in Avalanche Rush Phase 3 is straightforward.Here’s a step-by-step guide:

1. Choose a Farm: Explore the available farming pools on KyberSwap Elastic and select one that aligns with your investment strategy. Avalanche is an open, programmable smart contracts platform with high throughput and near-instant transaction finality. Its high performance has led Avalanche to become a popular, rapidly growing venue for DeFi Dapps and NFTs. Built on the Avalanche platform, Kyber Network is looking to create a world where any token can be used anywhere. KyberSwap.com, the premier Decentralized Exchange (DEXConsider factors like the specific tokens involved, the APY (Annual Percentage Yield), and your risk tolerance.
2. Provide Liquidity: Deposit the required tokens into the chosen farming pool to become a liquidity provider.You'll receive LP tokens representing your share of the pool.
3. Stake Your LP Tokens: Stake your LP tokens on the KyberSwap platform to start earning rewards.
4. Claim Your Rewards: Regularly claim your earned KNC and AVAX rewards.

Remember to carefully research each farming pool before committing your funds.Understanding the potential risks and rewards is crucial for responsible participation in DeFi.

Amplifying Yield Potential with Frax Gauges

KyberSwap is always innovating to enhance user experience and maximize yield potential. Commencing on 26th Sept, KyberSwap is hosting Phase 3 of Avalanche Rush, with 17 farms bringing Avalanche liquidity providers up to $2 MILLION in reward incentives. The first stage of Phase 3 is set to bring liquidity providers over $250,000 in KNC, and AVAX liquidity mining rewards, with more incentives, are planned to come over the next phases.One notable example is the integration of Frax Gauges. Read writing about Avalanche in Kyber Network. Kyber Network is a blockchain-based liquidity hub that connects liquidity from a wide range of sources to power instant and secure crypto exchange inFrax Gauges allow users to vote on which pools receive increased FRAX rewards, further incentivizing liquidity provision in specific areas. Blog Kyber News Collaboration. Collaboration News. Amplifying Yield Potential with Frax Gauges KyberSwapThis dynamic system empowers the community and optimizes capital allocation within the KyberSwap ecosystem.

KyberSwap: A Leading DEX on Avalanche

KyberSwap has established itself as a premier Decentralized Exchange (DEX) interface on the Avalanche network.Here's what sets it apart:

• Multi-Chain Support: KyberSwap operates across ten different networks, including Ethereum, Polygon, BNB Smart Chain, Aurora, and Arbitrum.
• Dynamic Market Maker (DMM) Protocol: KyberSwap's DMM protocol dynamically adjusts fees based on market conditions, optimizing trading efficiency.
• User-Friendly Interface: KyberSwap offers an intuitive and easy-to-navigate platform for both novice and experienced DeFi users.

KyberSwap continues to innovate and expand its offerings, solidifying its position as a leading DEX in the rapidly evolving DeFi landscape.With its commitment to security, efficiency, and user experience, KyberSwap is empowering users to seamlessly trade and manage their digital assets.

Avalanche: Powering the Future of DeFi

Avalanche is an open, programmable smart contracts platform renowned for its high throughput and near-instant transaction finality.These characteristics make it an ideal platform for DeFi applications and NFTs.

Avalanche's key features include:

• High Performance: Offers faster transaction speeds and lower fees compared to many other blockchain networks.
• Scalability: Designed to handle a large volume of transactions without compromising performance.
• Customization: Allows developers to create custom blockchains and decentralized applications tailored to their specific needs.

The robust infrastructure and innovative design of Avalanche have attracted a vibrant ecosystem of developers and users, making it a prominent force in the decentralized finance space.

The Evolution of KyberSwap: From DMM to Elastic

Originally known as DMM, KyberSwap has continuously evolved to meet the demands of the DeFi market.The rebranding to KyberSwap marked a significant step in its journey to becoming a leading multi-chain DEX.The launch of KyberSwap Elastic further demonstrates its commitment to innovation, introducing a concentrated liquidity AMM that empowers liquidity providers with greater control over their capital efficiency.

What is KyberSwap Elastic?

KyberSwap Elastic is a cutting-edge Automated Market Maker (AMM) that offers several advantages over traditional AMMs:

• Concentrated Liquidity: Liquidity providers can concentrate their capital within a specific price range, maximizing their earning potential.
• Customizable Fee Tiers: Liquidity providers can choose from multiple fee tiers, allowing them to tailor their strategy to different market conditions and risk profiles.
• Just-in-Time (JIT) Fees: Earn higher fees during volatile periods with the JIT fee mechanism.

KyberSwap Elastic empowers liquidity providers with more control and flexibility, leading to greater capital efficiency and higher returns.

Benefits of Participating in Avalanche Rush Phase 3

Participating in Avalanche Rush Phase 3 offers a multitude of benefits for both individual users and the broader Avalanche ecosystem:

• Earn Attractive Rewards: The $2 million reward pool provides a significant opportunity to earn KNC and AVAX tokens.
• Support the Avalanche Ecosystem: By providing liquidity, you contribute to the growth and stability of the Avalanche DeFi space.
• Enhance Capital Efficiency: KyberSwap Elastic's concentrated liquidity model allows you to maximize your earning potential.
• Be Part of a Thriving Community: Join a vibrant community of DeFi enthusiasts and contribute to the future of decentralized finance.

Common Questions about Avalanche Rush and KyberSwap

What is Avalanche Rush?

Avalanche Rush is a liquidity mining program designed to incentivize users to provide liquidity on the Avalanche network and foster the growth of its DeFi ecosystem.

What is KyberSwap?

KyberSwap is a multi-chain Decentralized Exchange (DEX) that facilitates the trading of cryptocurrencies across various blockchain networks, including Avalanche.It offers a user-friendly interface and innovative features like the Dynamic Market Maker (DMM) protocol and concentrated liquidity AMM.

How do I provide liquidity on KyberSwap?

You can provide liquidity on KyberSwap by depositing the required tokens into a farming pool and receiving LP tokens in return. 1 year ago, KyberSwap began a fruitful partnership with Avalanche, starting with a US$5.8 million liquidity mining campaign as part of our Avalanche Rush program. Since then, this partnership has helped bring over $61 million in TVL and more than $10 billion in Total Trading Volume for KyberSwap. Now, KyberSwap is continuing to provide Avalanche bulls with more incentives for liquidityYou can then stake these LP tokens to start earning rewards.

What are the risks involved in providing liquidity?

Providing liquidity involves risks such as impermanent loss, smart contract vulnerabilities, and market fluctuations.It's important to carefully research each farming pool and understand the potential risks before committing your funds.

Where can I learn more about Avalanche Rush and KyberSwap?

You can find more information on the official KyberSwap website, the Avalanche Foundation website, and through various online resources and community forums.

Conclusion: Join the Avalanche Rush and Celebrate the Future of DeFi

Avalanche Rush Phase 3 presents a compelling opportunity for DeFi enthusiasts to earn attractive rewards, support the Avalanche ecosystem, and participate in the future of decentralized finance.As KyberSwap celebrates its one-year partnership with the Avalanche Foundation, this program marks a significant milestone in their ongoing commitment to innovation and growth.

Key takeaways:

• $2 Million in Rewards: A substantial incentive to participate in liquidity mining.
• KyberSwap Elastic: A cutting-edge AMM that maximizes capital efficiency.
• Avalanche Ecosystem: A rapidly growing and vibrant DeFi community.

Don't miss out on this exciting opportunity!Visit KyberSwap today to explore the available farming pools and start earning rewards. The Daily LEO 96By participating in Avalanche Rush Phase 3, you can contribute to the growth of the Avalanche ecosystem and unlock the full potential of decentralized finance.The future of DeFi is here, and it’s on Avalanche with KyberSwap! Avalanche Rush Phase 3 kicks off with $2 Million in rewards as KyberSwap celebrates 1 year partnership with Avalanche Foundation!So, dive in and become a part of the Avalanche revolution and maximize your earning potential in the world of decentralized finance. Avalanche Rush Phase 3 kicks off with $2 Million in rewards as KyberSwap celebrates 1 year Avalanche Rush Phase 3 begins on KyberSwap Elastic with over $2,000,000 in total rewards!Start providing liquidity today and secure attractive rewards while contributing to a thriving DeFi community!