Krystal IDO is so confusing to me 1. what is

Question

Krystal IDO is so confusing to me 1. what is

the benefits for knc holders like myself who is supporting kyber project before ICO? (given the knc price atm. I am not complaining about the price but trying to understand is it kind of reward for knc holders for believing in kyber ecosystem? are we getting great deal here?)

2. what's the risk and reward of participation in the IDO?

3. Following is my understanding
a. stake knc and get eligible to buy krysta token
b. do kyc
c. this step i am not clear. do we need to pay anything? if we need to pay
would like to know following things
1. what's the price of the token?
2. what is the allocation % of tokens for different stakeholders?
3. what's the market cap, total no. of tokens and total no. of circulation token?

i am sure you guys know that these are the thing even dumb crypto enthusiast like me would like to know.

Given so close relationship with krystal team and asking us to stake, could you please clarify this here as well as in a blog post?

@Loiluu

#cryptocurrency #english #kybernetwork

0

31.10.2021

6 ответов

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Aaa Автор вопроса

CryptoJ
Please direct your inquiry to @KrystalDeFi instead...

This doesn't make sense as you guys are working so closely and posting staking things in all your channel. as Krystal are asking to stake knc...i suppose this is responsibility of kyber team to well inform us! don't you thimk so?

0

01.11.2021

Loi Luu

a lot of details are with the Krystal team, so yeah please do check it out with them. KNC staking on Krystal is not much different from KNC staking on Binance. Anyone/ any platform can decide to add more utility to KNC token since they dont need any approval at all. The Kyber team is just trying to pass the information here that we think KNC holders will be interested.

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01.11.2021

Tania @Kyber

Aaa
This doesn't make sense as you guys are working s...

Hi Aaa, Kyber has posted announcements related to KrystalGO launchpad on @KrystalDefi behalf as we have a good relationship and in this case they are utilizing KNC staking. However, Krystal and Kyber Network are separate business entities. As such, please direct your enquiries to the Krystal team instead where they would be better equipped to answer your enquiries. You may find this article useful for better information: https://medium.com/krystaldefi/introducing-krystals-launchpad-krystal-go-bc2274a58931

0

01.11.2021

Aaa Автор вопроса

Loi Luu
a lot of details are with the Krystal team, so yea...

Thanks!

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01.11.2021

Aaa Автор вопроса

Tania @Kyber
Hi Aaa, Kyber has posted announcements related to ...

Finally understood i guess ! but, i can say that message is very unclear

0

01.11.2021