Claim $500All-In-One DeFi App Krystal launches with Kyber Network, Uniswap, Aave, and Compound Integrations
The new initiative aims to become a one-stop-shop for all DeFi activities for both new and experienced users.
Krystal, presented as an all-in-one DeFi app, just launched on 20 April, 2021.
Krystal provides an immersive and frictionless DeFi user experience that will save users time, money, and effort by consolidating the best DeFi services under one roof. It incorporates a range of popular DeFi features, including exchanging tokens with different DEX protocols, earning interest by supplying tokens, hassle-free portfolio management, and a referral program.
For seamless token swaps, Krystal sources liquidity from different liquidity systems such as Uniswap and Kyber Network, and allows its users to change between these systems for the best exchange rate and optimal gas cost.
Supplying tokens to earn interest on Krystal is supported by a native integration with Aave and Compound, the leading lending platforms on Ethereum.
The app also comes with Krystal Points – a unique point system that rewards users for introducing friends, doing specific tasks on the app, and participating in Krystal’s promotion activities. Krystal Points can then be redeemed to Ether and transferred to the user’s Ethereum wallet.
Through Krystal, users will be able to easily source for DeFi opportunities, rebalance their portfolio, and earn rewards all within one intuitive, user-friendly interface.
At launch, Krystal will be available on both Android and iOS, with the web/desktop version being released in the coming weeks. Post-launch, the Krystal team plans to continue increasing its integrations and product offerings, as well as expanding its services to other chains and networks.
Sunny Jain, Krystal CEO and Head of Product, shared that
“As DeFi grows larger by the day, it becomes a much more complicated sphere and people have no choice but to use a huge number of apps to utilize DeFi’s full potential. We are constantly improving Krystal to solve that pain point. This means Krystal will introduce various features in the near future, such as adding more liquidity protocols like SushiSwap and Kyber’s DMM for a better token exchange experience, expanding to other chains like Binance Smart Chain, Polkadot or Solana, adding a dapp browser, support NFTs, and even more.”
To learn more about Krystal, please visit https://krystal.app/, or their social media channels https://twitter.com/KrystalDefi , https://t.me/KrystalDefi .
Disclaimer: Do your own research related to the promoted company or any of its affiliates or services mentioned in the article. Coingape.com does not hold any responsibility for your damage or loss.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Michael Saylor’s “Green Dots” Message Hints At Fresh Bitcoin Buying As BTC Faces $90K Wall
- Fed’s Hammack Signals No Rush to Cut Rates as January Hold Odds Near 80%
- XRP ETFs Reach $1.21B as Asset Managers See a ‘Third Path’ Beyond Bitcoin
- Nearly $50M in USDT Stolen After Address Poisoning Scam Targets Crypto Trader Wallet
- Breaking: Rep. Max Miller Unveils Crypto Tax Bill, Includes De Minimis Rules for Stablecoins
- Will Solana Price Hit $150 as Mangocueticals Partners With Cube Group on $100M SOL Treasury?
- SUI Price Forecast After Bitwise Filed for SUI ETF With U.S. SEC – Is $3 Next?
- Bitcoin Price Alarming Pattern Points to a Dip to $80k as $2.7b Options Expires Today
- Dogecoin Price Prediction Points to $0.20 Rebound as Coinbase Launches Regulated DOGE Futures
- Pi Coin Price Prediction as Expert Warns Bitcoin May Hit $70k After BoJ Rate Hike
- Cardano Price Outlook: Will the NIGHT Token Demand Surge Trigger a Rebound?
