Skip to main content
Version: Legacy

Listing Policies

There are few requirements to have your token listed on Kyber Network:

  1. The token is an ERC20 token.

  2. Legal opinion that the token is a utility token, based on Malta law.

  3. The legal opinion should come from a licensed Law Firm in its respective jurisdiction.

  4. Liquidity has to be provided for the token. This is done by being a permissioned token reserve, or by using an existing 3rd party reserve that is already integrated with Kyber.

  5. Complete this listing form

  6. A deposit of USD $1000 worth of KNC as commitment towards this listing process, because considerable effort is required on both parties. The funds will be returned once the token goes live on KyberSwap.

Policies#

  • Transparency: All operations that occur on the Kyber protocol can be publicly verified on the blockchain.

  • Non-custodial: At no point does the Kyber protocol control the funds of its users. Hence, users' funds will not be affected even in hacking incidents.

  • Instant Confirmation: A transaction happens with instant confirmation if it's sent from on-chain entities like smart contracts. Otherwise, once the transaction is included on the blockchain, the execution triggered by the transaction is immediately confirmed.

  • Operation Certainty: There are no transactional risks. Users know the rate and how much liquidity is available before they commit their transaction. There is no settlement uncertainty or counterparty risk.

  • On-chain Settlement: Atomic and immediate on-chain settlement of trades.

  • Reserve Managers control their reserves: Reserves also keep and contribute liquidity for their token via smart contracts that they control (source code prepared, tested and provided by us).

  • Code Audits: Kyber’s smart contracts have also been audited and verified by ChainSecurity, an audit platform for smart contracts. Read the full audit report here: <NEW_AUDIT_LINK>