Kyberswap is both a multi-chain DEX aggregator and a liquidity source with capital-efficient liquidity pools that earns fees for liquidity providers. Kyber users can get the best rates for your token swaps and earn more with your token assets.
For Lido users, you can use Kyber network on Optimism or Arbitrum to easily swap wstETH to ETH and USDC, and vice versa . Adding to this, earn fees from LP'ing a number of pools including:
Swaps on Kyber
To get started, visit the ‘Swap’ page:
Choose the tokens you want to swap between.
Choose the quantity of tokens and choose either 'Maximum Return' or 'Lowest Gas'.
Press 'Swap' after clicking 'Approve X' if required.
Press 'Confirm Swap' and confirm the transaction using your wallet.
Using Kyber Elastic Pools, users can add liquidity to certain pairs to earn swap fees. The wstETH/ETH and wstETH/USDC pools are - at the time of writing - incentivised by Lido in the form of additional LDO to liquidity providers in the pool.
Both pools are the Elastic pool for concentrated liquidity that is similar to Uniswap V3 allowing LPs to provide liquidity into a customizable price range.
To get started, visit the pool page:
Use the search bar to find the relevant pairs. Then, click the symbol of 'Add Liquidity'.
Choose the fee tier and the amount of tokens to deposit.
Set the price range.
Press 'Preview' after clicking 'Approve X' if required.
Click 'Supply' and comfirm the transaction.