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Kyber Network Crystal v2 (KNC) is a utility token that powers the Kyber Network, a decentralized liquidity protocol that allows users to trade cryptocurrencies directly from their wallets. KNC facilitates transactions, governance, and staking within the Kyber ecosystem, ensuring efficient and secure trading experiences across various decentralized applications (dApps).
Axelar (AXL) is a decentralized network that facilitates cross-chain communication and interoperability between various blockchain ecosystems. By providing a secure and efficient way for different blockchains to interact, Axelar aims to enhance the utility of decentralized applications (dApps) and improve the overall user experience in the crypto space.