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Easily convert KNC to EIGEN with ConvertOnline's efficient tool.
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).
EigenLayer (EIGEN) is a decentralized protocol built on Ethereum that allows users to leverage their staked assets to secure additional services and applications. By utilizing a novel mechanism called 're-staking,' EigenLayer enables Ethereum validators to extend their security to various layers and projects, enhancing the overall ecosystem's efficiency and reducing the need for redundant capital.