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Easily convert KNC to LUSD 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).
Liquity USD (LUSD) is a decentralized stablecoin designed to maintain a stable value pegged to the US Dollar. It operates on the Ethereum blockchain and enables users to access liquidity without selling their collateral assets, thanks to a unique borrowing system.