This article was first published on Kyber Network - Medium
We are honored to welcome Melonport to run and manage a reserve on Kyber’s on-chain liquidity protocol. Melonport runs an Automated Price Reserve that will provide liquidity for the Melon (MLN) token.
MLN is now accessible through KyberSwap and other platforms that are tapping into our on-chain liquidity protocol.
To date, Kyber Network collectively supports over 70 ERC20 tokens.
Learn how to buy/sell ERC20 tokens on KyberSwap with our basic guide.
Listing information for MLN
- Listing date: February 5th, 2019
- Listing time: 9PM (GMT+8)
Melon is a decentralized protocol to set up and manage on-chain funds in digital assets. By automatizing the back and middle office processes of fund management through the use of smart contracts, Melon enables fund managers to create their own tokenized funds by simply choosing the parameters (fee structure, trading exchanges, asset universe, risk management, etc.) of the fund, which is then in turn deployed on the blockchain. Managers can trade directly through the Melon trading terminal on the integrated exchanges (only DEXs due to their non-custodial nature). The contracts are responsible for all the internal accounting, which includes the calculation of NAV, shareholder accounting, fee calculations amongst others.
For more information on Melonport:
Token: Melon (MLN)
Token information: https://etherscan....
To keep reading, please go to the original article at:
Kyber Network - Medium