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*This article is only a personal subjective opinion, does not promise any income, assumes no legal liability, and does not constitute any investment opinion.

This issue focuses on 2 projects, KNC / LOOKS, and the key analysis project is KNC.Kyber is an on-chain liquidity protocol that summarizes liquidity reserves to allow for immediate and secure token exchange in multiple decentralized applications (dApps).Kyber became the most widely used DeFi application on Ethereum.At the core of the Kyber network is to interact with the liquidity pool and act as an automated market maker on the blockchain.There are three reserve types: price reserve (using sub-chain components), automatic price reserve (based on automatic algorithm construction in smart contracts), and bridge reserve (unlicensed third party, such as Uniswap, Bancor).The Kyber network is an implementation of the Kyber protocol on Ethereum.It is by far the most commonly used protocol.

1.KNC(Kyber Network)

concept:DeFi

Circulation market value: 318 million USD

Current price: 1.5516USD

All-time high: 6USD

History lowest: 0.11USD

Opening price: 0.5USD

Initial release time: 2017-9-25

Market value ranking: 107

View: Kyber is an on-chain liquidity protocol that summarizes liquidity reserves to allow for immediate and secure token exchange in multiple decentralized applications (dApps).In 2019, Kyber became the most widely used DeFi application on Ethereum.At the core of the Kyber network is to interact with the liquidity pool and act as an automated market maker on the blockchain.There are three reserve types: price reserve (using sub-chain components), automatic price reserve (based on automatic algorithm construction in smart contracts), and bridge reserve (unlicensed third party, such as Uniswap, Bancor).The Kyber network is an implementation of the Kyber protocol on Ethereum.It is by far the most commonly used protocol.

$1.3 above to consider intervention position, $2.4 near to reduce positions stop profit, can also consider long-term allocation of some positions.Strictly control low positions, do not support heavy positions and other irrational behavior.

2.LOOKS(LooksRare)

Concept: NFT + social networking

Circulation market value: 521 million USD

Current price: 4.7823USD

All-time high: 5USD

All-time low: 2.45USD

Opening price: 0.2USD

First release time: 2022-1-10

View: As an NFT trading platform, LooksRare has perfect basic trading functions. In addition, LooksRare also has different functions from OpenSea. It is these functions that give LooksRare the opportunity to become a better and community-based NFT trading platform.

$3.9 above to consider intervention position, $5.5 near to reduce positions stop profit, can also consider long-term allocation of some positions.Strictly control low positions, do not support heavy positions and other irrational behavior.

*The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of SparkDAO. Every investment and trading move involves risk, you should conduct your own research when making a decision.