COMP and KNC Tokens Now Supported on Oasis Trade
Today COMP (Compound) and KNC (Kyber Network Crystal) were added as supported tokens on Oasis Trade, with both DAI and WETH markets enabled. These additions allow users another avenue of liquidity to trade or market-make using limit orders via the Market tab, or instantly swap them for the best available price via the Instant tab.
Oasis Trade enables easy access to the decentralized and non-custodial OasisDEX Protocol. Although the OasisDEX Protocol allows anyone, anywhere to trade ERC-20 tokens, the Oasis Trade user interface allows a selected subset of those tokens to be traded. If you haven't used Oasis Trade before, read Introduction to trading on Oasis Trade to get started.
About COMP and KNC
The COMP token “is an ERC-20 asset that empowers community governance of the Compound protocol; COMP token holders and their delegates debate, propose, and vote on all changes to the protocol,” as explained here.
KNC, also an ERC-20 token, is “the glue that connects different participants in the Kyber Network ecosystem, including both liquidity contributors and the different entities that leverage on the liquidity network,” as explained here.
Oasis Team Support
June 30, 2020