Prior to Katalyst, protocol trading fees were charged in KNC with the proceeds burned to reduce circulating...rewards and 30% as a rebate to one type of their liquidity reserves, with only 5% now being used to burn KNC...With the market anticipating this update for months, the price of KNC has been on an absolute tear YTD...

Kyber – KNC up ~60% this past week   At the end of 2019, Kyber announced their plan for their Katalyst...It also allows users who hold 2000 KNC to get 0 fees on KyberSwap.