KyberSwap Launches $ARB Token Pools, Mining, Trading Campaigns on Arbitrum

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• KyberSwap is launching liquidity pools, liquidity mining and trading campaigns on the Arbitrum Chain.
• This move will provide more earning opportunities in the rapidly growing Arbitrum ecosystem.
• KyberSwap is introducing new 2% and 5% fee tiers to give users more flexibility.

KyberSwap Announces First Ever $ARB Token Liquidity Pools

KyberSwap, a leading decentralized exchange (DEX) aggregator and liquidity platform, has announced its plans to launch the first-ever $ARB token liquidity pools, liquidity mining, and trading campaigns on the Arbitrum Chain. This move marks an important step for KyberSwap as it will catalyse significant liquidity inflows for the rapidly growing Arbitrum ecosystem.

Eligible Users To Receive Airdrop

Arbitrum recently announced plans to distribute its new governance token, $ARB, to eligible users of its ecosystem as part of its transition into self-executing governance. This airdrop is estimated to go live on 23 March and is set to be one of the biggest airdrop in crypto history. KyberSwap users who have bridged their tokens onto Arbitrum have become eligible for this airdrop.

Increased Liquidity Options For KyberSwap Users

With the launch of these new $ARB token pools, investors will now have access to more trading pairs and liquidity options on KyberSwap’s platform. In addition, those providing liquidity can also earn fees from adding funds into these pools as well as participating in various liquidity mining programs by KyberSwap that come with reward incentives such as KNC tokens amounting up to 70,000 KNC*.

New Fee Tiers For Increased Flexibility

Kyber Swap is introducing new 2% and 5% fee tiers which allows users greater flexibility when they are conducting trades or providing liquidity in these new ARB token pools. These lower fees will give investors greater control over their assets while allowing them access to different yield farming opportunities within this rapidly growing ecosystem.

Conclusion

With the introduction of these pioneering initiatives by Kyberswap’s team, investors can look forward to having greater access to efficient DeFi solutions within the Ethereum Layer 2 scaling solution –Arbitrum– through increased yield farming opportunities with lower fees attached for increased asset control when conducting transactions or providing liquidities in these newly launched token pools .