What are the future development plans for KNC? KNC has a series of future development plans, mainly including the following aspects: 1. Liquidity Incentive Program: KyberSwap's FairFlow program will continue to distribute KNC rewards to liquidity providers until November 2025, with a total distribution of 500,000 KNC. In the near term, 61k-66k KNC will be distributed weekly to incentivize liquidity providers and drive growth in locked value for key trading pairs such as ETH/WSTETH and USD/USDT. 2. Protocol Upgrades: In Q3 and Q4 of 2025, Kyber Network plans to implement several technical upgrades, including Swap Flow V3, achieving an additional 20% gas savings beyond the current 13%; launching MEV - Protected Liquidity, redirecting arbitrage profits back to liquidity providers rather than bots; and Smart Liquidity Governance V2, which automatically detects problematic pools through simulation. 3. Improved governance mechanism: Voting activities on KyberDAO will resume in the second quarter of 2025. KNC holders can participate in governance for protocol fees and upgrades by staking KNC. As the governance mechanism continues to improve, it is expected to attract more KNC holders to participate in staking, reducing the circulating supply.