LP Wars Alpha. Vote 33.

Welcome to LP Wars. Again. This is a new important chapter of Kalmy.APP ecosystem.

Within our long term commitment of creating the ultimate DeFi ecosystem empowered by NFT, we are introducing a new low risk DeFi product for Kalmy – a liquidity layer for all quality BNB projects (if tests are success – we dive into more chains).

This new Kalmy product is a combination of Yearn Finance, Curve, and strict whitelisting for user's safety. On one side, this is a traditional auto-compound product for LPs (if tests are success – for vaults like staking). An example would be a PanCake or BiSwap LP that gets CAKE/BSW rewards auto-compounded with KALM rewards on top.

On another side, there are votes (wars) that run weekly (or biweekly, considering the tests feedback); the KALM rewards on top of CAKE/BSW are decided by the vote results. It is important to note that any quality LP could be whitelisted, so the liquidity that currently only earns trading fees (no CAKE/BSW/BAKE/other rewards), could start earning KALM just with voting.

Overall, the protocol itself also reviews a Solidly protocol logic, acting as a liquidity layer for projects that do not have farms. This as well becomes an alternative for community farms where projects are traditionally "paying" for a non-continuous farm without a predictable schedule by project's leads.

In Kalmy LP Wars case, the predictable rewards are on a rolling basis and are coming from weekly votes. On top, any user is free to vote for any whitelisted farm. As always, locking KALM gives more voting power (the calculator is available on Kalmy.APP, more locks info is as well available in docs).

It is also important to notice that KalmySwap is an AMM aggregator. This means that initially all new and current LPs would be allocated on PancakeSwap; therefore, the liquidity will be available for trade on both KalmySwap and PancakeSwap – effectively maximizing the amount of users that could actually access liquidity and generate trading fees.

Here is a bit more of the introduction: https://blog.kalmar.io/lp-wars-introduction/

Now, for the test week, we will be using the current 6 LPs KALM rewards. At the same time, we are considering to further reduce our KALM emissions (inflation) rate as well as reduce the daily bonds number. This means that LP Wars available weekly rewards might (and likely will change).

For the test purpose, we are using some of the classics mixed in with some KALM fun. So, OGs – please, vote. Community – please, start sharing the word. Projects that are early – don't miss your chance to accumulate some juice for your community before mass FOMO kicks in.

Let's amplify the fun, shall we?