KIP-1

Kibble Improvement Proposal 1

It is proposed that Kibble LP farms undergo the following changes:

KIB-DOGE LP Farm: Emission Allocation Increase to incentivise more native KIB liquidity

KIB-USDC LP Farm: Set to deprecated to move liquidity into KIB-DOGE

DC-USDC LP Farm: New Addition to support DC on-chain liquidity

DAI-DOGE LP and mDAI-synDAI LP Farms: Set to deprecated to free up more emission allocation for core pairs

KIB emissions remain untouched and there is no change in daily issuance or any other form of supply delta.

The proposal seeks to concentrate native KIB liquidity into a single trading pair in order to achieve deep liquidity.

Moreover, it seeks to deepen DC on-chain liquidity and offer more options for DC farmers to provide liquidity, with USDC providing the first stable pair option.