• © Goverland Inc. 2026
  • v1.0.5
  • Privacy Policy
  • Terms of Use
KuSwap v3KuSwap v3by0x4870C7cfd4C165021A0207a1fF6c109650dA45AD0x4870…45AD

Should Kuswap add incentives for users who participate in multiple Liquidity Pools?

Voting ended about 4 years agoSucceeded

The Kuswap Website, DEX, and community have come a long way in the past few months. Congratulations to Kuswap team and Kuswap users. Farm farm farm. Exciting times ahead with prospects of a listing on kucoin.com or other centralized exchanges. As the Kuswap Community grows and seeks to add more value to the DEX, and as it seeks to attract more users and liquidity, it will be beneficial to incentivize users to add liquidity across multiple various liquidity pools on Kuswap, to increase the TVL in these altpools, and thus increase the effectiveness of those liquidity pools for traders seeking to trade with them. It will also be beneficial to keep users engaged and incentivize them to branch out into other liquidity pools and farms.

I look forward to seeing the KCS-KUS farming bonus go live for those who have staked KUS in the DAO and received KUSgov tokens. Details about how it will work once launched are here: https://resources.kuswap.finance/protocol/kusgov/ This bonus encourages users to lock KUS in the DAO, which is beneficial for the community as it encourages engagement with the platform’s governance and decreases the available supply of KUS, helping to raise the price of the KUS token.

Perhaps an additional incentive structure could be introduced to encourage users to add funds to multiple liquidity pools. At the same time, we probably still want to ensure that the KCS-KUS pool is the most attractive pool for liquidity providers, to help maintain and grow the value of the KUS token and platform.

My proposal is this: Create a KCS-KUS farming bonus for those who have LP tokens staked across multiple farms. (Or a bonus of some kind.) I.E. Something like this: Formula:

(# of active kuswap farms you are staked in) / (# of active kuswap farms that exist) X (5% KCS-KUS farming bonus)

As of 11/15/21, I count a total of 12 farms available: KCS-KUS KCS-USDT USDT-KUS KUS-BNB KUS-BUSD KUS-USDC KCS-USDC KCS-BNB KCS-BUSD KCS-ETH BTC-KCS KCS-DAI

The bonus per wallet address could have a maximum achievable bonus of 5% or 10% (or whatever percentage the community votes for.) Let’s say it is 5%.

Perhaps as a prerequisite for a user’s particular farm to be included in their “active farms” count toward their bonus, a user would need to have a certain USD amount of LP tokens staked in a farm. (Community could vote on the minimum USD amount necessary per farm.) Let’s say it is $50 minimum.

Formula: (# of active kuswap farms you are staked in with LP tokens valued at $50 or more per farm) / (# of active kuswap farms that exist) X (5% KCS-KUS farming bonus)

Hypothetical Example for the above formula:

Charlie the chipper Chipmunk has funds invested in 9 liquidity pools and has staked his LP tokens into the 9 (of 12 available) corresponding farms.

12 Farms:

KCS-KUS (Charlie has $500 USD worth of LP tokens in this farm) KCS-USDT (Charlie has $57.28 USD worth of LP tokens in this farm) USDT-KUS (Charlie has $0 of LP tokens) KUS-BNB (Charlie has $153.43 USD worth of LP tokens in this farm) KUS-BUSD (Charlie has $0 of LP tokens) KUS-USDC (Charlie has $0 of LP tokens) KCS-USDC (Charlie has $86.32 worth of LP tokens in this farm) KCS-BNB (Charlie has $2.45 worth of LP tokens in this farm) KCS-BUSD (Charlie has $227.83 worth of LP tokens in this farm) KCS-ETH (Charlie has $180.32 worth of LP tokens in this farm) BTC-KCS (Charlie has $14.56 of LP tokens) KCS-DAI (Charlie has $7.62 USD worth of LP tokens in this farm)

We can see that Charlie currently has: 9 Active Farms with a LP token value of greater than $0 USD. 6 Active Farms with a LP token value of greater than $50 USD. Thus, the chipper Chipmunk’s KCS-KUS farming bonus would be calculated thusly:

(6 Farms) / (12 Farms) X (5% KCS-KUS farming bonus) = A 2.5% KCS-KUS farming bonus for Charlie.

Perhaps this benefit would only be applicable to users who hold in their wallet (X # of KUSgov tokens) to further incentivize participation in the DAO and lockup of KUS tokens. (Whatever number of KUSgov tokens the community votes for.)

To conclude, I think that providing incentive for users to provide liquidity to multiple liquidity pools could be an effective way to increase liquidity across the various pools on Kuswap, thus making the platform more enticing to outside traders.

Another idea: Instead of enacting a “KCS-KUS farming bonus,” as the incentive, the bonus could be unlocking access to a SPECIAL POOL or a SPECIAL FARM that is exclusive to those with sufficient liquidity across multiple farms.
- Maybe it would be a KUSgov pool? - Stake KUSgov and earn more KUSgov? - Or stake KUSgov and earn KUS?

What are your exact thoughts?

Off-Chain Vote

Good ideas. Devs please review.
5K 70.5%
TLTR. Garbage. Awful ideas.
2.09K 29.5%
Download mobile app to vote

Timeline

Nov 16, 2021Proposal created
Nov 16, 2021Proposal vote started
Nov 30, 2021Proposal vote ended
Oct 26, 2023Proposal updated