#13 Weekly Liquidity Mining Incentives for cSwap pools (Phase 12)

cSwap Discussion
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Overview:

cSwap DEX has been launched on the Mainnet. With strong frameworks, good mechanisms, and a robust build, a good but healthy incentive system is imperative for the growth of the DEX. Keeping this in mind, we open the discussion to the community on an upcoming proposal to start the next phase of liquidity incentives on cSwap DEX by allocating 112,864 CMDX for 7 days - to be distributed as per the model for Liquidity rewards. These rewards will start when the current reward phase ends.

The weighting of this week’s rewards is based on pool liquidity.

This week two new pools of stJUNO and stLuna paired with CMST will be added.

The Master pool will receive around 50% of the total incentives allocated for the phase. The other 50% will be distributed equally amongst the Child pools as external incentives. A detailed breakdown of these incentives is in the table at the end of the discussion.

Let’s have a quick look at the rewards mechanism before proceeding further:

There are two types of pools on cSwap DEX: Master Pool and Child Pool. Master Pool would be used on cSwap and other apps as a prerequisite for earning token incentives.

cSwap has two incentive distribution parameters; the ‘Master Pool/Child Pool Rewards System’ mechanism and the ‘External Incentives’ mechanism.

There are multiple combinations for the rewards mechanics. Still, in a nutshell, any liquidity provider will earn maximum rewards only if they provide liquidity in both the master pool and one or more of the child pools. A better understanding of the reward mechanism can be gained from cSwap docs.

The pools incentivized for the next phase will be:

  • CMDX/ATOM
  • CMDX/CMST
  • CMDX/OSMO
  • CMDX/axlUSDC
  • CMDX/JUNO
  • CMDX/WETH
  • CMDX/WBTC
  • CMDX/stATOM
  • CMST/ATOM
  • CMST/OSMO
  • CMST/JUNO
  • CMST/stATOM
  • CMDX/MATIC
  • CMST/MATIC
  • CMDX/Evmos
  • CMST/Evmos
  • CMDX/wBNB
  • CMST/wBNB
  • CMDX/Luna
  • CMST/Luna
  • CMDX/Canto
  • CMST/Canto
  • CMDX/XPRT
  • CMST/XPRT
  • CMDX/AKT
  • CMST/AKT
  • CMDX/MNTL
  • CMST/MNTL
  • CMDX/FTM
  • CMST/FTM
  • CMDX/Huahua
  • CMST/Huahua
  • CMDX/Shib
  • CMST/Shib
  • CMST/stOSMO
  • CMST/stkATOM
  • CMST/stJUNO
  • CMST/stLUNA

The breakup of rewards for each pool is as follows:

Note: Rewards are in $CMDX

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We intend to run the incentives until the protocol matures. Post maturity, these incentives will be optimized again after discussion with the community.

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another week without HARBOR?

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https://twitter.com/scrtcosmonaut/status/1632237364306407424?s=20

1 Like
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I’m glad to see that cSwap DEX is continuing to grow and evolve with new pools being added and liquidity incentives being proposed. I particularly appreciate the inclusion of more liquid staking assets from other ecosystems.

I have a suggestion for further expanding the platform’s reach and attracting more liquidity. As we’ve seen with the recent $MNTL listing, offering external incentives in a project’s own token can be a powerful tool for drawing in their community and driving trading volumes. I recommend that we reach out to other projects, such as Stride, and explore the possibility of offering similar incentives for them to list on cSwap DEX.

By incentivizing participation in their own token, we can build stronger relationships with other projects’ communities and create a virtuous cycle of liquidity and engagement on the platform.

Others are welcome to share their thoughts on it