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

cSwap Discussion
1

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 112,865 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 a new pool of Harbor paired with CMDX is 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
  • CMDX/Harbor

The breakup of rewards for each pool is as follows:

Note: Rewards are in $CMDX

708×864 211 KB

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

1 Like
2

It’s great to see that the CMDX/Harbor pool is being incentivized with CMDX tokens, which will definitely help boost liquidity for the Comdex ecosystem tokens.

Also, I have come across discussions about incentivizing HARBOR tokens for cSwap pools and stable pool on Osmosis. I support the idea and would like to see HARBOR incentives for specific pools, such as CMDX/HARBOR, CMST/CMDX, and CMST/HARBOR.

As for the pools that receive less than $2 incentives a day, it may be worth considering shifting the focus to pools that contain more important tokens to build liquidity. It’s essential to ensure that incentives are allocated in a way that maximizes the growth of the DEX while still being financially sustainable. A detailed analysis of the liquidity and trading volumes in each pool can help in determining which pools should be incentivized and which ones can do without incentives.

3

Dual incentives for CMDX/HARBOR would make sens imo. We could lower a part of the CMDX incentives and replace it with HARBOR