#2 Liquidity Mining Incentives for cSwap pools (Phase 1)


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 289,282 $CMDX - to be distributed as per the model for liquidity rewards.

From the last reward phase, the team understood that the duration of incentive distribution should be reduced from 14 day period to 7 days so that it becomes easier to allocate incentives for newly created pools. These rewards will start when the current reward phase ends.

The Master pool will receive 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. The Master Pool would be used on cSwap and other apps as a prerequisite for earning token incentives.

cSwap has two types of 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/axlUSDC

The breakup of rewards for each pool is as follows:

Note: Rewards are in $CMDX


Are there any plans to add a CMST/axlusdc Pool? Even if it received less incentives it could still be very attractive in volatile times like this. Swap fees from it could go to a fund to grow the ecosystem possibly

This looks a bit like the discussion on Osmosis Commonwealth regarding stable-swap-pools and the accompanying incentives.

I understand incentives can attract new LPers, but a stable-stable swap is even without incentives attractive due to the fact that IL should be near zero while still earning swap fees. So incentives might not even be needed in harsh times like this.

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Will the incentives be restructured if also the grav.Assets will be incentivized?

At what date will the incentives go live?

They’re already live!