Important update:
From now on, all pools will receive base CMDX rewards, with CMDX pair as a priority. CMDX rewards on CMST pools have been reduced as all CMST pools will start receiving Harbor emissions this week onwards. To learn more about Harbor emissions, please use this link. To check this week’s Harbor emissions, please go to https://app.harborprotocol.one/
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 68,750 CMDX for 7 days - to be distributed as per the model for Liquidity rewards for CMDX. These rewards will start when the current reward phase ends. From this week onwards, CMST pools will be receiving Harbor emissions.
The Master pool will receive around 50% of the total CMDX incentives allocated for the phase. The other 50% will be distributed equally amongst the Child pools as external incentives.
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.
Note:
The Masterpool transition is now complete! In our continuous pursuit to enhance user experience, we have successfully transitioned our Masterpool from ATOM/CMDX to stATOM/stCMDX. As a result, the former ATOM/CMDX pool now serves as a child pool.
This shift is designed to offer you more benefits without sacrificing your staking rewards. The rewards you previously earned on the ATOM/CMDX pool have now been shifted to the stATOM/stCMDX pool.
The breakup of rewards(CMDX) for each pool is as follows:
As the protocol has now reached a mature stage, the current incentive structure will be optimized based on discussions and consensus within the community. We will continue to monitor and evaluate the effectiveness of the new incentive system to ensure its alignment with the growth and sustainability goals of cSwap DEX. Your feedback and input are highly valued as we strive to maintain a thriving and robust ecosystem for our community.
UPDATE:
The current stATOM/ATOM pool, pool #43 is out of range, the rewards for this pool will be shifted to a new stATOM/ATOM pool #47