Kaddex Liquidity Mining Program
20 days ago
1 min read

Kaddex Liquidity Mining Program

The Kaddex Liquidity Mining Program is created to attract liquidity through the distribution of native KDX tokens. This program aims at creating lucrative incentives for early liquidity providers, which will decrease over time as volume grow. One of the challenges in the decentralized exchange industry is finding a balance between attracting liquidity through high incentives and implementing a sustainable rewards-issuing system. The KDX Liquidity Mining Program is set to be both sustainable and profitable, while also promoting decentralization. The KDX liquidity mining program is set to last no-less than four years. The Liquidity Mining Program generates extra rewards on top of the 0.25% from all swapping fees. Boosted rewards can be collected at anytime. KDX rewards are vested for five days. This short vesting period helps ensure that there is no trading pair manipulation and helps preserving market stability. The DAO will have total freedom in assigning the multiplier to their preferred pools, ensuring that Kaddex's rewards will be applied by the community's interests.

website: https://kaddex.com/