#15 Incentive Program for LKSM Staking & LKSM/KSM Liquidity Pool

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Summary

This proposal will enable the following changes

Bootstrap Details

  • bootstrap begins ~UTC 7:30 am Sep 28 (Block# 639000) and lasts 2 hours ends ~UTC 9:30 am Sep 28 (End block # 639600)
  • minimum liquidity target for 2500 LKSM is OR minimum liquidity target for 250 KSM
  • each contribution requires a minimum of 0.1 KSM OR a minimum of 1 LKSM

No trading is allowed during Bootstrap, and trading can only be enabled once the following criteria are met:

  • The Not Before block # 639600 has passed AND
  • Either the pool has 250 KSM OR 2500 LKSM in liquidity
  • Both KSM & LKSM has >0 liquidity

Mining Details

  • Incentive start ~UTC 9:30 am Sep 28 (block # 639600)
  • Loyalty Program lasts for 4 months ends ~UTC Jan 30 2022 (block #1503600)

On-Chain Proposal

4 Likes

Is this AM or PM? :upside_down_face:

1 Like

Times are estimates not exact based on block number, should be am & updated post.

2 Likes

thanks for the awesome information.