TL:DR
List Crust Shadow Network native token $CSM on Karura, and list CSM/kUSD pair on Karura Swap.
This proposal also includes some future plans based on top of the first move.
References
Links to
Description
Step 1
- Enable token transfer between Karura and Crust Shadow
- List $CSM on Karura Network as assets
- List CSM/kUSD pair on the swap, and enable $CSM holders to provide liquidity on swap
- Earn $KAR for staking CSM/kUSD LP
Motivation
- Crust Shadow Network can engage Karura good TVL as it’s one of the running Parachain
- Crust Shadow Network can bring real storage power to Karura users.
- After the proposal passed on Crust Shadow end, we can also provide a reward pool to engage $KAR holders
Evaluation of Liquidity Pool
- Mechanisms for listing new pools: Bootstrap listing, with liquidity mining.
- List Bootstrap parameters if applicable:
- Liquidity Program if any: No trading is allowed during Bootstrap campaign.
- Incentive: In total TBD worth CSM for the first 3 months