Enable HKO, List HKO/aUSD Pair

TL:DR List HKO/aUSD pair on Karura Swap & Incentives program

Proposal

HKO/aUSD will not have the Bootstrap period, so the initial HKO price is determined by the first liquidity provider.

The HKO/aUSD pair start trading at block (TBD).

The minimum contribution requirement is 8 HKO OR 1 aUSD

You can contribute liquidity for HKO, or aUSD, or HKO & aUSD at the same time.

At the time of your contribution, you are allocated a number of LP tokens, and indicative LP shares of the pool, which are subject to change as more liquidity is added.

You should only participate if you want to become a liquidity provider for the pool. Please be aware of various risks associated with being a liquidity provider.

Incentive Program

Parallel Finance has allocated a total 230,770 HKO for the incentive program. HKO Token will be distributed to the liquidity providers, and HKO Token will be a 30 days period campaign.

Total Incentives

230,770 HKO

Duration: (TBD)

Loyalty Bonus Percentage: 50%

Claim rewards before the loyalty program ends will void the loyalty bonus, which is 50 % of the rewards.

Claim rewards after the loyalty program end (TBD) will be eligible for the loyalty bonus.

4 Likes

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