Kage Loyalty Program

Kage Finance
3 min readFeb 26, 2024

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Note: Loyalty program has been updated for tiers. Check out the latest tier amounts on our docs instead.
https://docs.kage.finance/usdkage/why-hold-usdkage

Excitement is brewing in the world of Injective as CW404 continues to make waves. At Kage Finance, as we prepare to unveil additional features and trading platforms, we’re excited to introduce a rewarding initiative aimed at acknowledging and appreciating our dedicated users and traders: the Kage Loyalty Program.

Rewarding Loyalty

At Kage Finance, we believe in giving back to those who have supported us along the way. Our loyalty program is our way of showing appreciation to $KAGE holders who have been with us through thick and thin.

Tiered Benefits

The Kage Loyalty Program offers a range of benefits tailored to the level of $KAGE held by our community members. Depending on the amount of $KAGE provided as liquidity or staked, you’ll unlock access to different tiers of benefits. These perks include exclusive access to new products and features, airdrops, and much more.

Unlock Your Potential

With our loyalty program, the more you hold, the more you’ll enjoy. Take a look at the table below to see the current tiers and corresponding benefits:

The Total $KAGE Amount is determined by adding up the user’s Kage Bot Wallet in:

  • [2X Multiplier] $KAGE-$INJ LP amount in the $KAGE-$INJ Liquidity Pool Farm on DojoSwap
  • [1X Multiplier] $KAGE amount in the $KAGE Staking Pool via Kage Bot or DojoSwap or NinjaVault

If the total amount of $KAGE provided as liquidity or staked using the Kage Bot Wallet surpasses the threshold for a particular tier, the user will automatically be assigned to that corresponding loyalty tier.

Example scenario

Alice would be classified in the VIP2 tier if she utilised her bot wallet to:

  • Stake 10,000 $KAGE tokens.
  • Provide liquidity with 5,000 $KAGE and the corresponding amount of $INJ tokens in the $KAGE-$INJ Pool.
  • Alice’s $KAGE amount = 10,000 + 5,000*2 = 20,000

Bob would achieve VIP3 tier status if he utilised his bot wallet to:

  • Provide liquidity with 15,000 $KAGE and the corresponding amount of $INJ tokens in the $KAGE-$INJ Pool.
  • Bob’s $KAGE amount = 15,000*2 = 30,000
Users can view their Loyalty Tier at your Kage Bot home screen

Why exclusivity for Kage Bot Wallets in the Loyalty Program?

Kage Bot usage acts as a flywheel, driving fees and revenue for $KAGE holders. As Kage Bot generates revenue, $KAGE holders accrue value, further incentivizing increased bot usage for more $KAGE acquisition — enabling a symbiotic cycle of growth and rewards.

If you’re currently farming by providing liquidity for $KAGE-$INJ but not through the Bot Wallet, here’s how you can switch:

  1. Export your Bot Wallet to any web wallet extension (e.g., Keplr).
  2. Withdraw your LP tokens from the liquidity farm to your current wallet.
  3. Transfer the LP tokens to your Bot Wallet.
  4. Use your Bot Wallet on the web wallet extension to join the $KAGE-$INJ pool farm on DojoSwap.

For more detailed instructions, please visit our user guide. To enhance the user experience, we will also be adding the feature to provide liquidity for $KAGE-$INJ directly on Kage Bot very soon.

Adding Value to $KAGE

As we progress with the development of more features and products, the Kage Loyalty Program will expand to integrate upcoming functionalities. This evolution underscores our commitment to enhancing user experiences and driving value to the $KAGE token. By incentivizing holding and rewarding our loyal community members, we’re strengthening our ecosystem while empowering users to excel in the growing DeFI ecosystem of Injective.

Join us as we embark on this journey of innovation and transformation in the crypto space. Together, we’ll shape the future of decentralised finance in Injective. Stay tuned for more updates and announcements from Kage Finance.

Twitter: https://twitter.com/KageFinance
Telegram Community: https://t.me/kagefinance
Website: https://kage.finance

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