How to Earn Incentives by Providing Liquidity on Osmosis

Caroline Lau
Desmos Network
Published in
3 min readJan 28, 2022

Dual incentives are live! Earn both $DSM and $OSMO by providing liquidity to Pool #618 and #619 for the next 167 Epochs! Here is the guide to show you how to earn liquidity incentives and external incentives on Osmosis.

Before you start, make sure you have already sent your $DSM to Osmosis or bought some $DSM on Osmosis. Follow the guides below if you haven’t.

(A) Liquidity Mining Incentives

1.Adding liquidity to the pools will give you LP tokens. You can start to earn Pool APR for both pools by clicking [Start Earning].

Current APR for both pools are:

Pool #618 ATOM/DSM pair:

APR depends on the bonding period, you can choose 1 day, 7 days or 14 days

Pool #619 DSM/OSMO pair:

APR depends on the bonding period, you can choose 1 day, 7 days or 14 days

2. A Bond LP Tokens window will pop up, choose the desired Unbonding Period and input the amount to bond (LP tokens GAMM). Click [Bond].

3. A Keplr transaction confirmation window will appear, choose the desired amount of fees and click [Approve].

4. Your bonded assets should show on the area below once approved.

(B) External Incentives

External incentives for $DSM pools on Osmosis went live on January 15, 2022 and will be distributed for 180 epochs.

If you’ve bonded in the #618 ATOM/DSM and #619 DSM/OSMO pools, we are currently offering an additional 5,000,000 $DSM as Bonus bonding incentives. Earn your extra $DSM which depends on your pool bonding period over 1/7/14 day(s), more rewards will be given for longer bonding periods.

The daily rewards should be shown automatically in your assets page on Osmosis.

This pool bonding over 1/7/14 day will earn additional bonding incentives for 167 epochs.

Start adding liquidity to above pools if you want to earn the incentives!

If you have any questions, please do not hesitate to ask in the Desmos Discord server. To know more about Desmos and stay updated, please follow:

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