The 7.5 Million Dollar Incentive Program
Since November 12, 2021 XKI has been successfully launched on the Cosmos based AMM called Osmosis, with 3 pools bootstrapped by the foundation’s funds:
- XKI / OSMO
- XKI / UST
- XKI / JUNO
3 days before this achievement, we have decided to definitively move all of our development effort from other chains to the Cosmos Ecosystem. This effort has paid back and we are proud to share with you some incredible milestones since that day:
- $XKI value: up 300%
- Trading volume: up 270%
- TVL in Klub: $15M
What’s next?
In order to support the liquidity providers and smoothen the $XKI market we are committed to reward the community with a pool of $5.5million worth of $XKI or 14,000,000 $XKI at today’s rate for providing enough liquidity to the pools.
- We are grateful for the OSMOSIS community recognizing our effort in building up a strong and wider Cosmos Ecosystem by voting YES for our first Proposal to incentivize both pool $OSMO / $XKI and $UST / $XKI (https://www.mintscan.io/osmosis/proposals/70)
2. Cosmos is also about ecosystem cooperation, and this is why Ki and Klub are building the first permissionless DeFi protocols on Juno. We hope the Osmosis and Juno communities will also support incentivizing the $JUNO / $XKI pool outlining the unique collaboration between 2 cosmos sovereign chains.
Osmosis : https://www.mintscan.io/osmosis/proposals/76
Juno : https://www.mintscan.io/juno/proposals/7
3. Should both Osmosis and Juno proposals pass the 14,000,000 $XKI incentive will be dispatched as below:
$OSMO / $XKI external incentives
6,250,000 XKI to LPs on the OSMO/XKI pool.
Distribution: 34722 XKI/Per day for 360 days.in addition toOSMO incentives
$UST / $XKI external incentives
1,500,000 XKI to LPs on the UST/XKI pool.
Distribution: 34722 XKI/Per day for 360 days.in addition toOSMO incentives
$JUNO / $XKI external incentives
The below distribution will be reached if and only if PROP #76 and PROP #6 pass.
6,250,000 XKI to LPs on the JUNO/XKI pool.
Distribution: 34722 XKI/Per day for 180 days.along with250,000 JUNO to LPs on the JUNO/XKI pool
Distribution: 1388 JUNO/Per day for 180 daysand OSMO incentives
These incentives are significantly more profitable than the regular $XKI staking on the Ki Chain, so if you want to learn more about how to benefit from these incentives follow this tutorial.
