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Incentive Program
Details regarding the incentive program for LKSM.

Incentive Summary

LKSM Staking Rewards
    A Total of ~100,000 KAR rewards will be given out for a two week period beginning the 28th of September 2021. This two week period has now finished and users will no longer earn KAR rewards for staking LKSM. This will result in APYs to show as 0% or NA for LKSM collateral staking.
    30,000 KAR (30%) base reward pool and 70,000 KAR (70%) Loyalty Bonus provision.
    Loyalty Program lasts for 4 months. To earn your entire Loyalty reward, your KAR rewards needs to be locked expiration of the program. However, you can still withdraw your staked LKSM with no impact to the Loyalty Bonus.
    Base reward is calculated and earned per period
    Stake LKSM tokens at any time during the program, and start earning incentive rewards.
LKSM-KSM LP Pool Rewards
    A Total of ~250,000 KAR rewards will be given out for a four month period beginning the 28th of September 2021.
    75,000 KAR (30%) base reward pool and 175,000 KAR (70%) Loyalty Bonus provision.
    Loyalty Program lasts for 4 months. To earn your entire Loyalty reward, your KAR needs to be locked expiration of the program.
    Base reward is calculated and earned per period.
    Stake LKSM-KSM LP tokens at any time during the program, and start earning incentive rewards.
Additional details for the incentive programs can be found here.

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Last modified 18h ago
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