Liquidity Incentive Program
Participate in the Liquidity Incentive Test Program.
During the Test Program, Akron point token (AKRONp) will be distributed from the Early Liquidity Incentive allocation.
The distribution ratio for each pool will be based on an exponent of TVL and cumulative swap fees. For example, using the TVL metric, if a pool with $10 TVL has a ratio of 1 point/$, then a pool with $20 TVL with $20 will have a ratio greater than 2 point/$. The exponent feature for a pool will be applied until the pool reaches $100,000 TVL.
Merkl (https://merkl.angle.money)'s maintenance fee of 3% are deducted from the incentive.
The point is fixed at $2 until the first source of pricing appears. With an initial unlock of 0.5% of total supply, this would translates to $250,000 circulating supply valuation. It is recommended to conduct your own analysis before liquidity provision.
The Test Program is in effect to ensure the stabilization of the protocol. Akronswap has used the open source codes provided by Uniswap V2 with slight modifications to implement dynamic swap fees, and the modified code has been tested thoroughly for months. However, we advise you to provide only small sums you can comfortably risk 🙏 Your assets are most important among all else.
After Test Program ends, and after gathering suggestions from LPs who participated in the program and other members of the community to add/remove/change features, migration to a new updated contract could occur. If it occurs, there will always be sufficient prior announcements, sufficient prior communications with LPs and sufficient adjustment period.
Core developers have provided liquidity to selected pools to align interests with LPs, and will burn all the incentives they receive to align interests with LPs.
Test Program Details
| Chain | Pool | |
|---|---|---|
Ethereum Mainnet | ETH/USDC | |
Arbitrum One | ETH/USDC | |
Arbitrum One | ETH/ARB | |
Base Mainnet | ETH/USDC | |
BSC Mainnet | BNB/USDT |
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