They’ve arrived; $KIM & $xKIM are here 🎉
And one million (that’s six zeros) of them are set aside to provide boosted incentives for the KIM <> ETH pool.
The One Million $KIM Incentive Program
For this month we’re delivering 1,000,000 $KIM/$xKIM directly into the wallets of our users. Split into four weeks, the first week (as in, um, now) is as such:
You: Provide liquidity into the KIM <> ETH or ETH<>USDC pool. Boost your yield by allocating your xKIM to the yield booster plugin.
Us: Rewarding 400,000 $KIM/xKIM to our community, pro rata, over the next 7 days at a ratio of 1:4 Kim:xKIM
Us: Distribute 400,000 $KIM/xKIM in LP rewards, pro rata, over the next 7 days at a ratio of 1:4 Kim:xKIM
Simple as that, anon.
Half of the incentives will be distributed via Merkl, so any amount of liquidity in the KIM <> ETH or ETH <> USDC pool will begin to earn Kim from the second you deploy.
The other half of the rewards will only come from staking xKIM in the yield booster plugin and applying it to your position.
The remaining 600,000 KIM/xKIM is reserved for the rest of the month, so keep your eyes peeled for what’s to come.
Leverage Your xKIM
Anon, you can choose to jeet your rewards, the token that powers the most rewarding DEX in Web3, or you can put our KIM to work through staking.
Head on over to this page, stake your KIM to receive xKIM (and begin earning protocol fees!), then put your xKIM to work by leveraging the yield booster - Boosting your staking yields by up to +100% by adding ›KIM to any eligible position.
Until Next Week 🫡
Keep building. More to come.
Follow us on X, join us on Discord, and stake your $KIM, $xKIM, and kpNFTs.