Well, well, well. Here we are again, anon. And this time, we’re delivering a highly requested feature, especially for those of us who either:

Can’t wrap our heads around the fact providing liquidity requires two tokens (it took me three years, but I’m just the copywriter, not the dev, dw)Cannot be bothered to swap something into another token to provide liquidity

If you’ve been looking to scratch that ICHI for providing single sided liquidity on Kim, and thus avoiding the aforementioned physical and mental barriers, then this one is for you, kid.

Today, we integrate ICHI directly into the Kim UI.
What is ICHI?
It’s not a mosquito bite. And it won’t go away if you scratch it.

ICHI has built two protocols using factory contracts; Yield IQ Vaults (auto-liquidity management) and Branded Dollars (stablecoins for any community).

The former of those protocols, Yield IQ Vaults, will be integrated directly into Kim. With just a few clicks you’ll be depositing liquidity with a single asset and, yes, that liquidity will be magically managed by super duper smart contracts.

Yield IQ is a concentrated liquidity provision algorithm that generates compelling returns with a simple and painless user experience. Users deposit a single token and earn passive returns while the algorithm actively accumulates your preferred token and earns fees.
How to Scratch It (Guide)

So, you wanna provide single-sided liquidity, huh? Get a nice slice of those F A T rewards?

You can identify the single-sided ICHI pools on Kim by the ICHI logo and name attached beside the asset pairings.

Head to the Pools section of Kim, use the filter on the right to filter for ICHI pools that support single-sided deposits.

Make sure you’ve got at least one of those assets in the pair, click through, and deposit.

Voila. Easy as that.
Say gm to ICHI
With the ICHI integration, you’ll be able to enjoy the astronomically high APRs you’re used to with Kim, but this time, the only thing you’ll need is a single token (well, you’ll probably do better if you have multiple of the same token but what I’m saying is you just need a single side of the asset pair to provide liquidity here.

Check it out here.

#ICHI #ALM #MODE #OP #Superchain

LET’S GOOOOOOOOOOOOOOOOOOOOOO
You degenerates did it. The $KIM token sale on the Superchain One launchpad sold out under 18min***.***
Unbelievable.
Anyway, some tough news, Kim has decided to shutter our operations due to unforeseen circumstances. There will be no refunds. Thank you for all your support.
Oof, imagine the smell.
That couldn’t be further from the truth.
First, let’s take a look at what we’ve achieved:
What’s Been Cookin’ at Kim HQ
The chefs simply haven’t left the kitchen since Kim was born all those moons ago. Now, following our incredibly successful token sale on Superchain One, let’s take a look, in bullet-point, ADHD-friendly, format, at some of our highlights:
Raised $300k under 18m on S1Rocketed over $30m in TVLBecame the first project on Mode to distribute Mode’s DevDropBegan sequencer fee sharing of > 13 ETHJimmy, one of our interns, got PADI qualified so now he can SCUBA dive!Launched lotteries with ETH <> USDC and ETH <> mBTC poolsGiving out DevDrop #NFTs. Dropped points, on points, on points, with partnerships around the Web3 world such as Renzo, 3x EtherFi, and more!
And that’s just scratching the surface.
Kim on Superchain One
The $KIM token sale on S1 was a tremendous success. More than 10k of you expressed your interest in the token sale but, alas, only a mere 600 managed to run away with a token allocation.
If that was you, congratulations!
If not, our condolences.
For those of you with $KIM, staking will open up shortly and you’ll be able to convert your $KIM tokens to $xKIM and begin leveraging them throughout the ecosystem.
Read more about the power of $KIM here.
Wen Pools Wen Exchange Wen Airdrop Wen Wen Wen
Soon, anon, soon.
The $KIM token pools will open up on Kim (obviously) very shortly, you’ll be able to provide liquidity freely with rewards in $KIM tokens rather than measly points.
CEX listings are planned. More information on that shortly.
For those with points (kings/queens), your points will be converted to $KIM tokens in the near future. Keep an eye out for updates.
SO YES, you can still earn points and grow your share of the $KIM airdrop pie. It’s not too late, anon.
What’s Next?
Simple; keep on building to make Kim the most rewarding place to provide liquidity in the entire Superchain and, ultimately, Web3.
We’ll continue to close partnerships to bring better and optimised incentives to your liquidity and focus on bringing additional utility to $KIM with $xKIM plugins.
TTFN
Ta-ta for now, anon.
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#Optimism #Superchain #ModeNetwork #Mode