KIP-50: Velodrome/Uniswap Liquidity Mining Test 2
| Author | |
|---|---|
| Status | Implemented |
| Created | 2023-01-01 |
Summary
This KIP proposes a second month long liquidity mining trial between Uniswap & Velodrome.
Abstract
KIP-46 and KIP-49 introduced a liquidity mining trial to compare Velodrome and Uniswap. This KIP aims to introduce a second iteration of that trial with updated levels of incentives to test.
Motivation
The first test wasn't a true A/B test because the incentives for each pool's liquidity mining program were different. This KIP aims to create a second test where each pool has the same amount of liquidity to make a comparison easier.
The first test was a trial of Velodrome's liquidity mining program. The results of the first test can be found here. Velodrome attracted roughly ~50% more TVL per 1 $KWENTA of incentives than Uniswap. This test will decrease the total incentives allocated to liquidity mining from 587.57375 to 400 split 50/50 instead of 66/33.
Specification
- Allocate 50 $KWENTA per week to the Velodrome pool for one month.
- Allocate 50 $KWENTA per week to the Uniswap pool for one month.
Copyright
Copyright and related rights waived via CC0.