How to contribute liquidity in BNC/kUSD Bootstrap pool
On October 19th, a 48-hour BNC/kUSD Bootstrap swap pool was launched in Karura when the block number #782000 was reached. This Bootstrap needs to reach the set standard target: 20,000 BNC or 200,000 kUSD liquidity. As of now, the liquidity target has been over 500%+ completed, the addresses holding kUSD/BNC can still continue to participate. At the end of Bootstrap, the BNC/kUSD trading pair will be launched and the liquidity incentives of 200k BNC & 25k KAR will be activated.
At the same time, the incentive plan will also provide generous mining rewards:
BNC reward Reward Eligibility: Provide liquidity for BNC/kUSD at Karura Swap Award period: 3 months Reward: 200,000 BNC
KAR reward Reward Eligibility: Provide liquidity for BNC/kUSD at Karura Swap Award period: 3 months Reward: 25,000 KAR
*After Bootstrap ends, you can claim your LP and participate in reward mining.
Bifrost Admin. Loves Kusama & Polkadot. Also loves Dragons.
Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for pledged assets to provide liquidity. It has launched a derivative vToken for Staking and Polkadot Parachain Slot (PLO). It has obtained $2.15M in fund-raising from NGC, SNZ, DFG, CMS and other institutions and Web3 Foundation Grants. It is also a member of Substrate Builders Program and Web3 Bootcamp.
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