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 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... Learn More

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