Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B
by
Big Naturals
on 29/07/2020, 02:05:07 UTC
How is defi yield farming possible, is Komodo releasing a governance token?

No gov token afaik

AtomicDEX "takers" pay 0.15% trading fee which goes to 1M DEX asset holders, "makers" (i.e. liquidity providers) pay nothing.

Bob Lazar owns 15.5% of DEX assets (i.e. 7.7% of atomicdex fees) he is offering to give them away as LP incentives for 3 years.

That means "makers" get paid to add liquidity on Atomicdex, 7.7% of the 0.15% fee the "taker" pays!

It's bullish for Atomicdex liquidity, incentives happens at the margins, the Defi craze has spoken, LP's want to be paid!