DragonSwap Monthly Update — Sept 2024
As part of our ongoing commitment to transparency and active engagement with KAIA ecosystem, we are excited to present our monthly update for Sept 2024. This report will provide a detailed overview of our progress, KLAY distribution, and key metrics for the past month, as well as our strategic plans for the upcoming month. Your continued support drives us to build and improve every day, and we’re eager to share our journey with you.
Monthly Update
Contracts Incentivzed on Sept 2024:
- KLAY/USDT, BTCB/WETH, USDT/WETH, BTCB/USDT, USDT/USDC, BORA/KLAY, KLAY/AWM, KLAY/AZIT, USDT/GRND, USDT/KAI, KLAY/GRND, KLAY/MBX, KLAY/SIX, BORA/USDT, xGRND/GRND, xGRND/USDT
Plans for the Next Month
- Amount of KLAY to be distributed: Around 400,000~450,000 KLAY
- Plans to use KLAY in the following month:
LP Incentive funds will be distributed exclusively to the users who comprise the LP - Summary of changes to the original plan(if any): N/A
- Contracts that will be incentivized: N/A
- Mechanism for distribution incentives:
The LP incentives are structured and provided primarily to pairs that are deemed necessary for the Kaia ecosystem or those that generate significant trading volume.
Summary of Sept 2024
- LP Incentive funds will be distributed exclusively to the users who comprise the LP
- Encouraging a significant number of users to join the BTC/ETH pool.
- Increase in transaction fee (gas fee burned) after the Klaytn chain hard fork.
Conclusion
We hope this update provides you with valuable insights into our protocol’s performance and future direction. We remain committed to ensuring that every step we take aligns with our mission to create a thriving ecosystem for the Kaia community. Your feedback is always welcome, and we look forward to another productive month ahead.
Join our community and stay tuned for more updates!
- Website: https://dgswap.io/
- X: https://twitter.com/dgSwap
- Telegram Announcement: https://t.me/DragonSwap_ANN
- Telegram Group Chat: https://t.me/DragonSwap_COMM
#DragonSwap #KLAY #DeFi #Klaytn #LiquidityIncentive #D2I
