Incentives for Liquidity Provider on FXSwap

Developers Function X Governance
42

Yes Baklava Space will be exploring the liquidation mechanism in phase 2. Kujira is one of projects that we will be looking at.

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43

do you think we could have a section where all the “how to do it links” can be found, I have not been paying full attention & now I want to add Liquidity to FX swap I can’t find the info i need, I typed in Youtube search and found nothing, but all our “how to relative info Links” for everything it would be nice to have a link page that could be triggered by the search on the forum at least.

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Update:

In October 2022, the foundation proposed 5m $FX to incentivize liquidity providers on FXSwap.

We have since passed the proposal and deployed 3m $FX into the incentive contract. The remaining 2m $FX will also be deployed at a not-to-distant date.

83,092 FX to address then to contract
0x9b5df422e09b0b310d8cd55c8fd01c4689f14c0e4aed878172bb0fccae80fea1
356,910 WFX to contract
0xc027414f5e3d2265c1faab68ee336acc1be5af41115a67b4e2dc04e5ba55f07f
0x4607b2b43ab707e1b288a86189b6f52d3e045df8b86bc6a75a98d35d9e5f3973
2,560,000 WFX to contract
0x761513fd6e84bae75fa85575228f24f381184743aecffa2c9e522e6706d8ae95
0x280897c0d6bd19049b3f4e1d0e983c9b1dc6ebcb4f75ef069112bb46b0674b6c

On a separate note, we are discussing how to make a growing FXSwap even better, with potentially more pairs, liquidity and visibility. Margin X team might lend a hand in FXSwap’s coming out party! so to speak :slight_smile:

8 Likes
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Just throwing an idea:
Fx/Pundix are both small cap companies in crypto space. We need to onboard new investors to growth the TVL to get trustful for everyone including big whales. Actually for big players we are way too small in tvl.

A problem from my view is that we lack on demand and offer. We have only few pools in fxswap and all pairs are connected to Fx. To onboard new user we need to increase the amount of pools in three category.

low risk pool with small apr:
stable pools (USDC/USDT/DAI…)

mid risk pool with mid apr:
top10 coins (Sol/Fx Matic/Fx Dot/Fx…)

High risk pool with high apr:
I think we have enough pairs with high apr on fxswap :slight_smile:

1 Like
47

agree
the question is how to make it