Community ISPO
The goal of the Community ISPO is to initiate the development of a Kerb Finance centric community which finds value in Kerb Finance's offering as a synthetic exchange.
The community ISPO is the first ISPO launched by Kerb Finance. It will allocate $KERB to the first people outside its managing board.
Users participating in the ISPO will be the first ones to attain the opportunity to earn $KERB, the governance unit of Kerb Finance, a dividend yielding, decentralized, deflationary token.
1 ADA staked will return 0.0125 $KERB per epoch.
Section | Value |
---|---|
Allocated $KERB | 11,250,000 (1.125% of the supply) |
Duration | Upto 12 epoch |
Launch | End Aug |
Additionally each SPO will be given a portion from a reserved 3,750,000 $KERB (0.375% of the supply). They can choose how to distribute this allocated $KERB amongst their delegators. SPOs will receive part of the $KERB in an equitable manner.
Some possibilities of the Novel Allocation:
- SPOs can choose to provide a booster with the additional allocated $KERB to incentivize time based staking.
- SPOs can choose to distribute $KERB to delegators who have been staking with them prior to the ISPO launch date.
- SPOs can conduct lotteries.
Via this allocation SPOs can devise novel economic models/strategies to attract delegators to their pools.
There will be a fee of 1% applicable on the amount of withdrawable $KERB to be paid in ADA.
Redeemable $KERB | Transfer Fee |
---|---|
100 $KERB | ₳ 1 |
12500 $KERB | ₳ 12.5 |
Addresses registering to vote in the fund 9 catalyst program will be exempted from paying the transfer fee.
Catalyst Fund 9 registration ends before 4/Aug/2022, 11:00 UTC.
Users can find the details of Kerb Finance partners (#KerbPartner) through the table below:
Partner Pools | Partner Pools | Partner Pools | Partner Pools |
---|---|---|---|
| | |
Last modified 6mo ago