About Kava Swap
Kava Swap is a cross-chain liquidity hub for built on Kawa network. At the base level, Kava Swap is a cross-chain Autonomous Market Making (AMM) Protocol that leverages the Kava platform’s DeFi infrastructure, cross-chain bridges, and security. Kava Swap delivers users a seamless way to swap between assets of different blockchains and deploy their capital into market making pools where they can earn handsome returns.
Liquidity Mining
At launch, the following reward structure will be in place. Users who provide liquidity to the following pools will receive the annual SWP token rewards listed below. These rewards can be adjusted via governance proposals.
KAVA:USDX — 7M SWP/year
SWP:USDX — 6M SWP/year
BUSD:USDX — 5M SWP/year
BTCB:USDX — 1.5M SWP/year
HARD:USDX — 1.5M SWP/year
BNB:USDX — 1.5M SWP/year
XRPB:USDX — 1.5M SWP/year
Total — 24M SWP/year
Here is the Liquility Mining Reward APR
The 1000% bonus reward if you choosing the reward to vest in 12 months.
Token distribution
250M Kava Swap Tokens will be minted at genesis and will become accessible over a 4 year period. The initial Kava Swap Token allocation is as follows:
55% — Community
25% — Treasury
15% — Team
5% — Ecosystem
Community Funds will be used for LP incentivize, KAVA Staking incentives, Airdrops, and other activities voted in by the community.
The Kava Swap Token — Decentralized governance and incentives
The Kava Swap Token’s primary role is to give holders a voice in the maintenance and evolution of the protocol. Collectively, Kava Swap Token holders are responsible for managing key parameters of the protocol such as what assets are to be offered, how rewards are distributed amongst assets, as well as set any platform fees, etc.