Kommunitas Introduces ‘LP Staking Program’ to Empower its KOMmunity with Enhanced Liquidity and Rewards
Introduction
Are you ready to take your involvement in the KOMmunity to the next level? The new LP Staking Program by Kommunitas is not just a feature; it’s a gateway to enhanced liquidity and rewards. Discover how you can make a significant impact and reap considerable benefits in our growing ecosystem.
Simplifying the $KOM LP Staking Program:
In the heart of our decentralized crowdfunding platform lies the $KOM token, a pivotal element bridging Web 3.0 projects with our vibrant community. Recognizing a need to smoothen the trading experience, we’ve innovatively designed the LP Staking Program. Let’s break it down:
What’s the LP Staking Program About?
Boosting Liquidity: The Main Goal
We acknowledge the importance of boosting liquidity in the market, as it not only makes trading $KOM more accessible for all but also attracts significant investors to our community. Liquidity is the cornerstone of this strategy. To ensure there is always enough $KOM available for efficient trading, we have introduced the LP Staking Program.
The $KOM LP Staking Program
This program is centered around two key initiatives:
1. Enhancing $KOM Availability:
The creation of a Liquidity Pool on Quickswap V2 is intended to make $KOM more readily available, especially in the Decentralized Exchange.
2. Improving $KOM Liquidity:
Motivating the KOMmunity to contribute to the liquidity of $KOM on Quickswap V2, thereby increasing market depth and stability.
New Policy Overview
From May 2024, the following changes will take effect:
- Free of Fee on FCFS and Community Round: LP stakers who stake a minimum of 0.02 LP tokens (approx. $500 worth) will enjoy exemption from fees on First Come, First Serve (FCFS) and Community Rounds.
- Eligibility for Booster 1 and Revenue Sharing: Only stakers who meet the minimum 0.02 LP token requirement will qualify for Booster 1 additional allocations and participate in revenue sharing.
- Grace Period for Existing Stakers: If you’ve already staked less than 0.02 LP tokens before the new policy is in effect (April 2024), you will still receive revenue sharing and extra allocation for Booster 1.
However, to enjoy these benefits beyond the grace period (May 2024), you’ll need to increase your stake to meet the new minimum.
Benefits for LP Token Stakers.
Benefits of the Updated LP Staking Program
As part of Kommunitas’ continuous effort to enhance the rewards and opportunities for LP stakers, the updated LP Staking Program introduces several benefits. These are designed to reward those who play a significant role in bolstering the $KOM market’s liquidity and stability:
- Enhanced Allocation in IKOs:
LP token stakers will now receive a 20% allocation in all IKOs, a significant change in the allocation structure. Previously, 40% of allocations went to Whitelisted Addresses (KOLs, Campaign Winners, Teams) and 60% to KOM Stakers. The new allocation is 40% to Whitelisted Addresses, 40% to KOM Stakers, and 20% to LP token stakers. This update ensures that if you stake both KOM tokens and LP tokens, your allocation benefits will significantly increase. To qualify for Public Sale IKOs, you need to stake at least 3,000 KOM, and for Private Sale IKOs, you need to stake 500,000 KOM to be eligible for voting and Booster 1 participation.
- Revenue Sharing Benefits:
LP token stakers who meet the minimum staking requirement will receive a share of the monthly 5% revenue distribution, calculated proportionally based on their LP stake. For example, a staker who holds 0.02 LP tokens will receive a smaller share compared to a staker who holds 0.04 LP tokens, ensuring that rewards are proportional to the level of contribution. The revenue sharing will be distributed by the 5th of every month, similar to the distributions for KOM Millionaire Partners (10,000,000 KOM Stakers). This structure ensures that LP stakers are recognized and rewarded fairly for their crucial role in maintaining the ecosystem’s liquidity and stability.
- Access to Free Tokens:
LP stakers can now enjoy the benefit of free tokens, mirroring bonuses given to those staking for 730 days. This initiative aims to encourage long-term investment and deeper engagement in the $KOM ecosystem.
- Earning from Trading Fees:
LP stakers will earn from trading fees generated within the liquidity pool, providing additional incentives for staking while enhancing the liquidity and health of the $KOM market.
- Exemption from FCFS and Community Round Fees:
By meeting the 0.02 LP token minimum, LP stakers will be exempt from fees on First Come, First Serve (FCFS) and Community Rounds, reducing the cost of participation in these rounds.
These enhancements aim to boost participation while rewarding those contributing significantly to the liquidity and stability of the $KOM market. For more details on the LP rewards, please visit this link.
Conclusion
The LP Staking Program at Kommunitas is not just an initiative; it’s a revolution in decentralized crowdfunding. By enhancing liquidity and offering substantial rewards, we are setting new standards in community empowerment.
Join us in this exciting journey and be a part of a future where your contributions are valued and rewarded.
About Kommunitas
Kommunitas is a decentralized crowdfunding ecosystem for web3.0 projects. Some might refer to it as a “launchpad” or “IDO Platform” but Kommunitas is aiming to build not only a platform, but more of an ecosystem.
Kommunitas not only provides fundraising for any type web3.0 projects from various blockchains (Ethereum, BSC, Polygon, Solana, Avax, Fantom, etc), but also other forms of support, such as Marketing, Community Management, KOL, VC Connections, SEO and even project development needs such as vesting portal and staking platform.
Since its inception, Kommunitas has introduced and pioneered of many interesting concepts in the web3.0 industry. Some of them are Initial KOMmunity Offering / IKO (tierless, no barrier and decentralized IDO) and Social Engagement Burning (a way of rewarding the community by reducing the circulation supply of the token based on engagement metrics across social media)
Not only investors will get capital gains from their investment of Public sale tokens, they are also presented with the opportunity to earn passive Revenue Sharing in Stable Coins as well as in KOM tokens by holding and staking KOM tokens.