Protocol/Project Name:
- Kim Exchange
Protocol Overview:
KIM Exchange provides efficient and customizable liquidity solutions, such as concentrated liquidity pools, to enhance liquidity depth and reduce trading costs. In addition, KIM Exchange improves user experience by offering a user-friendly interface, streamlined trading processes, and integration with Layer 2 scaling solutions.
KIM Exchange prioritizes robust smart contract development, comprehensive security audits, and the implementation of advanced security measures like multisig wallets to ensure the safety and integrity of its platform.
In addition, hooks offer users on Kim Exchange a powerful toolkit for optimizing their trading and liquidity provision activities, empowering them to tailor their strategies, automate tasks, integrate external resources, and adapt to dynamic market environments with greater ease and effectiveness. A prime example is our Nitro Pools plugin, where incentives are distributed for staking LP positions.
Lastly, Kim Exchange has integrated three (3) ALMs (Steer, ICHI, and Gamma) to provide users with top of the line strategies for LP range management. By using these ALMs when creating positions or adding liquidity, users will experience reduced impermanent loss, indefinite positions, and additional incentives.
MS Receiver Address:
Mode: 0x982fEFb576A28C988637bdf37313dD69f6483254
Optimism: 0x982fEFb576A28C988637bdf37313dD69f6483254
Distribution Confirmation:
We confirm that we will use Merkl to distribute the incentives received.
Incentive Impact Statement:
Kim Exchange will use Season 3 incentives to incentivize KIM-MODE, ETH-MODE, and ETH-KIM LPs. Kim Exchange will be the only DEX to have access to Merkl’s new incentivizing feature, which will enable rewards for users that meet certain criteria:
- User must hold x token for at least x amount of time
- User must hold at least a certain amount x token
This new incentivizing tool will be exclusive to Kim Exchange, as we have a strong partnership with Merkl and helped devise this new incentivizing feature.
In addition, Kim Exchange is building a kpNFT Marketplace, which will allow users to buy, sell, and trade their LP positions (kpNFTs). With partnerships with other dex’s, Kim Exchange can provide an environment where users will be able to trade spNFTs from across the Mode ecosystem.
Eligibility Criteria:
Additional Information:
Roadmap
Kim Exchange will have its own governance protocol in Q4 2024. This governance will enable community members to vote on important protocol proposals, including protocol incentive allocations, development priorities, emissions, and more.
Kim Exchange will integrate account abstraction and smart accounts within its UI to create one click strategies, making it easier for users to conduct their defi needs.
Partnerships
Kim Exchange is working closely with ICHI and Ironclad to bring innovative and high yield bearing models for users across protocols, such as single sided deposits with co-incentivizing Merkl rewards.
In addition, Kim Exchange has partnered with Turtle Club to bring in more liquidity for LPs, reducing swap fees and providing deep concentrated liquidity on Mode.
Community Engagement
- Campaign with Metrome to co-incentivize
- $MODE single side depositi ICHI Vault Campaign
- Nitro Pool campaign with ALEX
Contact Information:
- tae@kim.exchange
- @clvr_tk