For the complete documentation index, see llms.txt. This page is also available as Markdown.
Liquidity Provider Reward
Figure 1. The Overall Token Flow of Liquidity Provider (LP) Reward
Since the JOY token acts as a governance voting power for governing the Drawshop Kingdom Reverse and a reward for the ecosystem participants, high exchange liquidity for JOY is crucial for maintaining a constant incentive flow.
To incentivize setting up the initial liquidity of JOY, 20% of the JOY tokens are allocated as Liquidity Provider (LP) Reward. JOY holders who provide liquidity to the JOY-KLAY pair on Klayswap and stake the LP token to the JOY-KLAY LP Pool on the Drawshop Kingdom can receive the LP reward. The rewards will be distributed pro-rata to the LP tokens they have staked.
