POLKPOOL: Polkadot/Kusama Ecosystem

POLKPOOL: Polkadot/Kusama Ecosystem

Idea: Kusama Parachain Winners

Pool tokens of the Kusama parachain winners in proportion to share of KSM locked for each project relative to total KSM locked. Karura won the first auction with about 500k KSM locked. Total locked 845k KSM, so Kar will get 59% share of pool. There will be 2 more auctions but when finished, we will know the total amount KSM locked for first wave of auction and KSM locked for each winner. How to do it: 1) wait for moonriver bridge to start working (probbly in August) and use wrapped tokens on Eth network 2) create this index right on Kusama chain (dunno if its possible cuz Solidity developers using ETH and for this path we will need to find Substrate dev(s)) 3) create index on Erc-20 but without real tokens inside Reason to do it: I believe that Polkadot and Kusama will bring a lot of new features in crypto space, they have pretty unique ideas about shared security, building apps and they will definetely sink some liquidity from Erc-20 as BSC did. It is pretty hyped area and it can be helpful for users to get income cuz I think that whole Kusama ecosystem will have pretty much the same price action and it will be easier to buy an index token to get profit.

The team has submitted a Grant application for SALP (Slot Auction Liquidity Protocol), through which Bifrost will unlock the liquidity of locked DOT/KSM in slot auctions by generating derivatives vsToken (vsDOT/vsKSM) and vsBond.

Research on Polkadot