Maximizer
About Auto Maximizer
This service is to provide capital efficiency by providing liquidity for staked governance tokens, starting with KSP, the governance token of KLAYswap, which boasts the largest liquidity scale on the Klaytn network.
KLAYswap provides KSP tokens that can be used to participate in governance and obtain rewards, but you must lock for at least 4 months and up to 12 months in order to receive rewards. Because it has to take the burden of giving up liquidity, it is difficult to decide whether to staking KSP because it cannot guarantee which is the better choice between locking for a long period of time or maximum compensation.
We are trying to provide the Auto Maximizer service so that you can get the maximum reward only with amKSP Staking without locking the token without such worries.
Auto Maximizer Benefits
When a KSP holder deposits KSP through amKSP Mint in Kai Auto, the KSP is locked for the maximum period in KLAYswap. And amKSP is minted in a 1:1 ratio with the number of KSPs deposited and paid to the depositor.
The staking rewards and drops token rewards obtained by depositing KSP in KLAYswap are all provided as amKSP staking rewards.
Transaction fee compensation and ecopot token compensation generated by participating in pool voting using vKSP obtained by depositing KSP in KLAYswap are used as follows. (Pool voting will be operated through Kai Auto governance.)
25% is provided as a reward to amKSP Staking
5% is provided as a reward to aKAI Staking by purchasing aKAI
50% generate amKSP-KSP LP and send to Treasury
20% generate aKAI-KLAY LP and send to Treasury
*We plan to hold LP so that Kai Auto Treasury can provide stable liquidity.
4. Additionally, the amKSP Staking vault provides auto compounding and aKAI rewards, so you can enjoy all these rewards with compound interest. (It is auto-compounded daily to maximize profits.)
For example, based on the current KLAYswap expected return, it is as follows:
4 month lockup KSP staker = expected rate 36.27%+ [100% of vKSP revenue] 12 months + @ lock-up KSP staker = expected rate 290.20% + [100% of vKSP revenue] amKSP Staker = Expected rate 1700.27% + [28.39% of vKSP revenue] + aKAI reward
(* vKSP revenue = Pool Voting, Ecopot reward)
5. amKSP — KSP liquidity pool allows you to exchange amKSP for KSP at any time.
As a result, the amKSP staker enjoys compounding effects without the burden of locking and can earn greater profits than the general KSP staker.
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