How to Provide Incentives
Following these steps you will learn how to incentivize the ATOM/USK pool on BOW. These steps can be followed on any pool to provide incentives.
Last updated
Following these steps you will learn how to incentivize the ATOM/USK pool on BOW. These steps can be followed on any pool to provide incentives.
Last updated
Navigate to bow.kujira.app
Connect on the top right to your Keplr or Sonar wallet by clicking the connect wallet button and selecting the corresponding wallet (Keplr or Sonar)
Click the Pools button on the top left
ATOM/USK is one of the featured pools. A longer list of all liquidity pools is located at the bottom of the page. Navigate to the ATOM/USK pool and click on it
Next, on the top right, under the listed ‘Incentives’, click ‘Incentivize this pool
Next, under ‘Select the Incentive Token and Total Amount’ scroll through and select the token that you would like to provide as an incentive (rewards for others) to the liquidity pool
Then enter the amount of the chosen token that you would like to provide to the ATOM/USK BOW LP
Next, select a distribution start and end date to control the distribution rate of the provided incentives
Next, select the Incentive type. 'Decreasing linearly' decreases the amount of provided rewards over time–whereas 'fixed' provides the same amount of daily rewards across the entire distribution period
Next, toggle both acknowledgements to confirm that you understand this incentivizing is a one-way transaction, with any submitted tokens being distributed to LP stakers–and that incentivizing incurs a fee of 10 USK
Finally, click the blue ‘Incentivize Pool’ button and pay gas fees to finish the process