The Benefits Of Space Creation; Upsides To Join Kepler Swap Dex
A space as it were is a free, and available environment offered to a certified KeplerSwap user so as to enable for growth and forward movement of the project, space owners share thoughts his immediate tenants with the information and updates about KeplerSwap DeFi 2.0 project, bring in some new strategies that originally were not known all for the consistent growth of the project and also have the freedom to act and function in matters for the advancement of the KeplerSwap.
With KeplerSwap, investors are able to invite more people to participate in community advocacy so as to provide more support for development collectively. SPACE is a term used in the KeplerSwap environment to improve vertical relationships between users, expand user rights and realize autonomous organization. Through SPACE, all members are dedicated to promoting decentralized autonomy.
Features of KeplerSwap SPACE //
· Creation of SPACE: If a user contributes to liquidity market making and has referred other users to contribute in liquidity market making while meeting certain requirements, the user is eligible to submit a SPACE creation application. Once the application is approved, the user is entitled to be the SPACE Owner.
· SPACE Voting: Each token holder is granted a right to vote in a SPACE election.
· Vote Counting: Voting period consists of 7 days, with the first 5 days being the voting period, and the last 2 days being the counting period.
· Vote Withdrawal: No withdrawal of token from the pool after voting.
· SPACE Interests: SPACE Owner is granted all rewards related to liquidity market making from their SPACE members. If the SPACE Owner wins in the SPACE Voting, the owner may gain an extra reward from the contribution pool.
· Vote Withdrawal: No token can be withdrawn from the pool after voting.
Just so you know, the number of votes for a user is proportional to the user's assets, which is equivalent to the balance of the token plus the number of collateral tokens locked in liquidity participation. A snapshot of the user's current balance and the number of positions blocked will be taken at the beginning of each voting period. Also, users vote using the snapshot method.
Subsequently, the top 20 SPACE owners who secured the highest number of votes can proportionally share the rewards fairly. If the number of votes is the same, it will be compared according to the user’s locked up collateral value, and if the value is also the same, it will be compared in chronological order of the user’s account statement. The reward gained by the user can be redeemed at any time. This will ensure that the more active the users are in the SPACE; more rewards are given.
Predominantly, active SPACE users have more decision-making power. They can provide better construction and market development direction. Consequently, users across the ecosystem will also reap greater benefits. The rules are implemented by smart contracts which make the process open and transparent. SPACE is imperative for the KeplerSwap ecological development and is also a means to achieve decentralized autonomy.
Early participants are more liable to gain higher!
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