Protocol-Owned Liquidity (POL)
Sustainable Infrastructure
A portion of trading fees allocated to the Zealous Swap treasury is directed to protocol-owned liquidity initiatives, creating sustainable infrastructure for the Kaspa ecosystem. These funds are received as LP tokens, which directly improves the protocol's liquidity depth.
Key Benefits
Protocol-owned liquidity provides several strategic advantages:
Long-term Sustainability - Independence from mercenary liquidity that can withdraw during market volatility. Every month, 5% of the protocol's profits are allocated to POL, ensuring a stable and locked liquidity base that cannot be removed or withdrawn.
Strategic Support - Ability to support important trading pairs even with initially lower volume. The permanently locked liquidity provides a consistent foundation for trading, regardless of current market conditions.
Crisis Protection - Safeguard against liquidity crises during market downturns. With liquidity that is permanently locked and automatically compounding through fee reinvestment, the protocol maintains stability even during periods of extreme market stress.
Permanent Liquidity - Creates a base layer of liquidity that will never be sold. These LP tokens are locked in the pools, providing a consistent and growing liquidity base that continuously generates and reinvests fees.
Future Governance
As Zealous Swap evolves, the protocol's DAO will be able to vote to reallocate this liquidity between different pools. Importantly, while the allocation of POL may change through governance, the liquidity itself remains within the protocol at all times, ensuring consistent trading capabilities for all users.
Economic Impact
By establishing protocol-owned liquidity, Zealous Swap creates a positive feedback loop:
Trading generates fees
Portion of fees becomes protocol-owned liquidity
Deeper liquidity improves trading experience
Better trading experience attracts more volume
More volume generates more fees
This virtuous cycle helps bootstrap the entire Kaspa DeFi ecosystem.
Summary
Overall, POL acts as a long-term safeguard, ensuring that the protocol maintains robust liquidity regardless of market conditions, with the added advantage of compounding growth through fee reinvestment.
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