💸 KPI Options
What are KPIs?
Key Performance Indicator (KPI) options are synthetic tokens that will pay out more rewards if a project’s KPI reaches predetermined targets before a given expiry date. Every KPI option holder has an incentive to improve that KPI because their option will be worth more. This is intended to align individual token holder interests with the collective interests of the protocol.
Why KPIs?
The goal of the KPI options program is to motivate Total Value Locked (TVL) growth of DFX protocol and it will track TVL in DFX pools.
Details
At the current moment, this KPI website only allows connections from MetaMask. (Wallet Connect support will be added shortly)
What Blockchain are my KPIs on? - The KPIs were dropped on the Polygon (MATIC) network. This was done to help everyone save on gas fees whenever it comes time to claim.
DFX KPI-Option Contract - 0x8e3dac652540a8e5128afd2ddf2d0c2099e4d4ab (https://polygonscan.com/token/0x8e3dac652540a8e5128afd2ddf2d0c2099e4d4ab)
What can I do with my KPIs? - We know some people may not want to wait until March 1st expiry and that is totally fine.
So, we went ahead and made a LP on SushiSwap for people to swap their KPI-Options out if they choose to do so.
You can find that Liquidity Pool right here - https://app.sushi.com/swap?inputCurrency=0x8E3daC652540A8E5128AFd2DDF2D0c2099E4d4ab&outputCurrency=0x2791Bca1f2de4661ED88A30C99A7a9449Aa8417
What pools are tracked in the TVL? - https://github.com/UMAprotocol/UMIPs/blob/master/Implementations/dfx-tvl.md
Last modified 12d ago
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