KuSwap v3 Migration: Painting a New Landscape in DeFi

KuSwap
3 min readJun 29

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Dear KuSwappers,

Today, we celebrate a remarkable achievement: the passage of the groundbreaking 3-part KuSwap v3 Migration Proposal. We want to extend our congratulations and heartfelt thanks to each and every member of this extraordinary community. Your unwavering support, dedication, and collaboration have paved the way for a better KuSwap. But more importantly, it is a testament to what we can achieve when we join hands.

One particular highlight that deserves special mention is the participation of 445K KUSGOV in the part 3 voting. The overwhelming response from KuSwappers clearly demonstrates that we are united behind a shared vision.

Migration Period

The start and end of the migration period will be announced tomorrow at 2PM UTC, as well as details about the migration itself.

We would like to remind everyone that any KUSGOV minted after that announcement will not be eligible for migration. In the same line, any KUSGOV minted before the announcement will be accepted for migration. We recommend choosing the highest locking period so as to get the most KUSGOV for migration and to maximize the migration bonus.

Surprise Rewards馃帀

A small bonus of 50,000 KUS tokens from the team will be divided proportionally to all those who joined the voting on the 3 proposals. This is a small token of appreciation to all those who took the time to support the KuSwap migration through their votes.

Looking Forward

Looking ahead to what awaits us once the migration period concludes, there are several exciting developments to anticipate. Let鈥檚 delve into a few key highlights:

  1. Aligned Incentives, Gauge Voting, and Bribes
    Right after the migration period, these features will be live and will contribute to the growth of the KUS token.
  2. KUS Warriors
    A migration and consolidation of our 2 NFT Projects (KUSFOX OG and KUSFOXES) into a a single NFT protocol that can level up and has a specific usecase in the KuSwap ecosystem.
  3. KMX Launch
    After the migration, we will also be preparing to launch the KMX platform and the KMX token, bringing an optimized leveraged trading platform to KCC.

As we stand on the cusp of this transformative era, let us draw inspiration from our past achievements and look forward to the boundless possibilities that lie ahead. Remember, the true strength of KuSwap lies in the unity of its community. Together, we have the power to reshape the financial landscape, redefine decentralized finance, and empower individuals worldwide.

Once again, congratulations to the KuSwappers for their unwavering dedication and the successful passage of the KuSwap v3 Migration Proposal. Let us continue to collaborate, innovate, and propel KuSwap towards an even brighter future.

With deepest gratitude and anticipation,
The KuSwap Finance Team

KuSwap Finance

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KuSwap

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