Add Incentives
1. Click on Incentivize Pool
In the Earn menu, click Incentivize Pool under the Incentivized Pools section.
2. Select a pool
Select a pool to add incentives to.
3. Select the distribution period
Select a range of dates during which your incentives will be distributed. Choose the starting date inside the calendar, and specify a total duration from three options: 90 days, 180 days, or 365 days.
Distribution Period
Rewards are evenly distributed on a per-block basis, meaning that the exact time it takes to disperse your rewards fully may differ from the selected dates due to the network conditions of the blockchain. For a precise schedule, please refer to the block heights after the distribution begins.
Warm-up Periods
Incentives are distributed with warm-up period, a distribution mechanism that applies a dynamic multiplier to each staked position based on its total duration staked in range, which is considered when calculating the staking reward. This mechanism is designed to encourage long-term liquidity provision while offering flexibility for those who often need to adjust their price range to remain active due to liquidity concentration.
The unvested rewards from the warm-up periods go to the incentive provider's address once the incentive duration, set by the incentive provider, ends.
4. Set the reward amount
Select the token and the amount to be distributed as incentives. The bottom of the modal will display detailed information about your incentive distribution plan. Click on Incentivize Pool to proceed.
Accepted Incentives
To prevent users from receiving harmful tokens from unknown sources, there is a limit on which tokens can be added as incentives: $GNOT, $GNS, and the pair of the pool.
5. Preview your transaction
Review the details of your transaction and click on Confirm Incentivize Pool.
6. Approve your transaction
A pop-up from Adena will appear in a new window, prompting you to approve the transaction. Click on Approve to proceed.
7. Check the incentives
Once your transaction is complete, your pool will now appear under Incentivized Pools. Visit the Staking section of your pool and hover over the APR to check the details of your incentives.
Last updated