Liquidity incentives for KSM<>DOT pool

6mos ago
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Great idea, I would like to collaborate on this.

We should differentiate asset transfer (bridge) with asset conversion (swaps). I assume you are looking to implement swaps, hence the liquidity needed.

I spent some time researching atomic swaps between KSM and DOT. Apart from the tech, there are some legal and financial challenges:

  • operating an exchange - we would need some legal advice
  • order book - we need a way for DOT and KSM holders to find each other - smart contract or pallet
  • oracle - where would the platform get up-to-date exchange rates?
  • margin - what % goes to fees, how do LPs get rewarded, is there any compensation for developers etc.

As reference, there is an implementation of

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