KLAYswap
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  • Introduction
  • Protocol Overview
  • Core Concept
  • KLAYswap Advantages
  • Risk & Security
  • Privacy Policy
  • Audit
  • TOKENOMICS
    • KSP
      • KSP TOKENOMICS
      • Automation of KSP distribution rate
        • Voting policy on passing governance
        • KSP distribution ratio reflection policy
      • KSP Allocation
  • PRODUCT
    • SWAP
    • Single-side Deposit
      • Detailed policy of Single Deposit
    • Pair Deposit
    • V3 Pair Deposit
      • V2 to V3 Migration
        • V2 to V3 Migration Guide
        • V2 to V3 Migration Policy
      • V3 Pair Deposit
        • V3 Deposit Guide
        • V3 pair Deposit Policy
      • V3 to V3 Migration
        • V3 to V3 Migration Guide
        • V3 to V3 Migration Policy
      • V3 Pair Withdraw
        • V3 Withdraw Guide
        • V3 Withdraw Policy
    • Plus Deposit
      • Detailed policy of Plus Deposit
    • Long/Short Position Deposit
      • Open and Close Long/Short Positions
        • Open Short Positions
        • Open Long Positions
        • Remove Long Position
        • Remove Short Position
      • Position Deposit Details Policy
    • KSP Staking & Voting
      • Staking, Pool Voting Policy
    • Governance
      • Governance Voting Policy
    • Drops
    • Ecopot
    • Pool Airdrop
    • APR & APY
      • TVL
      • Pool
      • Staking
    • Interest rate
  • DEVELOPERS
    • Contract
      • Factory
      • Exchange
      • PoolVoting
      • VotingKSP
      • Treasury
      • Distribution
      • Governor
      • SinglePool
      • SinglePool Factory
      • PlusPool
      • PlusPool Factory
      • Store
      • Utils
      • Single/Plus Utils
      • Helper
      • EcoPotVoting
      • EcoPot
      • V3
        • V3Factory
        • V3Pool
        • NonfungiblePositionManager
        • NonfungibleTokenPositionDescriptor
        • V3SwapRouter
        • V3Migrator
        • V3Estimator
        • PositionMigrator
        • V3Treasury
        • V3AirdropOperator
        • UniversalRouter
    • Airdrop
      • Set Airdrop Operator
      • Start Airdrop
    • EcoPot
      • Set EcoPot
      • Start EcoPot
  • HOW-TO GUIDES
    • KLAYswap Guide
    • How to add liquidity on KLAYswap
    • [Burrito Wallet] How to deposit assets using mobile devices?
    • How to create a liquidity pool on KLAYswap
    • How to stake and vote on KLAYswap
    • How to deposit assets
      • Deposit Klaytn-based assets
      • Deposit Ethereum-based assets
      • Deposit XRP
    • FAQ
  • KLAYswap
  • Orbit Bridge
  • KLAYswap git
  • Orbit Bridge git
  • KLAYswap audit report
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On this page
  • Acquisition of vKSP according to KSP staking period
  • KSP Inflation rewards
  • Pool voting rewards

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  1. PRODUCT

KSP Staking & Voting

PreviousPosition Deposit Details PolicyNextStaking, Pool Voting Policy

Last updated 3 years ago

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KSP staking participants will obtain pool voting rights (vKSP) related to overall governance of KLAYswap as well as staking rewards. Even if you stake the same number of KSPs, the pool voting rights (vKSP) you get may vary depending on the length of staking period. In other words, the longer they participate in governance, the more voting rights they get, and by securing strong decision-making authority, they can exert more influence on the growth of KLAYswap.

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Acquisition of vKSP according to KSP staking period

KSP staking acquires different amounts of voting rights depending on the number of months and duration.

4month

8month

12month

multiple

1

2

4

Voting rights

1 vKSP

2 vKSP

4 vKSP

KSP Inflation rewards

KSP stakers can earn pool voting rights (vKSP) and KSP rewards distributed through inflation. The KSP distribution rate for staking participants is 40%, which can be changed through governance voting.

Distribution target

Distribution ratio by block(%)

Distribution per block

Daily distribution (86,400 blocks)

Single depositors

5%

0.05 KSP

4,320 KSP

Pair depositors(Existing, Plus)

55%

0.55 KSP

47,520 KSP

KSP staking

40%

0.4 KSP

34,560 KSP

Total

100%

1KSP

86,400 KSP

*** Excluding development commissions (15%) when distributing.

Pool voting rewards

Pool voting is a powerful incentive to operate KLAYswap and a democratic decision-making system that determines which pool to distribute more KSPs to. Only holders with pool voting rights (vKSP) can participate, and holders with voting rights can receive additional 50% of the transaction fees incurred in the pool.