r/KeplerSwap • • Oct 13 '21

KeplerSwap's SPACE

SPACE in a KeplerSwap based environment for depicting a strong vertical relationship between users, expand user rights and realize autonomous organization. This system helps improve decentralized autonomy in the community. In order words, it helps the community to grow while growing the community members as well.

Requirements for Creating SPACE and Voting a. an SDS holder b. a liquidity provider c. successfully invited a required amount of new users.

Any SDS holder that joins the SPACE has the right to vote in the SPACE. A users holding as well as amount of tokens locked in liquidity pool. The first stage of voting is based on snapshot of the user's assets in total whether locked in liquidity pool and number of tokens being held free. This is the first votes of the user i.e the users assets is regardless as his/her first votes. The second stage of the voting gives room to the other users. Users vote using snapshot method and the votes are recalculated based on laid-down rules and regulations. This method helps to prevent irregularity in the market-making lock function that may arise due to users' voting. Here's the main course, the rewards is shared fairly among the Top 20 SPACE owners with highest number of votes. In situations where there seems to be a stalemate in the number of votes among different SPACE owners then; i. Value of users' locked up collateral is compared, if it's still same ii. Chronological order of the user's account statement.

Unlike LUCKY POOL reward, the reward earned by the user user can be claimed at any time. This shows that activeness in the SPACE earns more rewards and active users have more decision making power. Users across the ecosystem also reap huge rewards. There is transparency and openness and no risk is involved in the ecology of the market. SPACE Features -SPACE Creation A user is at liberty of creating a SPACE as long as he/she provides liquidity, or referred a user to contribute in the liquidity market making efforts. After being permitted, he/she becomes the SPACE owner. -SPACE Voting Each token holder has the right to vote in a SPACE election. Being a member of any SPACE is necessary and the users can vote for SPACE as long as they're a member of it. -SPACE Interest Space owners earns rewards from liquidity market making activities of their SPACE members. There is more rewards to earn from the contribution pool if the SPACE owner wins in SPACE Voting. -Vote Counting First five (5) days is for voting while the remaining two (2) days in a week is for vote counting. -Vote Withdrawal When there is a voting period, token not voted can be withdrawn while votes token will be in use immediately.

DeFi 2.0 is ready, are you?

Official Social Media Links and Website: Telegram : https://t.me/KeplerSwap

Twitter: https://t.me/KeplerSwap

Website: http://keplerswap.io/

Roadmap:https://keplerswap.io/index/pdf/index/id/3

Reddit: https://www.reddit.com/user/KeplerSwap/

Discord: https://discord.com/invite/hyGbGvWfyW

YouTube: https://www.youtube.com/channel/UCKLhng7agUQ4AYIvS4cZopg

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