1. Project Introduction
Creator is a Blockchain-as-a-Service (BaaS) project that provides No Code Smart Contract, Low Code DApp and other services to empower the blockchain economy.
CTR token is an ERC-20 token. CTR holders can swap ERC-20 CTR tokens for native CTR coins at the ratio of 1 to 1. CTR token shall be used to pay for BaaS infrastructure, transactions, to buy NFT of creation products, etc.
2. Proposal Summary, Motivation, and Key Details
Creator is a BaaS platform that is developed to help individuals, entrepreneurs and enterprises effortlessly build their Smart Contract and DApps, whether it’s NFT, DeFi, or any other applications, in a cutting-edge and cost-effective hosting environment.
Creator is proposing a joint liquidity mining program with Kyber to help improve liquidity for the CTR token on KyberDMM protocol.
Creator is an ideal candidate for Rainmaker Liquidity Mining on KyberDMM. The project has attracted attention from lots of valuable VCs, such as Master Ventures, Kardia Ventures, Exnetwork Capital, etc. Apart from having the IDO launch on Ignition - PAID network, Creator also receives the support and advisory from Kyle Chasse - Founder of Master Ventures and backed by VMO Group - one of the top 10 IT companies in Vietnam.
At the same time, the project is supported by crypto influencers such as Crypto Villa, tehMoonWalkeR, etc with many activities ongoing. Creator has over 10,000 members in their global telegram channel and the same number of followers on twitter. With KyberDMM, Creator believes that CTR holders also become KyberDMM users, boosting the profit of both sides.
During the campaign period, liquidity providers who add liquidity (deposit tokens) on the eligible CTR-ETH pools will receive LP tokens that can be staked on the Yield page for additional CTR and KNC token rewards. As part of the campaign launch, there will also be joint marketing efforts with Kyber Network.
Creator will provide the minimum requirement of $200,000 worth of liquidity on a new amplified CTR-ETH pool on KyberDMM. Together with requested KNC rewards, total incentives exceed the minimum requirement of $200,000.
3. KNC Amount Requested
$100,000 (77,000 KNC)
4. Project Contribution Amount
$200,000
5. Network
Ethereum
6. Token pair option
ETH
7. Vesting Schedule
14 days
8. Campaign Duration
1 month
9. Project Details
Website URL: https://www.creatorchain.network/
(Creator - CTR | Joint Liquidity Mining Proposal · Issue #23 · KyberNetwork/KIPs · GitHub)