1. Project Introduction
EvryNet is a blockchain protocol focused on developing an inclusive, open-source platform to provide financial services and products catering for the unbanked/underbanked.
2. Proposal Summary, Motivation, and Key Details
EvryNet is proposing a joint liquidity mining program with Kyber to help improve liquidity for the EVRY token on KyberDMM protocol.
During the campaign period, liquidity providers who add liquidity (deposit tokens) on the eligible EVRY-ETH and EVRY-USDT pools will receive LP tokens that can be staked on the Yield page for additional EVRY and KNC token rewards. As part of the campaign launch, there will also be joint marketing efforts with Kyber Network.
EvryNet is an ideal candidate for Rainmaker Liquidity Mining on KyberDMM. The EvryNet project was jointly developed with Kyber Network and Stellar. EvryNet is also backed by industry leading names in Southeast Asia such as CP Group (TH), Hanwha Group (KR), 7Bank (JP), Unipresident (TW), UOB, Wanshiang/Hashkey, Signum Capital and Lightnet Group.
EvryNet’s first dAPP, Evry.Finance, is a multi-chain DEX that focuses on bringing institutional investors into DeFi has been gaining momentum. Evry.Finance will include institutional specific features such as a multi-sig wallet, enterprise smart contracts, compliance reports, combination of orderbook and AMM/DMM as well as other financial products to facilitate institutional investors’ participation in DeFi. Both EvryNet and Evry.Finance are in testnet and are being audited by three reputable names in the crypto cybersecurity space before being released to the public.
EVRY will provide the minimum requirement of $200,000 worth of liquidity on KyberDMM. Together with requested KNC rewards, total incentives equal $280,000; with the understanding that should the pool perform well, more KNC and EVRY rewards can be allocated at a closer ratio of KNC:EVRY in a new DAO proposal.
3. KNC Amount Requested
4. Project Contribution Amount
6. Token Pair Option
7. Vesting Schedule
8. Campaign Duration
9. Project Details
Smart contracts (after audit)
Coinmarketcap (available after audit)