Aug 9, 2022
KMA is now listed on Solarbeam
Add KMA liquidity to earn a 0.20% fee on all trades proportional to your share of the pool + an additional 30,000 KMA daily from the Treasury
After the success of Calamari’s KMA live on Moonriver, Moonriver’s dex Solarbeam is listing KMA, Calamari’s (Manta’s Canary Kusama Network) native token. Solarbeam is a decentralized exchange, providing liquidity and enabling peer-to-peer transactions on the Moonriver and Moonbeam Networks. KMA holders can now provide liquidity and swap KMA on the dex, without tokens ever leaving to a third-party custodian.
How to Provide Liquidity
Adding your KMA to Solarbeam is easy to do and will earn you a 0.20% fee on all trades proportional to your share of the pool. Here’s what to do:
- Head to https://app.solarbeam.io/exchange/pool and connect your wallet
2. Click “Add” and select MOVR and xcKMA
3. Approve xcKMA
4. Confirm adding liquidity to your wallet
How to Transfer KMA for xcKMA
Moonriver needs to receive KMA in their native form, xcKMA.
- Head to https://app.solarbeam.io/bridge
- Connect to your Polkadot.js wallet
- Select “Calamari” > To “Moonriver”，select one of your Kusama Addresses and the amount of KMA you’d like to bridge.
- Confirm trade
All KMA/MOVR liquidity providers will receive additional KMA and SOLAR rewards
The Calamari Treasury will be allocating 30,000 KMA and 100 Solar tokens daily to all liquidity providers of the KMA/MOVR pair on Solarbeam. This will last 30 days starting today, with the rate readjusting afterward.
About Manta Network
Manta Network is committed to building a better Web3 world through privacy protection. Manta’s product design starts from first principles and provides end-to-end privacy protection for blockchain users through leading cryptography architectures such as zkSNARK. While ensuring privacy, Manta offers interoperability, convenience, high performance, and auditability, allowing users to conduct private transfers and transactions between any parallel chain of assets. Manta’s vision is to provide more convenient privacy protection services for the entire blockchain world.
