**![image.png](https://i.ibb.co/NTwRnJV/image.png)**

**Full proposal [here](https://rfc.decent.partners/t/liquidity-subsidy-for-ksm-dusd-liquidity-pool-on-kusama-asset-hub/62).**

**Proposal Overview**

**Proponent**: [KSM Collective on krievo](https://app.virto.dev/)

**Objective**: Use treasury funds to seed an initial liquidity pool for KSM and dUSD on AssetHub.

**Related**: [Retroactive Brale integration fee proposal](471)

**Rationale**: The pool will be used to kickstart dUSD adoption while simultaneously strengthening Kusama’s DeFi ecosystem and generating fees for KSM Collective.

**Request**: $300,000 + 10% volatilty buffer, excess will be returned.

**Total USD**: $330,000 Total KSM: 9706 (EMA7 $34)

**Match commitment:** Brale has committed an initial $300,000 in dUSD to match the requested KSM allocation

**Beneficiary**: KSM Society organisation on krievo, sovereign account on Kusama relay chain.

**Address**: [Ftuq9bHvQb5NiU5JA7q79fxYn9FVBeRjNBHL3RH5raN9qck](https://kusama.subscan.io/account/Ftuq9bHvQb5NiU5JA7q79fxYn9FVBeRjNBHL3RH5raN9qck)

**Members**: 10 members from across the ecosystem with more to add.

**Representation**: Virto, W3F, ChaosDAO, decent, Helikon, Lucky Friday. Governance: 1 member 1 vote, 30% minimum support

**LP fees**: Retained by KSM Collective (KSM) and Brale (dUSD).

**First usage**: Exchange of Brale’s $125k fee from KSM to dUSD with the beneficiary being the Decent Partners collective which is governed by initial membership of organisations - decent, Brale, Virto and KSM collective.

**Contact**: [KSM society public matrix](https://matrix.to/#/%23ksm-governance:virto.community)

- **Problem Statement:** 
  - Utilize treasury funds to establish an initial liquidity pool for KSM and dUSD on AssetHub to boost dUSD adoption and enhance Kusama's DeFi ecosystem.
- **Significance:** 
  - Strengthening Kusama's DeFi ecosystem, generating fees for KSM Collective, and fostering dUSD adoption.
- **Proposed Solution:** 
  - Seed an initial liquidity pool for KSM and dUSD on AssetHub using $300,000 + 10% volatility buffer, with excess funds to be returned.
- **Expected Outcomes:** 
  - Enhance dUSD adoption, strengthen Kusama's DeFi ecosystem, and generate fees for KSM Collective.

#428 Liquidity subsidy for KSM/dUSD Liquidity Pool on Kusama Asset Hub

No Active Proposals