Friends, Romans, Degens.

Alas, it’s almost time to say goodbye to the Kim Protocol points program. You, and your peers, have done an incredible job at farming points on Kim, the leading DEX for Mode, the liquidity hub of the Optimism Superchain.

It might sound like bad news, but fret not fellow degenerates for something much more enticing, tangible, and lucrative will take its place.

April will see the closure of the Kim points program and the TGE of the tokens which power the Kim ecosystem.

Introducing $KIM and $xKIM, the native tokens of Kim protocol.

TL;DR

• YOU ARE STILL EARNING POINTS until points are disabled before the TGE

• Later this month, $KIM will be available in a sale on the Superchain One Launchpad

• After the Superchain One Launchpad sale, $KIM will be airdropped

• Sybil resistance mechanisms are in place for points farmers and airdrop hunters

What is Kim?

The OP stack Superchain network creates an interoperable highway that needs a modular liquidity hub for OP-native cross-chain liquidity and exchanges.

Kim is this highway.

As the Superchain ecosystem grows, Kim’s (short for Keep it Mode btw) mission is to cement itself as the core DEX and liquidity provider for the Optimism Superchain.

Calling Mode its home, Kim serves as an advanced super-DEX which is set to serve the entirety of the Optimism Superchain and become the most rewarding place to provide liquidity in Web3.

Good Night, Points

Traders, LPers, and degens alike have amassed a tonne of points since the inception of Kim. Now, it’s almost time to turn those points into rewards.

But there’s still time, you can still earn points by:

• Providing liquidity to v4 pools

  • Boosted points and ETH rewards on the ETH <> USDC pool rn (just sayin’)

• Swapping verified tokens (uh,don’t just wash trade ETH <> wETH, we can tell)

This month, date TBD, will see the launch of $KIM and $xKIM, with 5% of the total token supply being distributed as an airdrop to retroactively reward users of Kim Protocol.

$KIM Token

$KIM is the native token of the Kim ecosystem, set to be deployed natively on Mode. 30% of the total supply is reserved for liquidity incentives on Kim Protocol.

$KIM can be staked and converted to $xKIM, holders of $xKIM will benefit from the success of the protocol.

$xKIM

When you stake your KIM tokens, you receive a proportional amount of xKIM, the non-transferable governance token of the Kim ecosystem. It can be earned from yield-generating kim positions (kpNFTs), or through direct KIM conversion.

The central use case for xKIM is the ability to allocate it to Plugins. This consists of staking xKIM into the token contract and assigning the deposited amount to a plugin in exchange for various benefits.

Tokenomics

$KIM distribution is as follows:

• Genesis Pools as $xKim: 5%

• Liquidity Incentives: 30%

• Airdrop: 5.5%

• Protocol Owned Liquidity: 9.5%

• Ecosystem Foundation: 15%

• Investors: 15%

• Team: 18%

• Advisors: 2%

A significant amount of $KIM is reserved for liquidity incentives to ensure Kim Protocol is a leader in incentivization.

A Taste of the Future

So, what’s next for Kim and the community after TGE? Nothing? Just wait for the liquidity to come.

Incorrect.

The Kim team will continue to innovate to produce a liquidity hub that is fit for institutions, degens, and your grandma alike.

Here’s a little taste of what’s to come:

• Deployment to Base and Optimism

• Custom intents based trading across the Superchain

• Broader xKIM plugins

• [REDACTED] & [REDACTED] leading to the greatest [REDACTED] in Web3

Join Us

One of us, one of us, one of us.

Whether you’re a degen with cheeto-laden fingers and the @inversebrah Twitter account bookmarked, or you’re a developer looking for deeper liquidity in Web3, you can all call Kim (Keep it Mode) your home.

Join the community over on Discord or add us to your feed on X/Twitter.