Core Concept

Abstract

The Supernova protocol provides swap for seamless exchange between equity tokens and assets. And to assign some of the newly issued NOVA coins to the liquidity pool, we use the Pool-Incentive module.

Staked swap is developed in the near future, and we are currently using common amm swaps.

For more information about staked swaps, see the WhitePaper.

Details

The poolincentive module is responsible for incentives for decentralized exchanges to exchange Supernova's equity tokens and native coins.

This module manages the pool by dividing it into candidate pool and incentive pool. Incentive pools are rewarded with some of the new NOVA coin issues, and users who provide liquidity to the pools can receive them.

Also, which pool will be selected as the incentive pool will be decided by governance.

Candidate Pool

Anyone can register candidate pool, but it is not an incentive. Among the candidate pools, the pool designated to give incentives through governance becomes the incentive pool.

Incentive Pool

The incentive pool is a pool that will be incentivized through governance. How much incentive each pool receives is calculated based on the weight value.

Code

See the official Supernova implementation for a more detailed description through code.