🌟Overview of the FairFlow Liquidity Mining Program - LM, rewards up to 500,000 $KNC🌟@KyberNetwork 🌾This is an initiative from KyberSwap to encourage liquidity in FairFlow pools – liquidity pools based on Uniswap V4, designed to capture and distribute profits from arbitrage activities, called Equilibrium Gain (EG), to liquidity providers (LPs), in addition to regular transaction fees. ⚡️FairFlow is currently operating on Ethereum and Base, and does not require additional staking to receive EG rewards – LPs will receive profits directly from the pool's activities. - Program duration: from 08/27/2025 to 11/19/2025 (approximately 12 weeks). - Total rewards: 500,000 KNC (equivalent to about 167,000 USD, KNC price approximately 0.33 USD at the end of September 2025). - Rewards are distributed weekly based on the contribution ratio and activity of LPs in each pool. 💰Mechanism of operation and reward distribution: - Total rewards: 500,000 KNC - Distribution formula: + Reward per position = (Liquidity ratio of that position in the qualifying pool) × (KNC allocated to that pool in the cycle). + Priority allocation for pools with high trading volume and low fees to increase liquidity depth. + Rewards accumulate in real-time, can be withdrawn after the cycle ends or reinvested (compound). ⚡️Every Tuesday will end the cycle and rewards will be distributed about 1–2 days before the cycle through the blog and @KyberNetwork - Rewards can be withdrawn immediately after the cycle ends. - As of 10/03/2025, 8 cycles have been completed, cycle 9 is ongoing. - Estimated KNC distributed: ~350,000–380,000 $KNC (cycles 1–8) + ~25,000 $KNC (cycle 9, calculated for 3/7 days). - Remaining $KNC for cycles 10–12: approximately 120,000–150,000 $KNC 🏆Impermanent loss risk – should use stablecoin pools to mitigate. - Estimated Profit (APR – annual yield): + Total APR = Transaction fees + EG (arbitrage) + LM (KNC rewards) - Data from DefiLlama/Kyber Earn (10/03): + Average: ~14.74% (20 pools) + Stablecoin pools: 0.07% – 12.71% + boost up to 20–40% + ETH pools: 7–11% + boost up to 50% 🌞Influencing factors: - TVL, volume, gas fees, IL risk. - Higher yields on Base due to lower fees. - Latest Updates (As of 10/03/2025): + 09/24: Official blog announcement about LM, Cycle 8 announcement. + 09/25: Plasma Token (XPL) whitelisted for swap. + 09/27: Launch of "Reposition" feature – adjust range with 50% gas savings. + 10/01: Cycle 9 announcement – stable APR up to 143% (EURC/USDC). + 10/02: KyberSwap reached $1.8B volume/day – no incidents, program stable. 🪻Take advantage, guys! "Skin the game" to earn extra profits #KNC #KyberNetwork #SoSoScholar2025