Kinesis Labs has Launched!
Kinesis Labs, the premier stableswap on Evmos, has officially launched on Evmos mainnet.
Kinesis is Live!
Kinesis Labs is officially live on Evmos! Go to https://app.kinesislabs.co to efficiently swap between USDC, USDT, FRAX and DAI! The liquidity mining program will be live shortly after the Evmos proposal that enables IBC assets like UST to be modularized into an ERC-20. Begin swapping and providing liquidity on Kinesis!
Experience Kinesis on Evmos Mainnet. The Stablecoin exchange for all of Cosmos with the lowest slippage, innovative tokenomics, and best user experience.
What is Kinesis?
Kinesis is a decentralized exchange on the Evmos blockchain, optimized for trading pegged value crypto assets with minimal slippage such as stablecoins. Through Kinesis, all traders can swap their desired stablecoins between EVM compatible blockchains and Cosmos chains.
Kinesis enables efficient, swift, and low-slippage swaps for traders and high-yield for liquidity providers. We believe in collaboration, in maximizing the interoperability of Kinesis, and in building the foundation for a stablecoin ecosystem for Cosmos.
Based on the stableswap invariant, Kinesis provides minimal slippage that is an order of magnitude lower than other exchanges.
Kinesis will be actively working with natively deployed projects and bridges to deepen liquidity and the particular stablecoin use cases on Evmos. Expect to see multiple yield strategies with Kinesis as the base layer.
Kinesis will become the exchange hub for multichain assets, wrapped IBC assets, and all stablecoins from various chains and ecosystems.
The Pool Structure
At launch, we will be supporting Celer and Nomad bridges, but will quickly work to integrate with Axelar and Gravity following the ERC20 governance proposal. Stay tuned for UST pools and liquidity mining incentives shortly after launch as well!
Kinesis utilizes a unique multiple bridge base pool system, mitigating the risk for liquidity providers. Users can choose to provide liquidity with the bridge they are comfortable with using and trust.
Additionally, Kinesis will have a base pool and metapool system. Having Metapools allow users to deposit UST and 3Pool LP tokens. This means that liquidity providers of the 3Pool who do not provide liquidity in the UST Metapool are shielded from systemic risks from the Metapool.
To begin interacting with Kinesis, bridge over your stablecoins from your trusted bridge. If you plan on providing liquidity for Axelar, Celer, or Nomad, please notice that the pools are supporting canonical FRAX. This means that you must swap your bridged FRAX for canonical FRAX on the Frax website.
How to Swap your FRAX
Go to: https://app.frax.finance/crosschain#evmos and being swapping your bridged FRAX!
Every base pool will have different amounts of incentives composed from our bridge and stablecoin partners. Liquidity providers will also earn swaps fees that occur in the respective pools. head over to https://app.kinesislabs.co right now, and choose the pool you want to provide liquidity to earn high yields!
For a full guide on how to use Kinesis Labs, head over to https://medium.com/p/208a3377c8fa for a full guide on how to navigate through Kinesis Labs!
Tokenomics
Kinesis will be releasing more information on our token shortly after launch! Please follow us on twitter, discord, or telegram to be kept up to date on our plans!
Please note that there is no token live at the moment, and any mentions of a Kinesis token are scams. If you have any questions, feel free to ask a question on our telegram/discord!
About Kinesis Labs:
Lowest Slippage. Innovative Tokenomics. Best User Experience.
Kinesis Labs is the first stablecoin exchange on Evmos. Kinesis Labs is made up of a team of DeFi natives who have previously worked at quant trading firms, traditional tech, and as researchers/engineers on $100m+ Defi projects. Kinesis is the premier destination for stablecoin trading on Cosmos, and will be deployed on Evmos Mainnet.
