# Terraswap-Can we give LP incentives?

**URL:** <https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282>\
**Category:** Staking\
**Created:** [January 8, 2021, 7:40pm UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282 "2021-01-08T19:40:04Z")\
**Posts on this page:** 10\
**Page:** 1

<div class="post-metadata">

**Author:** ![0xJeff](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/0xjeff/32/139_2.png) [@0xJeff](https://classic-agora.terra.money/u/0xJeff)\
**Post date:** [January 8, 2021, 7:40pm UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/1 "2021-01-08T19:40:04Z")

</div>

Currently staking Luna pairs on terraswap is very bare bones, and it is even difficult to see if we are LPs.  
How can we improve the UX of terraswap, as well as add LP pairs for people to get mirror (and anchor) rewards for providing liquidity?

---

<div class="post-metadata">

**Author:** ![dokwon](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/dokwon/32/28_2.png) [@dokwon](https://classic-agora.terra.money/u/dokwon)\
**Post date:** [January 14, 2021, 9:26am UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/2 "2021-01-14T09:26:57Z")

</div>

Terraswap needs the following:

1. Router functionality: [Allow Mirror assets to be tradable on Terra Station - #7 by dokwon](https://classic-agora.terra.money/t/allow-mirror-assets-to-be-tradable-on-terra-station/275/7)
2. A working dashboard: Happy to issue an attractive grant to anyone willing to build this
3. Liquidity incentives

With respect to 3, happy to apportion resources to make it happen - what amount makes sense & over what period of time? open to feedback @0xJeff

---

<div class="post-metadata">

**Author:** ![0xJeff](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/0xjeff/32/139_2.png) [@0xJeff](https://classic-agora.terra.money/u/0xJeff)\
**Post date:** [January 15, 2021, 3:07am UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/3 "2021-01-15T03:07:53Z")

</div>

Thanks Do, wrt #3, would it be difficult to offer MIR and Anchor rewards to LPs?

One concern is we wouldn’t want it to be the same %age as staking Luna, as it lacks the 21 day drawdown and could incentivize people away from that.

So if Mirror + KRT/UST/MNT rewards is currently around 15%, maybe LP-ing could be 5-10%?

---

<div class="post-metadata">

**Author:** ![kjag](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/kjag/32/150_2.png) [@kjag](https://classic-agora.terra.money/u/kjag)\
**Post date:** [January 16, 2021, 4:53am UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/4 "2021-01-16T04:53:02Z")

</div>

I am interested in working on the dashboard.  
Do you have in mind what type of informations do want to display there?

---

<div class="post-metadata">

**Author:** ![dokwon](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/dokwon/32/28_2.png) [@dokwon](https://classic-agora.terra.money/u/dokwon)\
**Post date:** [January 16, 2021, 11:16pm UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/5 "2021-01-16T23:16:24Z")

</div>

I think the profile of users that would LP is different from stakers

Staking has 21 day unbonding cost of time + risk of slashing - in exchange, it earns returns from everything that’s built on Terra.

For liquidity provision, there is cost of impermanent loss and in return LPs earn swap fees (0.3%) + liquidity incentives.

Think we should start out with low liquidity incentives (just a very different profile of ppl that will stake vs who would LP) and see where we get to

---

<div class="post-metadata">

**Author:** ![dokwon](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/dokwon/32/28_2.png) [@dokwon](https://classic-agora.terra.money/u/dokwon)\
**Post date:** [January 16, 2021, 11:17pm UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/6 "2021-01-16T23:17:40Z")

</div>

Hey @kjag thats great to hear! Think what we would be looking for would be similar to uniswap.info or the dashboard page of terra.mirror.finance

Uniswap info is actually quite detailed (try clicking into the details page of each of the liquidity pairs)

Let me know if you’d like to coordinate (I’m @dokwon on TG)

---

<div class="post-metadata">

**Author:** ![kjag](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/kjag/32/150_2.png) [@kjag](https://classic-agora.terra.money/u/kjag)\
**Post date:** [January 17, 2021, 2:08am UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/7 "2021-01-17T02:08:44Z")

</div>

PM’ed you on TG (@jkjag)

---

<div class="post-metadata">

**Author:** ![AsA](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/asa/32/167_2.png) [@AsA](https://classic-agora.terra.money/u/AsA)\
**Post date:** [February 5, 2021, 2:33am UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/8 "2021-02-05T02:33:24Z")

</div>

Maybe create some token like CRV?

---

<div class="post-metadata">

**Author:** ![dokwon](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/dokwon/32/28_2.png) [@dokwon](https://classic-agora.terra.money/u/dokwon)\
**Post date:** [February 10, 2021, 12:27pm UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/9 "2021-02-10T12:27:32Z")

</div>

Isn’t that luna

---

<div class="post-metadata">

**Author:** ![ztk](https://avatars.discourse-cdn.com/v4/letter/z/e95f7d/32.png) [@ztk](https://classic-agora.terra.money/u/ztk)\
**Post date:** [June 1, 2021, 7:07pm UTC](https://classic-agora.terra.money/t/terraswap-can-we-give-lp-incentives/282/10 "2021-06-01T19:07:15Z")

</div>

I’m curious if anything has improved in terms of terraswap LP staking experience.

I have just minted liquidity tokens LUNA-UST on terraswap but:

1. I had to use 3rd party site to find projected APR (80%+) and have no idea if it’s correct and related to Terraswap pool rather than some other pool, maybe even on another network
2. I don’t know if any other steps are necessary to earn rewards, similar to staking Mirror LP tokens to earn MIR. I have just minted LP tokens and are left with these questions

Could LUNA-UST pool be integrated into Mirror interface? That would give the pool more exposure and provide streamlined experience.
