Summary
This proposal introduces an incentivization plan for the upcoming USP/USDC Uniswap pool, designed to encourage liquidity provision and deepen market stability.
Specifically, 10% of the current PIKU airdrop incentive allocated to USP holders will be redirected to Uniswap pool liquidity providers (LPs).
Both campaigns — the existing USP Holder incentive and the new LP incentive — will be managed through Merkl.xyz.
Rationale
A healthy secondary market is essential for USP’s long-term stability and adoption.
Launching a Uniswap pool expands USP’s on-chain liquidity, allowing users to trade, mint, and redeem with minimal slippage.
However, early-stage liquidity requires targeted incentives to bootstrap depth and participation.
Redirecting 10% of the ongoing PIKU incentive program towards Uniswap LPs ensures:
- Deeper Liquidity: Improved price stability and tighter spreads
- Fair Incentive Distribution: Encourages both holding and active liquidity provision
- Transparency: Using Merkl.xyz for both campaigns provides on-chain verification and automated reward distribution for participants
Before Proposal:
| RATE | CAMPAIGN TYPE | DISTRIBUTED EVERYDAY |
|---|---|---|
| 100% | USP Holding | 68,446.27 PIKU |
After Proposal:
| RATE | CAMPAIGN TYPE | DISTRIBUTED EVERYDAY |
|---|---|---|
| 90% | USP Holding | 61,601.64 PIKU |
| 10% | Uniswap USP/USDC Pool LPs | 6,844.63 PIKU |
Suggested Action
- Allocate 10% of the total PIKU token airdrop incentive (originally designated for USP holders) to Uniswap USP/USDC Pool LPs.
- Launch a Merkl.xyz campaign specifically for Uniswap USP/USDC pool participants.
- Maintain the remaining 90% incentive allocation for current USP token holders.