[Shipped] Increase liquidity pools for Incognito DEX

Incognito is part of eth ecosystem. Listed ads here https://etherscan.io/tokens is one option to consider.

Why not cmc?.

Because almost of big project are sponsored on etherscan within the long period And that is targeted user. Incognito require marketing. CMC is to general user.

Good product without nobody know is like the hidden gold.

No customer no purchases :grin:

No honey no liqudity :smiley: :muscle:


A few thoughts come to mind.

  1. What about making all the user’s accounts part of the pool?
    I’m thinking of how Constant handles some of their products. If you hold Bitcoin on their platform, you earn 10% automatically, because it’s being used in liquidity pools like Incognito’s. You don’t even have to put it in a special account. If it’s there on Constant, it’s in the pool earning 10%, and it’s not locked up; you can withdraw it at any time. Additionally I am thinking of Constant’s Flex account. If you deposit funds into Constant, you can opt for it to be in the Flex account, which automatically earns 4% because it’s being used in P2P loans (Incognito would just use it for liquidity instead of P2P lending). Again, no lock-up, and you could build in an opt-out feature (maybe like a “no pool” account) for those who don’t want to participate.
  2. Could a crypto duster feature be used to add dust to liquidity?
    Dust probably wouldn’t add a ton of liquidity, but I think a lot of users would love something like this–the ability to, without fees, convert very small balances into something usable. (Enabling us to pay fees with dust was my other duster idea, but is unrelated to liquidity.) While dust wouldn’t contribute hugely to liquidity, it would accumulate over time.
  3. Allow validators to auto-withdraw node earnings directly into the pool.
    This is more of a subtle psychological trick. You know how people are with money. If they have it in their hot little hands, it gets spent. But if they don’t see it, if it gets automatically put into a Roth IRA, for example, they are less likely to spend it. Out of sight, out of mind. I think if validators could auto-deposit node earnings directly into the pool, they might be less apt to cash out the funds.
  4. Instead of paying out interest on the pool, compound it.
    Actually, I think this might already be what you plan to do with pool v2. Instead of paying interest out to Account 0 every Monday, just compound it within the pool–similar to how the current staking pool compounds. This way the user’s earnings are constantly adding to the pool. Again, I think this is already the idea you have for pool v2, and I think it’s brilliant.

Anyway, I think if you entertain my first suggestion, it actually encompasses all the other suggestions. If you have funds on Incognito, they are automatically in the pool–unless you opt out. Your dust, your PRV, your node earnings, the rewards you get for earning badges–all of it would be contributing to liquidity and compounding automatically without the need for a special pool account.


I like your ideas! I am a big Constant investor and you mentioned all the great reasons why people like it there!!


Hey guys!

I just updated the proposal and going to keep working in this direction in July.

With launching Pool V2 we have very good chance to increase pDEX liquidity pools and reach the target. In parallel, we work on integration with Uniswap and cross-pool trading functionality.

I will keep you posted.


Hi @andrey
I feel interested for launching pool V2. However, you should make sure the case of down on the main wallet network does not happen again.

The incident was very disturbing and affected the community’s trust in the incognito project.

Project team must ensure that the network/app is stable before another product is launched.


Totally agreee.


@Gold I’m new here (this is my first post!), but just wanted to say these are fantastic ideas and voice my support for them, especially the first one borrowing from MyConstant.

@andrey I’m very excited about your work on this. My opinion - I think there are a lot of opportunities for Incognito to solve its current liquidity challenges through stronger liquidity incentives for the current community, without needing to rely on external liquidity providers as much. I think having the liquidity be funded as much as possible by the community would be ideal!


Yep, I think the Incognito community should take advantage of being first contributors :slight_smile:


In order to increase liquidity and in general it would be important to find a better solutions for handling the private keys. Once the web version is coming it would be greate if people could store and handle everything with a hardware wallet like the ledeger nano or trezor. Because I highly doubt that somenone feels comfortable to put 50k or more into liquidty if the keys are stored on the phone.


Hi @sato, you can store Account Keys in different locations. For example, you could copy and send them via email to yourself or place them in a word document in your computer. If you wish to be in physical possession, then you could take the time to write them down or photograph them and store them in a safe place.


I’ve been waiting to add liquidity and that’s the only thing stopping me - I can’t see figures. On the standard stake there is the 37% apy, but when wanting to add liquidity there’s no indication ? Or I just haven’t come across it?

But this is not safe at all. No comparsion to a hardware wallet.

1 Like

Yes I agree. But as as far as I know they are working on an improvement. Soon you should be able to see instantly what you´ll earn.

Hey guys! Probably many of you already saw that Pool V2 was launched and we sated a new way of collecting liquidity for Incognito DEX. Looking forward for more people to participate in it!

Meanwhile, total liquidity pools came back to $3M after June’s drop. Thank you everyone who participates and helps us to grow Incognito DEX.


The future is for privacy. No doubt.


Wen Eth? :pray::grin:


Very soon :slight_smile:


Hello everyone!

I would like to share a progress update for this proposal.

At the beginning of June, we experienced a drop in liquidity, possibly related to LP reward structure changes. Optimistically, I believe that it overall had a positive impact – short term speculators attracted to APYs who couldn’t care less about privacy left, and those more invested in the long-term vision stayed.

Here were our targets:

  • +900k - exceeded by 260%
  • Release Pool v2 - delivered
  • Release cross-pool trade functionality - delayed
  • Release pUniswap - delayed


This is just the beginning – we keep moving forward. Special thanks to everyone who understands the importance of liquidity and contributes to it.


I see the app says pUniswap was just added. Great work team :sunglasses: Will there be a way to see all available pairs when completing a trade? Right now it seems to display the best price/ best liquidity option automatically.


Yep, unfortunately a bit delayed, but delivered!

Regarding the improvements. This Thursday we will launch pUniswap page, will try to collect all suggestions and ideas there) We’ll move your comment there as well.