Onsen Pools
Overview
An Onsen Pool is a new kind of pool that shares the overall profit of the DEX (not just a single pool) with LP holders. An innovation in the DeFi space and a way for users to in a sense, have ownership of the DEX as a whole.
A place for LP token holders to stake their tokens and then earn 0.08% of all transaction fees across the whole of the DEX.
Participation in the Onsen is open to everyone and in early stages will amount to an increased allocation of Shards.
There is a withdrawal cooldown time of 20 days for the Onsen pool.
Why Onsen?
Onsen (温泉) are Japanese hot spring pools or baths and the traditional inns around them. Onsen use naturally hot water from these geothermally heated springs. Onsen were built for communities to bath and relax. They are often place in an area with a beautiful view. The oldest recorded Japanese Onsen is more than 3000 years old.
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