The Pioneer Fund: A Community Rewards Program

The Pioneer Fund delivers token rewards to community members powering the AmpleSense DAO’s mission.

Contents

Pioneer Fund Rewards Program Summary

The AmpleSense DAO’s Pioneer Fund will deliver token rewards to community members helping to power the DAO’s mission by providing liquidity, participating in governance and engaging in other activities.

There are three funds in the program: Pioneer Funds I, II and III.

Pioneer Fund I is designed to provide ongoing rewards to individuals providing early liquidity for the kMPL governance token (by participating in the DAO’s Zeus and Apollo kGeysers).

The DAO has developed custom-designed NFTs: the Zeus and Apollo kGeyser Pioneer tokens. These NFTs will be airdropped to a randomly selected group of early kGeyser program participants. Holders can stake these NFTs into the Pioneer Fund I vault to receive rewards.

Pioneer Fund II is similar to governance vaults developed by other DAOs (such as Yearn Finance).

kMPL holders will be able to stake their tokens into the Pioneer Fund II vault and receive rewards from DAO supported initiatives.

Pioneer Fund III will deliver rewards to individuals providing liquidity for the kMPL/ETH pair on Uniswap.

The Pioneer Fund is summarized in the graphic below (click to view larger size).
Pioneer Fund Overview

Pioneer Fund I: Ongoing Rewards for Early kGeyser Liquidity Program Participants

Introducing the Zeus and Apollo kGeyser Pioneer NFTs

In late 2020, we introduced the kGeyser Pioneer Zeus and Apollo NFTs (above). Featuring attractive, custom-developed art, these NFTs are being airdropped to a random selection of kGeyser participants. Holders can stake these NFTs into the Pioneer Fund I vault for rewards.

kGeyser Pioneer NFT Supply Overview

A portion of the kGeyser Pioneer NFT supply will be reserved for DAO founders and for future incentive programs/marketing.

kGeyser Pioneer NFT Distribution

The kGeyser Pioneer NFTs will be airdropped to a selection of kGeyser liquidity program participants

  • Zeus NFT Airdrop: Airdropped to a random selection of Zeus kGeyser participants
    • 50% of the airdrop supply of NFTs were distributed during Q1 2021
    • The remaining 50% of the airdrop supply of NFTs was distributed April 30, 2021
  • Apollo NFT Airdrop:  NFTs was airdropped to 96 unique wallets staking in the Apollo kGeyser on April 16, 2021. (Airdrop completed by April 30, 2021.)

See the table below for details about how kGeyser participants were selected to receive Pioneer NFTs.

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