Creating a campaign with a KPI

Creating a basic campaign on Metrom is straightforward, as covered in creating a campaign. Launching one with an attached KPI is just as easy. For a quick refresher on KPIs, check out KPI based liquidity mining.

Configuration

Once all the required form steps are completed, it’s time to enable the KPI and explore the available configuration options.

Empty KPI step

  • Current TVL: Represents the most recent total value locked in the selected pool, which is being incentivized.

  • Lower and upper bounds: These values allow you to customize the incentivization strategy by restricting reward distribution to a specific TVL range. For inspiration, check out the KPI usecases.

  • Minimum payout: This is the percentage of rewards that will be distributed to LPs, regardless of the KPI.

The KPI step also provides a simulation of your configuration, giving you an overview of how the rewards distribution will change as the TVL fluctuates. Let’s say we want to have a linear incentivization between with a lower bound of $2m and a target of up to $5m.

Configured KPI step

Once you’re satisfied with the KPI setup, apply the changes and head to the campaign preview, where you can review all the details, including the KPI configuration and simulation.

Preview with KPI

At this point, the only thing left to do is launch the campaign.