KulaSwap Alpha
Swap
Slippage tolerance
Provide liquidity
Deposit both sides of a pair in the pool's current ratio to receive LP tokens — your share of the pool. You earn a cut of every swap's fee. Watch for impermanent loss: if the price moves, withdrawing can leave you behind versus simply holding.
Farm & earn
Stake your LP tokens to earn emissions (SOMA / KULA). Yield is paid from emissions — it is not free money, it is new supply. Lock KULA as veKULA to boost your rewards and vote on gauges.
APR is an estimate from current emissions and TVL; it moves as both change. Longer locks give a larger boost (up to the cap). Not a promised yield.
Borrow mMELEK
Lock KULA as collateral and borrow mMELEK — the MELEK Borrow Note the vault mints against your position (up to 50% LTV). mMELEK is a CDP debt note, not a pegged stablecoin. It is overcollateralized: keep your health factor above 1 or the position can be liquidated. Repay the mMELEK any time to unlock your KULA.
Prices shown are placeholders until the on-chain oracle price is read live; the math (LTV, health factor, liquidation) is the live CDP model. Borrowing is not income — you owe the mMELEK back plus interest.
Stake KULA → veKULA
Lock KULA for up to 4 years to receive veKULA — non-transferable voting weight that boosts your farm rewards and lets you vote on gauges. The longer the lock, the higher the weight; it decays linearly toward zero as the unlock date approaches. Your KULA is returned in full when the lock ends.
Max lock is 208 weeks (4 years). Weight = amount × (time remaining ÷ max lock), so a full-length lock starts near 1:1 and decays as it nears expiry. veKULA cannot be transferred or withdrawn early.