Whitelisting & Gauge
Whitelisting
As a permissionless platform, LIQUIFY enables projects to have their tokens whitelisted. To be eligible for whitelisting, a token must be submitted by a wallet holding at least 0.5% of the total circulating supply of LIQUIFY.
This requirement encourages a diverse array of tokens to be listed on the platform, which can boost fees and attract more votes, potentially fostering a cycle of growth. Moreover, veLIQUIFY holders have the ability to downvote tokens involved in unethical practices, such as whitelisting counterfeit tokens.
Gauge Weight
When a gauge on the platform receives votes from veLIQUIFY holders, it earns additional LIQUIFY rewards based on the total number of votes obtained. These rewards are allocated according to the total value locked in the gauge and typically result in an annual percentage rate (APR).
This mechanism ensures that the most valuable pools receive greater rewards over time, incentivizing user participation and supporting the platform's growth.
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