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Dynamic Governance is Coming to Loop 🔥
With #LoopPower and @DA0_DA0, you control your voting power within the protocol 🧙🏻♂️
Let us explain 👇🏻
With #LoopPower and @DA0_DA0, you control your voting power within the protocol 🧙🏻♂️
Let us explain 👇🏻
Loop Power is represented by $LoPo ; a dynamic token.
It works similarly to an LP token when you provide liquidity to a pool.
If you stake $LOOP, the $LoPo token will appear in your @keplrwallet (you need add the token to your Keplr wallet to show it) 👇🏻
It works similarly to an LP token when you provide liquidity to a pool.
If you stake $LOOP, the $LoPo token will appear in your @keplrwallet (you need add the token to your Keplr wallet to show it) 👇🏻
The amount of $LoPo tokens changes over time as you re-stake or as your staking period decreases.
The governance in @DA0_DA0 for the Loop Community Treasury will be governed by $LoPo.
That means, keeping at maximum-staked is also a way you can have max voting power on Loop 💥
The governance in @DA0_DA0 for the Loop Community Treasury will be governed by $LoPo.
That means, keeping at maximum-staked is also a way you can have max voting power on Loop 💥
