/1 PowerIndex new website (lite ver) — powerindex.io. The old (PRO) version still exists on app.powerpool.finance, new pool will appear in a few days.
/2 The first step for the PowerIndex launch is liquidity migration from the Baby Index. Single-asset liquidity provision option will be disabled for the first hours of the index operation due to tech reasons.
/3 During the liquidity migration process, LM rewards will be temporarily disabled (approx for 24 hrs) to allow all LPs to prepare for CVP mining. After that it will work as planned.
/4 To transfer your liquidity from the Baby Index:
– withdraw
– migrate LEND-AAVE
– deposit
Instruction medium.com/powerpool/powe…
2/ What if AMM will change token weights based on external factors and adapt weights to market situation?
Idea from @gurkin_sergey: change weights based on M.Cap/TVL/ADTV
It looks like each #DeFi protocol issues own governance token (GT) now. But all we know, that minority token holders don't really influence the votes. Tokens from their perspective look really useless...
But, what if they can pool or lend them?🧐
1/ As consequence protocols face well-known "Voters Apathy" problem. For example, @AragonProject@MakerDAO. Often 🐳 own the vote, while a lot of little token holders never use their tokens. #governance#defi#web3
2/ Accumulation of voting power using AMM and pooling mechanisms will empower minority token holders, provide them income opportunities, and increases participation in governance.