2/ Voting Gauge allows vePTP holders to "vote" where $PTP emissions go. The more votes a pool gets, the more PTP emission will be allocated to it. And by now, we all now what that means... more ka-ching ka-ching πΈ
3/ It's a dynamic emission where vePTP holders can change where they place their votes anytime! Emission updates in real time too!
And you know what influences the votes? Well, our PTParty participants will offer bribes. It's to incentivize you to vote for their pool π°
πWe're holding a #PTParty Tweet Thread Competition
$720 in PTP awaiting our lucky winners!
What do you need to do? #PTPVotingGaugeAnalysis: Tweet a thread explaining our PTParty & Voting Gauge to help more people understand what is happening, what's next, & why it matters! π§΅
2/ Please also share your opinion! It could be a brief background of PTParty, the potential participants, or what you understood about it!
π Competition is open from 1 - 6 September
So, what's the criteria for winning? Keep reading!
3/ Our team will assess all the entries based following criteria: 1. Originality, clarity, and accuracy of the content 2. Quality of your thoughts
π¨ We are seeing a big wave of new users joining Platypus!π¨
Here are some educational tweets 𧡠to keep everyone in the loop.
PS: we also have a big new feature coming up next week - the new Interest Rate Model.
π Watch out for updates!
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Platypus has a myriad of innovations in protocol design as a stableswapπͺ
The most groundbreaking one is its open liquidity pool design which essentially eliminates IL and improves capital efficiency β the lowest slippage for swapping in large volumes.
π Hereβs how and why:
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In an open liquidity pool, all stablecoins (including newly listed ones) are in the same pool. This design gives users great flexibility π¦Ύ for asset allocation, as no one has to hold on to coins they don't like to be an LPβ
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