POSE token empowerment
PoseiSwap has issued its native token $POSE. As the core driving force of the protocol, $POSE’s token empowerment is reflected in the following two aspects:
1) Lock-up voting
$POSE token holders can obtain the pledge certificate sPOSE by locking the tokens, and sPOSE has voting governance rights. The amount of sPOSE is proportional to the locking duration of $POSE;
2) Liquidity mining
Currently three types of mining pools are supported:
LP pool and sPOSE single currency pool, pledge LP or sPOSE to get POSE inflation rewards; fee sharing pool, pledge sPOSE to get 1/6 of the protocol's swap fee reward;
PoseiSwap will launch a joint mining pool with its partners in the future. Those who pledge TOKEN-sPOSE tokens will receive dual rewards of TOKEN (partner tokens) and POSE at the same time.
5/n🧵