- Quoll Finance is a yield booster and onchain incubator. - It leverages the veToken/boosted yield model adopted by Wombat Exchange to provide a boosted yield for LPs and extra reward to WOM holders with a tokenized version of veWOM, qWOM. - If you are not familiar with veToken/boosted yield model, read the Wombat Exchange doc. - Quoll will help to redistribute the boosted reward from Wombat to different participants with a better way. - Depositors earn the boosted reward with the accrued veWOM on the platform. - WOM holders can convert their WOM and receive qWOM which is a tokenized version of veWOM. - qWOM is tradable and can be staked to earn extra reward. - Because more efficient distribution of boosted reward, more users and TVL will be attracted.Quoll will benefit all the participants:For depositors, Quoll Finance allows users to deposit stablecoins and earn boosted yield from the Wombat platform, without having to stake their WOM and worry about accruing veWOM. - Depositors are able to take advantage of our ample veWOM supply and utilize that for a boosted yield.For WOM holders,Quoll allows users to convert their WOM to qWOM. - WOM will be used to accrue maximal veWOM for boosting the yield on Wombat. - qWOM is tradable and can be staked to earn a share of Quolls performance fees. - The original veWOM or WOM reward will be given to the qWOM holders..
Summary of the coin Quoll Finance
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