Enable QUO/USDT V2 gauge on BNB Chain

Gauges
1

Overview
This proposal aims to enable a gauge for the QUO/USDT pair on the BNB Chain to boost liquidity and community engagement for the Quoll Finance.

Background
Information on the tokens / PM vaults : The $QUO token is the primary token of Quoll Finance, an advanced veToken aggregator designed to maximize yields across multiple DeFi protocols on BNB Chain and Arbitrum. There is no Position Manager for this gauge.

Intention behind the proposal: We intend to bribe a minimum of $300 per epoch over a duration of at least one year to encourage votes for this gauge and improve the token’s liquidity.

Details

  • Boost Multiplier and Emission Cap %: We propose a boost multiplier of 1.00x and an emission cap of 0.5% to maintain balanced and fair reward distribution.

Audits:

Token Utility: The QUO token is used for governance and allows holders to receive bribes from multiple protocols via vlQUO, providing diversified and maximized earning potential with a single token.

Volatility: The QUO token is not a pegged token.

Oracles: Oracles are not used for the protocol, the token, or the Position Manager vault.

Control: The address holding the private keys to the token contract is 0x1869fEe380966Ca266e9D345cFdD60C1F29cf0Ed. It is a multisig with 3 out of 5 signers required for transactions.

Merit: This proposal will increase transaction fees for PancakeSwap, attract more liquidity providers, and enhance the visibility of Quoll Finance on the platform.

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2 Likes
2

Thanks for submitting your application!

After our review and internal team discussions, we believe that now is not the best time to offer you a gauge. We are genuinely grateful for your timely responses to our questions and efforts in filling out the application.

However, we are keen to re-evaluate your application once QUO gains more traction.

Let’s revert back soon!