Cryptocurrency Quoll Finance (QUO)
The price for Quoll Finance (QUO) cryptocurrency is currently 0.016 $ (15 min delay),
daily range of currency change is 0.016 - 0.017 .
Last 24 hours news: trading volume -
11.73K $, price variance
+1.09%
.
Project Website - https://quoll.finance/
Explorer of transactions - https://bscscan.com/token/0x08b450e4a48C04CDF6DB2bD4cf24057f7B9563fF
Twitter Account - https://twitter.com/QuollFinance
Chart Quoll Finance (QUO)
Current price Quoll Finance (quo) | 0.016 $ |
Market Capitalization | 0.00 $ |
Trading Volume last 24h | 2.13 $ |
Absolute maximum | 0.050 $ |
Absolute minimum | 0.00061 $ |
Quoll Finance Quotes
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What is Quoll Finance (QUO)
Quoll Finance is a yield booster and on-chain 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 Quoll's performance fees. The original veWOM or WOM reward will be given to the qWOM holders.
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