Agola Ecosystem: Pioneering the Governance Wars

Part 1Background: winSPIRIT, Gauges, and Bribes

Part 2 — Economics of winSPIRIT: The Guarded Secret

Part 3 — The Current Evolution of winSPIRIT

RainSPIRIT — For Projects

  1. Certainty — Projects know how many votes they are getting for their bribes
  2. Efficiency — Prices are adjusted based on the market value of the voting power
  • Minimum Price Per Package: lowest possible price paid by bribers for each package.
  • Maximum Price Per Package: highest possible price paid by bribers for each package.
  • Packages For Sale: maximum number of voting packages being sold for the week.
  • Maximum Bribe Limit: maximum amount of bribes accepted for the week.(Maximum Bribe Limit = Packages For Sale x Maximum Price Per Package).
  • Say $25K of bribes are deposited → Price Per Package = $1000
    ($25K / 30 Packages = $833, rounded up to the minimum of $1000)
  • Say $45K of bribes are deposited → Price Per Package = $1500
    ($45K / 30 Packages = $1500, no rounding occurs)
  • Say $75K of bribes are deposited → Price Per Package = $2000
    ($75K / 30 Packages = $2500, rounded down to the maximum of $2000)

RainSPIRIT — For Stakers: A Larger Piece of the Pie

  1. Staking Pool: earn SpiritSwap revenues given to inSPIRIT holders (Paid in SPIRIT)
  2. Bribe Pools: earn rewards in the token listed by the Briber
  3. Provide Liquidity to a RainSPIRIT-XXXX Pair: earn trading fees + any offered LP incentives

Ola Finance links

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Ola Finance

Ola Finance

Ola finance is a platform for creating custom decentralized lending networks.