1POOL Governance Token

1POOL Governance Token (1POOL) is the native token of the 1POOL ecosystem.

The platform participants, i.e. yield aggregators, lenders and borrowers would receive 1POOL tokens pro-rata for their usage of the platform.

'1POOL' governance token emission is designed in a way to deter supply inflation. The Weekly emission of 1POOL tokens is capped at 24,000 in both Ethereum Mainnet and Binance Smart Chain.

Use Cases of 1POOL token

1.1POOL token holders can participate in platform governance by submitting proposals and voting. More details on voting and platform governance will be updated later.

2. 1POOL token holders can stake their 1POOL tokens and share 20 per cent of platform revenue pro-rata. ( see below)

3.1POOL token can be used as collateral to take a loan

4. Users can add liquidity to 1POOL token pairs in selected DEXes and earn a percentage of platform fees.

5. Farm 1POOL LP pairs in 1POOL platform and earn 2 X rewards.

How to receive 1POOL token?

The users who trade in the 1POOL platform would claim pro-rata 48,000 1POOL tokens emitted weekly.

The usage may include, among others: taking loans and borrowing, farming of LP tokens and staking 1POOL token

The holders of 1POOL token can receive 20% of platform revenue by staking their 1POOL tokens. The AMM will sell 20% of revenue and buy 1POOL tokens which will be distributed among the staking holders pro-rata.