Taco Swap Governance
Choose the Rewards and where to allocate them
Last updated
Choose the Rewards and where to allocate them
Last updated
Every week, Taco assigns a total amount of 50 TACO a day to 5 TOKEN/WAX MEALs, following this scheme:
Two polls are held every week at the same time.
Stage 1: Qualifications Poll
TACOG holders can use their TACOG to vote the tokens they want to receive extra rewards for the associated TOKEN/WAX Liquidity Pools
The Top 5 voted tokens will advance to the next poll stage: Rewards
Every week Taco Team adds 5 more tokens to the Qualifications based on their presence on Taco Swap and community feedback
Currently, only Level 40+ Venue Owners can vote. TACOG used for voting is burnt.
Stage 2: Rewards Poll
TACOG holders can use their TACOG to vote the Top 5 voted tokens of the previous week Qualifications
The 5 tokens will get a share of the 50 daily distributed TACO, based on the percentage of votes obtained at the end of the poll
Rewards will be distributed on the TOKEN/WAX associated Liquidity Pools
In case the pools do not exist, they will be created by the Taco Team
Rewards expire every week, they don’t stack to previous rewards.