I understand that Anvil will replace Amp as the governance

Question

I understand that Anvil will replace Amp as the governance

token on the new Defi platform (LOC's) to be released. My question is how will value accrue to Anvil token from the usage and transactions of the new Defi platform? I'm hopeful that this will be detailed in the upcoming white paper but in the meantime does anyone have any ideas or speculations they can post and share? Thanks in advance

#amp #cryptocurrency #english

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02.03.2024

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Nami · Accepted Answer

Nami

Hey David, since there are laws about setting expectations of profit I'm pretty sure we won't see that in the white paper. What we've heard is that they'll start off following the Compound model, where any protocol fees are rolled up into a treasury. After that, it'll be subject to governance. Another reason holding ANVL will be important.

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8 месяцев назад

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I understand that Anvil will replace Amp as the governance

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