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Quoll Finance

Quoll Finance is a decentralized finance (DeFi) protocol designed to boost yields for liquidity providers on the BNB and Arbitrum chains. It allows users to deposit tokens and LPs to earn enhanced rewards. The platform also enables holders of specific governance tokens (WOM, THE) to unlock their liquidity while retaining earning potential. Its own governance token, QUO, allows holders to earn platform fees and participate in governance.

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Overview

Description

Quoll Finance is a yield boosting protocol on the BNB and Arbitrum chains. It allows users to deposit liquidity provider (LP) tokens and other tokens to earn boosted yields in the form of various rewards tokens like WOM, THE, and its native token, QUO. The platform achieves this by accumulating veTokens (vote-escrowed tokens) from partner protocols like Wombat and Thena, which maximizes rewards for its users. For holders of WOM and THE, Quoll offers a way to unlock liquidity by converting them into qTokens (qWOM, qTHE), which can be staked for further rewards without sacrificing governance benefits. The native QUO token can be locked to earn a share of the platform's performance fees and bribes, and to participate in governance decisions on partner protocols. The company's future plans involve expanding its aggregation capabilities across major ecosystems.