📝The Standards to Become Whitelisted Pools

On W3Swap, a rating system will be applied for whitelisting the mining pools of ecosystem projects. Their application will be evaluated from multiple latitudes (* options are the standards that must be met for the W3Swap whitelisted mining pools.)

* Contract passes security audit: 10 points

* The current comprehensive TVL (LP) exceeds $20w (in the early stage, this standard will be raised in the future) : the base value of TVL reaching $200,000 is 10 points, and 0.1 points will be added for every additional $10,000

Daily trading volume (Weekly average) : Weekly average daily trading volume *0.000002 points

Number of addresses on the chain (≥ $20) : Number of addresses *0.0002 points

Community opinion and token price stability; Anonymity overall score assessment by W3Swap DAO(community volunteers) : 1-5

The Process to Become Whitelisted Mining Pools on W3Swap

1. The project submitted the whitelist mine pool application

2. The observation period was one week

3. Comprehensive score of shortlisted projects every week

4. The Farm output of the shortlisted projects will be weighted according to the score (Farm mine pool W3 output of the shortlisted projects = project score/Total score of all shortlisted projects *100%* Total output distributed by ecological mine pool W3 of the week)

5. The output of the ecological ore pool will be adjusted every week, and the score of the project will be subject to the assessment of the week.

Example: Project A:

The contract passed the security audit for this score is 10 points;

TVL is $1 million, and the score is 10+80*0.1=18 points;

If the weekly average daily trading volume is 5 million dollars, the score is 5000000* 0.000002=10 points;

If the number of addresses on the chain is 50000, the score is 50000*0.0002=10 points

The W3Swap DAO was given a manual score of 5

The comprehensive score of this project is: 10+18+10+10+5=53 points

The total score of all whitelisted pool projects this week adds up to 500 points. If the total output of W3 ecological pool this week is 10000, the output of this project this week =53/500*100%*10000=1060 pieces