Tom Finance (TOM) is registered in decentralized voting platform Snapshot
Decentralized Finance (De-Fi) project Tom Finance (TOM.FINANCE) announced that they are now registered in decentralized voting platform Snapshot (snapshot.org).
Snapshot has an advantage of innovatively lowering voting fees through the off-chain sign technique. With this Snapshot registration, Tom Finance will be able to introduce a decentralized governance system where users can vote for project’s operation direction and policy decisions.
In order to participate in governance and voting, participants must have TOM tokens in their wallets, and the more tokens they hold, the more voting rights they can exercise. All voting processes are conducted transparently and democratically in a decentralized manner by the system.
Tom Finance started its De-Fi service in season 1, with liquidity supply on the Ethereum chain-based Uniswap platform. Since then, it has developed and operated its own swap platform in Season 2, and currently it has introduced a cross-chain system to provide Klaytn-based De-Fi service.
Tom Finance is currently operating a number of liquidity pools on KlaySwap, the most widely used Klaytn chain De-Fi platform. Liquidity providers for TOM liquidity pools in KlaySwap can receive TOM tokens as reward in return.
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