In order to make sure that the community members will avoid scam projects and exchanges in the future related to the Swap, Liquidity Pool, Lending, Borrowing, Yield Farming, and other Defi, NFT Metaverse projects, proposing to add eligibility criteria as follows:
[The Swap, Liquidity Pool, Lending, Borrowing, Yield Farming, Defi, NFT, Metaverse projects must have]:
- The project must have its own fungible token that is listed and tracked on CoinMarketCap and Coingecko (SC audit links must be specified on the page).
- Token of the project must be listed on at least 2 Centralised Exchanges.
- No Ponzi scheme projects are covered.
- Projects with more than 100% APY (Annual percentage yield) are not covered.
[Claim eligibility criteria for the funds on CEXs or DEXs]:
- CEXs and DEXs where the funds were deposited must have tracked listing on both CoinMarketCap and Coingecko (Tracked volume of at least 50 trading pairs)
- CEXs and DEXs must have their own token/coin that is listed on the other 2 Centralized Exchanges.