QIP #2 : Aggregate Thena $THE for Increased Revenue Generation

Abstract Thena Finance is a decentralized exchange on BNB Chain that operates with its own vote-locked token : veTHE. At Quoll, our objective is to aggregate more protocols to maximize revenue for our vlQUO holders. By integrating $THE and leveraging veTHE, we aim to capture a diverse range of bribes and rewards, enhancing the value proposition for our users and stakeholders.

Motivation The primary motivation for this proposal is to streamline the process of capturing bribes and rewards from multiple protocols using a single token : vlQUO. By aggregating these rewards, vlQUO holders can benefit from multiple incentive structures without needing to manage multiple tokens or positions. This will simplify user experience and potentially increase the attractiveness of holding and using vlQUO, thereby driving adoption and growth.

Specification How Would This Work ?

1. Locking $THE : We will lock $THE tokens to acquire veTHE through a proxy mechanism. This proxy will hold veTHE and act as an intermediary for voting and reward collection.

2. Voter Proxy Integration : We will integrate a voter proxy into our vlQUO system. This voter proxy will be responsible for managing the voting process on behalf of vlQUO holders. (same way it does for WOM)

3. Capturing Bribes and Rewards : Through the voter proxy, we will participate in the voting processes on platforms like Wombat and Thena. By voting strategically, we can capture the bribes and rewards offered by these protocols.

4. Distribution to vlQUO Holders : The captured bribes and rewards will be aggregated and distributed to vlQUO holders. This means that with a single vlQUO token, holders can benefit from the incentives offered by multiple protocols.

5. Future Expansion : If this model proves successful, we will explore the integration of additional protocols. This will further enhance the value and utility of vlQUO by expanding the range of rewards and bribes it can capture.

Benefits

• Increased Revenue : By capturing bribes and rewards from multiple protocols, vlQUO holders will benefit from a diversified income stream.
• Simplified User Experience : Users will no longer need to manage multiple tokens or positions, making it easier to participate and benefit from multiple protocols.
• Enhanced Value Proposition : The ability to aggregate rewards from multiple sources will make vlQUO more attractive to potential users and investors.
• Scalability : This model can be scaled to include additional protocols in the future, further increasing the benefits for vlQUO holders.

Conclusion Integrating $THE and leveraging veTHE through a proxy mechanism presents a significant opportunity for Quoll to enhance its value proposition. By capturing bribes and rewards from multiple protocols and distributing them to vlQUO holders, we can increase revenue, simplify user experience, and drive the adoption and growth of our platform. We believe this proposal aligns with our mission to aggregate more protocols and generate more revenue for our stakeholders, and we look forward to the community's support and feedback.