Why Whitelist (v.)?

Whitelist is a verb in this case. And it describes a process widely used in modern DeFi [Taçoğlu]. Whitelisting is the outcome of the good old law of supply and demand, invented by Adam Smith and Alfred Marshall back in the 70-s and 90-s, 1770-s and 1890-s, that is 🤓[Fernando]. Because the amount of people willing to buy tokens of various DeFi projects currently largely exceeds the amount of these tokens, interested parties are invited to perform multiple “marketing favors” for the project they are willing to buy their tokens from to be admitted into the sale. We base our public pool whitelisting on this existing procedure.

How do fundraisers usually decide which community members are eligible? Usually, it’s a “random lottery,” and we already described the motivation and transparency issues. But what if we create a set of rules, which (like in computer gaming or chess) determine: who is eligible? And what if these rules are based on something more than just retweets or activity within the Telegram community of the DeFi project? Welcome, ScaleSCORE!

Figure 8. Whitelisting for a Private Pool in Scaleswap