ScaleSwap
  • 👋Introduction
    • Intro
  • 📍Chapter 1
    • IDO Launchpads We Have
    • Lowering the Barriers to Entry
    • Improving Liquidity of the Ethereum Ecosystem
    • Layer 1 and the Gas Fee 😱Scaries
    • Lottery
    • Deregulation-shrelegulation
      • 🏓 To-the-Mooon!
  • 📍Chapter 2
  • The Launchpad We Deserve
  • The Fundraiser’s Flow
  • Layer 2: Forget that Expensive ⛽️Gas!
    • The Road from Plasma to the New Now
    • Rollup-centric Roadmap and the New Teacher’s Pets
    • Polygon
    • Scaleswap Layer 2 Implementation
      • Opportunities for Swapping
      • The Atomic Bridging and the Biconomy Relay
  • 📍Chapter 3
    • 📈ScaleSCORE
    • Why Whitelist (v.)?
    • Metrics Explained
      • Dimension 1
      • Dimension 2
      • Dimension 3
      • Dimension 4
      • Dimension 5
      • Dimension 6
  • 📍Chapter 4
    • The Flows
    • Project’s Flow
      • Project Dashboard
  • Project Selection Criteria
  • Fees’ Flow and Pool Control
  • Swapper’s Flow
    • The Whitelist Registry
  • Participating in the Pool
  • 🤓Readme First
    • Why Intellectual Contribution Matters
  • 📑List of
    • References
  • List of the Acronyms
    • Explained
  • List of
    • The Figures
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  1. Chapter 3

Why Whitelist (v.)?

PreviousScaleSCORENextMetrics Explained

Last updated 3 years ago

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Whitelist is a verb in this case. And it describes a widely used in modern DeFi []. 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 🤓[]. 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

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process
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Fernando