🏅Token Utility

The value of $OMLT token is derived primarily from two key attributes:

The first significant factor that contributes to the value of the $OMLT token is the swap fee sharing feature, which allocates a portion of the platform's swap fees directly to $OMLT token stakers based on their stake weight.

The second factor is the Farm Boost feature, which offers additional farming incentives to $OMLT token stakers for their liquidity pairs. Further details regarding this feature will be provided in a subsequent section.

In addition to the aforementioned features, $OMLT stakers will also have the opportunity to participate in token listing proposals and voting for listings. The swap page will consist of three token lists, including the verified token list (tokens that have been verified by the Omelette team), the DAO token list (tokens that have been voted on by Omelette stakers), and the Permissionless token list (tokens that have not yet been approved for the pool).

Furthermore, $OMLT stakers will be able to propose and vote on Farm Boost pool assignments, which will allow them to choose which LPs will receive Farm Boosts.