A Growth Pool is a mechanism that incentivizes the long-term holding and staking of tokens in a project. It is designed to promote active participation from community members while providing them with potential rewards.Participants contribute tokens to the Growth Pool, which are often locked for a specific period. In return, they may receive benefits such as additional tokens, a portion of the project’s revenue, or governance rights. This encourages users to engage with and support the project over time, aligning their interests with its growth and success.Growth Pools can also enhance liquidity and stability within a project, reducing the likelihood of sudden price drops. They often have rules around how rewards are distributed and may require users to meet certain conditions, like maintaining a minimum token balance or participating in governance votes.Overall, the Growth Pool serves as a way to build a more dedicated community and ensures that participants are invested in the project’s progress.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to