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Quoll Finance is an on-chain incubator and yield booster that utilizes the veToken/boosted yield model from Wombat Exchange. It aims to provide LPs with boosted yields and offer additional rewards to WOM holders through a tokenized version of veWOM called qWOM. If you are unfamiliar with the veToken/boosted yield model, please refer to the Wombat Exchange documentation. Quoll Finance aims to enhance the distribution of boosted rewards from Wombat to various participants in a more efficient manner. Depositors can earn the boosted reward by holding veWOM on the platform, while WOM holders have the option to convert their WOM into qWOM. qWOM is a tradable token that can be staked to earn extra rewards. This improved distribution of boosted rewards is expected to attract more users and increase the total value locked (TVL).
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