Silopedia
  • Read Me
  • Introduction
    • What is Silo?
  • The Silo Protocol
    • Protocol Design
      • Base and Bridge Assets
      • Silo Deployments
      • Collateral Status
      • Interest Rate Model
        • Dynamic IRM with PI Controller
        • Kink IRM with Multiplier
        • Fixed IRM
      • $XAI
      • Curve LP Markets
      • Incentives
    • Lending 101
      • The Markets
      • The Lender
      • The Borrower
      • Liquidation
    • Risks
      • Smart Contract
      • Economic
      • Oracle
      • Bad Debt
      • Liquidation
    • Integrations
      • Pendle Finance
      • Contango
      • Beefy
      • Factor
  • Walkthroughs
    • Using Silo
      • Connect Wallet
      • Lending (Depositing)
      • Withdrawing
      • Borrowing
      • Repaying
    • Delegating $SILO to Vote
      • Delegate to Self
      • Delegate to Somebody Else
    • Farming with $SILO
      • LPing SILO/ETH v3 on Camelot (Arbitrum)
    • Borrowing Strategies
      • Borrow to Short
      • Borrow to Leverage
  • Yield farming opportunities
  • Oracles
  • Liquidate a position manually
  • SiloDAO
    • $SILO
      • Token Allocation and Vesting
    • Governance
    • Creating a Silo
    • Wallets and DAO Contracts
  • Security
    • Audit
    • Formal Verification
    • Bug Bounty Program
    • Smart Contracts
  • Additional Information
    • Brand Assets
    • Developer Docs
    • Submit a Bug
    • Official Channels
    • SiloDAO (Snapshot)
    • SiloDAO (Tally; On-Chain Voting)
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  1. SiloDAO

$SILO

The veSILO tokenomics upgrade will come along with the launch of Silo V2, stay tuned!

$SILO is the native governance token of the SiloDAO and may be used to vote for governance over the Silo Protocol.

Token holders may vote parameters, including;

  • Deploying a new market with custom parameters (e.g. LTV, LT, Interest Rate Configuration, Price Feed)

  • Adjusting an existing market's parameters

  • Adjusting/removing a bridge asset(s)

  • Modifying the DAO's fee mechanisms

  • Increase the token supply (this functionality is something the DAO may consider to remove at any point to place a hard cap on supply)

  • Deployment of protocol-owned liquidity

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Last updated 1 year ago