Why Passport?

The key question for every protocol is how to grow users and liquidity.

Today, teams build their own token incentive mechanisms as an afterthought, typically overpaying for users in the near term and not leaving enough incentives in the long term. Most DeFi teams take a trial-and-error approach to liquidity rewards, manually changing emissions and seeing how liquidity providers react.

Passport Protocol addresses this problem by creating a powerful yet extensible framework for analytics. This allows teams to quickly iterate on smart contract logic to create new incentive models.

The initial release of Passport features a full set of composable data primitives as well as the LoyaltyScore, the first instance of a composable multiplier built on Passport infrastructure.

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