Description
Quarry is a protocol developed to support creators and communities by facilitating the creation of their own tokens on the Solana blockchain, emphasizing the establishment of "Token-Enabled Communities." It streamlines the process of building and managing tokenized communities or projects, featuring "Token Faucets" for distributed token allocation based on user engagement, thereby promoting active participation and equitable token distribution aligned with web3 principles of decentralization and community governance. Leveraging Solana's high throughput and low transaction fees, Quarry aims to provide scalable and efficient token economics for both creators and participants, fostering vibrant ecosystems around shared interests or innovative web3 ideas. Additionally, Quarry serves as an open protocol for initiating liquidity mining programs on Solana, aiming to enhance the ecosystem's growth by enabling composable and enforceable on-chain liquidity mining, which represents an advancement over the standard manual token distribution practices.
Quarry is a protocol developed to support creators and communities by facilitating the creation of their own tokens on the Solana blockchain, emphasizing the establishment of "Token-Enabled Communities." It streamlines the process of building and managing tokenized communities or projects, featuring "Token Faucets" for distributed token allocation based on user engagement, thereby promoting active participation and equitable token distribution aligned with web3 principles of decentralization and community governance. Leveraging Solana's high throughput and low transaction fees, Quarry aims to provide scalable and efficient token economics for both creators and participants, fostering vibrant ecosystems around shared interests or innovative web3 ideas. Additionally, Quarry serves as an open protocol for initiating liquidity mining programs on Solana, aiming to enhance the ecosystem's growth by enabling composable and enforceable on-chain liquidity mining, which represents an advancement over the standard manual token distribution practices.
