The metrics used to select eligible assets for rewards are carefully chosen to ensure that the selected tokens have a strong reputation, are difficult to manipulate, and are valuable to the ecosystem. This reputation is built on a combination of factors, including Total Value Locked (TVL), Market Cap, and listings. Assets are expected to meet at least two of the three criteria below to be included in the white-list.
TVL
The total value locked in different Algorand protocols plays a key role. It's a good indicator of the token's popularity.
Minimum TVL requirement: USD 100K across all the protocols.
Market Cap
Market cap is a measure of a crypto token’s total circulating supply multiplied by its current market price. This parameter can be used to consider the positioning of the tokens on the entire crypto market.
Minimum Market Cap requirement: USD 1MM.
Listing
Tokens listed on multiple stable and respected exchanges are often seen as more established and trustworthy. This can also contribute to increased demand for the token and further the growth of its reputation within the ecosystem.
Please supply at least 2 of the 2 metrics above.
