Valve Controllers
Valve Controller Modules (VCMs) are the core innovation of the LIQUID protocol, enabling holders to create and manage reward streams with customizable parameters.
VCM Overview
What are VCMs?
Valve Controller Modules are NFT-based control mechanisms that allow holders to create and manage reward streams within the LIQUID ecosystem. Each VCM can be configured with custom parameters for commission rates and reward distribution.
Key Features
- Customizable commission rates
- Flexible reward distribution
- NFT-based ownership
- Transferable and tradeable
Creating a VCM
Requirements
- LIQUID tokens for creation fee
- ETH for gas fees
- Connected Web3 wallet
Configuration
When creating a VCM, you can set:
- Commission rate (1-10%)
- Reward distribution parameters
- Target reward pools
Managing Your VCM
Commission Collection
VCM holders can collect their commissions at any time. The commission rate is applied to all transactions processed through the VCM.
Parameter Updates
VCM parameters can be updated by the owner, including:
- Commission rate adjustments
- Reward distribution changes
- Target pool modifications
VCM Marketplace
VCMs can be traded on the marketplace, allowing holders to:
- Buy and sell VCMs
- Transfer ownership
- View VCM statistics and performance