IPOR's Power Tokens Design is a new DeFi primitive that aims to improve upon existing liquidity mining designs, such as the vote-escrowed (ve) model popularized by Curve.finance. One key feature of power tokens is their ability to incentivize governance participation and achieve progressive decentralization of the protocol. Power tokens are distributed to protocol users as a reward for bootstrapping the core functionalities of the protocol, such as liquidity for AMMs, lending/borrowing f...