L2PAD’s algorithmic tier structure ensures maximum utility for the greatest number at all times offering unparalleled internal economics scalability.

Quadratic funding, in short, is an exercise to allow (near) optimal provision of a decentralized, self-organizing ecosystem of public goods. Decentralized crowdfunding has been the first step (historically). Quadratic funding is the next and the ultimate evolution of the fair and balanced fundraising vehicles.

Quadratic funding is an optimal fix to the ‘tragedy of the commons’ problem and rewards projects for attracting large numbers of funders.

Tokens

L2PAD Token: This token acts as the governance token for the platform enabling tiered access to raises as well as exposure to the L2POOL token.

L2POOL Token: This token acts as an ETF of all previous raises on the platform. IDOs contribute a 30% fee to a special protocol portfolio pool and farmable L2POOL tokens offer exposure to this pool.