Many people think DEXs are just places to swap tokens, but the veDEX model actually does something far more important: it determines where liquidity flows. In the veDEX model, users lock tokens through an escrow voting mechanism to gain voting rights for emissions. This means LP farming rewards aren't fixed but are directed by those with voting rights. Projects seeking liquidity will have to compete to attract votes and incentives. This is why MarbMarket is quite noteworthy, especially with its upcoming launch on MegaETH. If veDEX works as designed, MarbMarket could become the central hub for liquidity and incentives for the entire ecosystem. In DeFi, the place that controls emissions often controls liquidity. And the place that controls liquidity usually has the most power. https://t.co/9m7lcNnUN0
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