source avatarMew〽🐾

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Good morning everyone ☀️ Many people think DEXs are just places to swap tokens, but the veDEX model actually does something much more important: it determines where liquidity flows. In veDEX, users lock tokens through an escrow voting mechanism to gain voting rights for emissions. This means that LP farming rewards are not distributed fixedly but are directed by those with voting rights. Projects wanting liquidity must compete to attract votes and incentives, sometimes through bribes. This transforms the DEX from a trading platform into a liquidity coordinator for the entire ecosystem. This is why MarbMarket is quite noteworthy, especially with its fair launch without a presale and without VCs. This allows everyone to participate from the same starting point. If veDEX works as designed, MarbMarket could become the liquidity and incentive coordinator for the MegaETH system. In DeFi, where emissions are controlled, liquidity is often controlled. And the place that controls liquidity is usually the place with the most power. https://t.co/9m7lcNnUN0

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.