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2 min readSep 19, 2023

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𝑽𝒆(πŸ‘,πŸ‘) π’Šπ’ π‘«π’†π‘­π’Š

What is Ve(3,3)?

Ve(3,3) stands for β€œvote escrow” and incorporates elements of game theory. It is designed to encourage users to lock their tokens into a liquidity pool while also creating a β€œwin-win” value model for participants.

Dual Tokenomics Design: Ve(3,3) introduces a dual token economic system that aims to ensure sustainability in DeFi. This approach differs from traditional models and aims to create a non-volatile trading environment.

Traditional DEXs incentivize liquidity providers (LPs) with native tokens, leading to issues such as:

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-dilution of the token value
-mercenary capital that quickly withdraws liquidity
-suboptimal fee generation
-misalignment of incentives
-low liquidity in certain pools
-an imbalance in voting power
-an imbalance in voting power

ve(3,3) Model:
-Incentivizes LPs through emissions
-Users lock their token and receive voting power (ve-token)
-Ve-token holders control emissions that go to LPs
-Ve-token holders/Voters receive trading fees in addition to bribes
-Traders benefit from low slippage
-Protocols pay bribes in order to gain liquidity

Ve (3,3) tokenomics model is a game-changer for DEXs.

Community Governance: Ve(3,3) allows for community co-governance, enabling DeFi applications to adjust the inflation rate of native tokens. This feature emphasizes community involvement and decision-making.

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Darcy Joe Ptp
Darcy Joe Ptp

Written by Darcy Joe Ptp

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Discreet hero fighting for financial freedom through crypto. Join me on this journey towards financial sovereignty and let's make our dreams a reality