Difference between revisions of "Tokemak"
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== Overview == | == Overview == | ||
=== Liquidity router === | |||
[[File:LDs direct the assets from LPs into Uniswap.png|thumb|300x300px|Tokemak act as liquidity router https://docs.tokemak.xyz/mechanics-and-functionality/general-overview]] | |||
Tokemak pair up liquidity of different one-sided liquidity from liquidity providers in a token reactor, then the liquidity will be deposited into DEX like uniswap. | |||
=== $TOKE === | |||
[[File:TOKEnomics and Emissions.png|thumb|$TOKE tokenomics and emissions https://docs.tokemak.xyz/toke/tokenomics]] | |||
Rewards and governance token of the protocol. | |||
=== Earning $TOKE === | |||
* During the pre-liquidity deployment phase (Cycle Zero), early movers can earn the first emission of TOKE tokens by staking in the following pools. ETH, USDC, TOKE, Sushi LP, Uni LP | |||
* ''Liquidity Providers'' earn TOKE at a variable APR dependent upon the balance of the Token Reactor. LPs also earn TOKE by depositing assets in the Genesis Pools. | |||
* ''Liquidity Directors'' earn TOKE at a variable APR also dependent upon the balance of the Token Reactor. | |||
=== Tokenized liquidity === | |||
$TOKE represents the ability to direct any number of tokens in the form of liquidity. Liquidity directors can stake $TOKE and gain proportional amount of voting power. By voting for various token reactors, liquidity directors can earn $TOKE rewards in variable APY. | |||
== Links == | == Links == |
Revision as of 16:57, 23 April 2022
Tokemak is a layer 2 solution of DEX founded by Carson Cook. The introduction of Tokemak is published on April 29th, 2021.
Tokemak is a protocol that serve as liquidity router to guide and pair up liquidity. Liquidity providers are protected from impermanent loss and will be rewarded with $TOKE which provide voting power for liquidity directors.
Overview
Liquidity router
Tokemak pair up liquidity of different one-sided liquidity from liquidity providers in a token reactor, then the liquidity will be deposited into DEX like uniswap.
$TOKE
Rewards and governance token of the protocol.
Earning $TOKE
- During the pre-liquidity deployment phase (Cycle Zero), early movers can earn the first emission of TOKE tokens by staking in the following pools. ETH, USDC, TOKE, Sushi LP, Uni LP
- Liquidity Providers earn TOKE at a variable APR dependent upon the balance of the Token Reactor. LPs also earn TOKE by depositing assets in the Genesis Pools.
- Liquidity Directors earn TOKE at a variable APR also dependent upon the balance of the Token Reactor.
Tokenized liquidity
$TOKE represents the ability to direct any number of tokens in the form of liquidity. Liquidity directors can stake $TOKE and gain proportional amount of voting power. By voting for various token reactors, liquidity directors can earn $TOKE rewards in variable APY.
Links
Dapp: https://www.tokemak.xyz/
Twitter: https://twitter.com/tokenreactor
Medium: https://medium.com/tokemak
Discord: https://discord.com/invite/Z5f92tfzh4