Difference between revisions of "Tokemak"
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Tokemak is a layer 2 solution of DEX founded by Carson Cook. The introduction of [https://medium.com/tokemak/introducing-tokemak-the-utility-for-sustainable-liquidity-8b99a4757301 Tokemak] is published on April 29th, 2021. | Tokemak is a layer 2 solution of DEX founded by Carson Cook. The introduction of [https://medium.com/tokemak/introducing-tokemak-the-utility-for-sustainable-liquidity-8b99a4757301 Tokemak] is published on April 29th, 2021. | ||
Tokemak | Tokemak serves as a liquidity router to guide and pair up liquidity. Liquidity providers are protected from impermanent loss and will be rewarded with $TOKE which provides voting power for liquidity directors. | ||
== 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 pairs up liquidity of different assets from liquidity providers in a token reactor, then the liquidity will be deposited into a DEX like [[Uniswap]]. | |||
=== $TOKE === | |||
[[File:TOKEnomics and Emissions.png|thumb|$TOKE tokenomics and emissions https://docs.tokemak.xyz/toke/tokenomics]] | |||
Emission and governance token of the protocol. | |||
=== Earning $TOKE === | |||
* Early staking during the pre-liquidity deployment phase (Cycle Zero) | |||
* ''Liquidity Providers'' earn TOKE by providing liquidity or depositing assets in the Genesis Pools | |||
* ''Liquidity Directors'' earn TOKE at a variable APR by guiding liquidity with voting power of $TOKE | |||
=== 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. | |||
== External links == | |||
Dapp: https://www.tokemak.xyz/ | Dapp: https://www.tokemak.xyz/ | ||
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Discord: https://discord.com/invite/Z5f92tfzh4 | Discord: https://discord.com/invite/Z5f92tfzh4 | ||
== | Dune Dashboard: https://dune.com/tokemak/Tokemak | ||
Tokebase Educational Resources: https://www.starbased.xyz/tokebase/ | |||
== References == | |||
# https://docs.tokemak.xyz/ | # https://docs.tokemak.xyz/ | ||
[[Category:Protocols]] | |||
Latest revision as of 16:51, 7 July 2022
Tokemak is a layer 2 solution of DEX founded by Carson Cook. The introduction of Tokemak is published on April 29th, 2021.
Tokemak serves as a liquidity router to guide and pair up liquidity. Liquidity providers are protected from impermanent loss and will be rewarded with $TOKE which provides voting power for liquidity directors.
Overview
Liquidity Router
Tokemak pairs up liquidity of different assets from liquidity providers in a token reactor, then the liquidity will be deposited into a DEX like Uniswap.
$TOKE
Emission and governance token of the protocol.
Earning $TOKE
- Early staking during the pre-liquidity deployment phase (Cycle Zero)
- Liquidity Providers earn TOKE by providing liquidity or depositing assets in the Genesis Pools
- Liquidity Directors earn TOKE at a variable APR by guiding liquidity with voting power of $TOKE
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.
External links
Dapp: https://www.tokemak.xyz/
Twitter: https://twitter.com/tokenreactor
Medium: https://medium.com/tokemak
Discord: https://discord.com/invite/Z5f92tfzh4
Dune Dashboard: https://dune.com/tokemak/Tokemak
Tokebase Educational Resources: https://www.starbased.xyz/tokebase/