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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 | === 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]] | [[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 | 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 === | === $TOKE === | ||
[[File:TOKEnomics and Emissions.png|thumb|$TOKE tokenomics and emissions https://docs.tokemak.xyz/toke/tokenomics]] | [[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 === | === Earning $TOKE === | ||
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$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. | $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 | ||
== | == References == | ||
# https://docs.tokemak.xyz/ | # https://docs.tokemak.xyz/ | ||