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Difference between revisions of "Tokemak"
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Content regarding overview of tokemak added.
Justynleung (talk | contribs) (brief introduction to tokemak and links) |
Justynleung (talk | contribs) (Content regarding overview of tokemak added.) |
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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 == | ||