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veTKN becomes a liquidity generation and direction tool. Tokan Exchange is a next-generation DEX on Scroll Layer 2 that offers deep liquidity for premium crypto assets and tokens. Liquidity Providers can earn a yield in TKN by depositing tokens into pools.
- Initial Tokan Distribution
20% of the initial supply is allocated to the team (locked...
- Initial Tokan Distribution
veTKN is the center piece of the Tokan Exchange. In exchanging for locking theirTKN, users receive veTKN, allowing them to vote for gauges, receiving 100% of the trading fees and 100% of the incentives for the associated pool.
To provide a cost-effective solution to the pool-2 liquidity problem for protocols. By building a veTKN position and incentivizing veTKN holders to vote for their pool, protocols can build up liquidity for their protocol without sending their token into hyper-inflation.
20% of the initial supply is allocated to the team (locked as veTKN). This is to ensure that we are able to acquire and sustain the resources needed to develop and improve Tokan Exchange. It is also critical for the team to remain motivated so they can build on and continue to benefit the Tokan Ecosystem.
Apr 30, 2024 · Through the building of veTKN positions and incentivizing veTKN holders to vote for their pool, protocols can accumulate liquidity without greatly reducing the risk of hyper-inflation of their...
Apr 30, 2024 · TKN emissions will continue flowing to gauges directed by veTKN holders; veTKN holders can claim trading fees, rewards and rebases from the previous epoch; Last Epoch to claim airdrop.
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What is vetkn & Tokan exchange?
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Jan 12, 2022 · The veTKN model allows periodical and democratic control of token issuance and introduces positive feedback loops that mitigate selling pressure on the main token thanks to...
