In December, Kwenta launched their token and started a Liquidity Mining (LM)/Bribing program on Velodrome Finance, one of the leading Automated Market Makers (AMMs) on Optimism. In late February, in addition to the LM on Velodrome, Kwenta decided to utilize Arrakis Finance's newest product: PALM, which actively market-makes liquidity on top of Uniswap V3. In this article, we analyze several metrics on both DEXs to provide an objective and comprehensive comparison. We will explore the ben...