One Deli protocol that gives me goose bumps is tokemak, which aims to solve the problem of Deli liquidity and make the efficiency of liquidity rental sales better than that of having two pools.

So far, the tokemak agreement has not been officially launched, so we can't be 100% sure of its operation, but I'm very optimistic about this agreement. Let me explain how it works and why your agreement should make it the next choice.

The goal of tokemak agreement is to become a decentralized market maker. So, what is a market maker? Basically, market makers provide liquidity on exchanges, so others can trade at low sliding points and make money through spread. In fact, market making trading is not easy, but those who are good at market making can make their own profits.

Some centralized financial market makers have participated in arbitrage in dex market, but until now, we have not seen real decentralized market makers. Tokemak protocol has a large amount of Eth and usdc reserves, so it can be matched with other tokens in the protocol.

Users pledge their tokens on the tokemak agreement (the first batch of supported tokens include $alcx, $FXS, $TCR, $ohm and $sushi), and then receive a ttoken, which can be used as their deposit receipt. As a ttoken holder, you are eligible to earn $token to match the other side of liquidity.

For the liquidity providers in tokemak agreement, the agreement not only provides them with a way to provide liquidity, but also minimizes the risk of impermanent loss. Moreover, the tokemak protocol is also very good for the design of $token. Let me further explain:

When you hold a token, you can mortgage it on the "reactor" of the tokemak agreement. The more tokens you entrust to a "reactor", the more liquidity you can direct to the token. Even cooler, liquidity leaders can also get incentives after providing an appropriate amount of liquidity.

If the liquidity is high but the trading volume is low, it means that you have allocated too much liquidity, and vice versa. Here is a trick, that is, make your liquidity and trading volume just right. For liquidity guides who do so, the tokemak agreement will reward them. As a liquidity guide, if you want to maximize your return, you must allocate liquidity in the wisest way!

Looking forward to the future, I absolutely believe that the largest holders of token will be some decentralized autonomous organizations (Daos). For this issue, I will discuss it further in other topic Posts later. Because the things involved in game theory are very cool, it takes a long time to explain.

For the defi protocol using liquidity mining, you only need to know that using tokemak protocol can calculate the dollar price per unit of liquidity and is more effective than allowing two pools.

One Deli protocol that gives me goose bumps is tokemak, which aims to solve the problem of Deli liquidity and make the efficiency of liquidity rental sales better than that of having two pools.

So far, the tokemak agreement has not been officially launched, so we can't be 100% sure of its operation, but I'm very optimistic about this agreement. Let me explain how it works and why your agreement should make it the next choice.

The goal of tokemak agreement is to become a decentralized market maker. So, what is a market maker? Basically, market makers provide liquidity on exchanges, so others can trade at low sliding points and make money through spread. In fact, market making trading is not easy, but those who are good at market making can make their own profits.

Some centralized financial market makers have participated in arbitrage in dex market, but until now, we have not seen real decentralized market makers. Tokemak protocol has a large amount of Eth and usdc reserves, so it can be matched with other tokens in the protocol.

Users pledge their tokens on the tokemak agreement (the first batch of supported tokens include $alcx, $FXS, $TCR, $ohm and $sushi), and then receive a ttoken, which can be used as their deposit receipt. As a ttoken holder, you are eligible to earn $token to match the other side of liquidity.

For the liquidity providers in tokemak agreement, the agreement not only provides them with a way to provide liquidity, but also minimizes the risk of impermanent loss. Moreover, the tokemak protocol is also very good for the design of $token. Let me further explain:

When you hold a token, you can mortgage it on the "reactor" of the tokemak agreement. The more tokens you entrust to a "reactor", the more liquidity you can direct to the token. Even cooler, liquidity leaders can also get incentives after providing an appropriate amount of liquidity.

If the liquidity is high but the trading volume is low, it means that you have allocated too much liquidity, and vice versa. Here is a trick, that is, make your liquidity and trading volume just right. For liquidity guides who do so, the tokemak agreement will reward them. As a liquidity guide, if you want to maximize your return, you must allocate liquidity in the wisest way!

Looking forward to the future, I absolutely believe that the largest holders of token will be some decentralized autonomous organizations (Daos). For this issue, I will discuss it further in other topic Posts later. Because the things involved in game theory are very cool, it takes a long time to explain.

For the defi protocol using liquidity mining, you only need to know that using tokemak protocol can calculate the dollar price per unit of liquidity and is more effective than allowing two pools.