☯️x(3,3) Fundamentals
Last updated
Last updated
Andre Cronje's introduced a novel ve(3,3) concept to the traditional defi model, incorporating elements of game theory alongside an anti-dilution mechanism (aka "rebase") and high efficiency swap curves. Combining together to create a continuous flywheel rooted in sustainability in both tokenomics and user retention.
SHADOW builds upon Mr. Cronje's work with novel tokenomics and a unique x(3,3) implementation designed to further enhance the user experience and sustainability of the model. This system takes a user first approach by incorporating exit mechanisms, removing locks and any friction from liquidity providers.
xSHADOW is where x(3,3) shines versus the ve(3,3) model. xSHADOW is not subject to four-year locks, illiquid but instead offers users the ability to exit instantly or vest over a user defined period. These early exits are streamed back to xSHADOW holders while also earning protocol fees, bribes, and other conversions. Adding exit mechanisms to x(3,3) prevents the buildup of inactive voting power. (PVP Rebase). x(3,3) also takes a proactive approach to ecosystem health with dual-token emissions split in SHADOW & xSHADOW. These splits can be configured per pool to best support the ecosystem.
