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## Notes on Tokemak ## [tokemak](https://www.tokemak.xyz/)
<br> <br>
### tl; dr
<br>
* protocol designed to generate liquidity for DeFi and future tokenized Dapps coming up in the space. * protocol designed to generate liquidity for DeFi and future tokenized Dapps coming up in the space.
* It's a decentralized market making platform that allowe liquidity flows and provides an easy way to liquidity. * It's a decentralized market making platform that allowe liquidity flows and provides an easy way to liquidity.
* It has reactors that host staked assets on each side of the pools. * It has reactors that host staked assets on each side of the pools.
* Participants are broken down into 3 components: LP (providing assets), Liquidity directos (direct assets), and pricers (third party pricers for non-AMM venues). * Participants are broken down into 3 components: LP (providing assets), Liquidity directos (direct assets), and pricers (third party pricers for non-AMM venues).
* Tokemak locks up ETH and USDC which are base tokens that any pool could be built on. Users deposit these base assets for APR paid out in TOKE. * Tokemak locks up ETH and USDC which are base tokens that any pool could be built on. Users deposit these base assets for APR paid out in TOKE.
* TOKE can be thought of as tokenized liquidity. * TOKE can be thought of as tokenized liquidity.
<br>
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### resources