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