diff --git a/DeFi/liquidity/tokemak.md b/DeFi/liquidity/tokemak.md new file mode 100644 index 0000000..0d420c5 --- /dev/null +++ b/DeFi/liquidity/tokemak.md @@ -0,0 +1,10 @@ +## Notes on Tokemak + +
+ +* 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 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). +* 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.