From c7d3e361f1098c96873d6816087f94cda0e8e4c7 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?BT3GL=20/ba=C9=AAt=C9=A1=C9=9D=C9=AB/?= <1130416+bt3gl@users.noreply.github.com> Date: Thu, 21 Apr 2022 04:21:44 +0400 Subject: [PATCH] Create tokemak.md --- DeFi/liquidity/tokemak.md | 10 ++++++++++ 1 file changed, 10 insertions(+) create mode 100644 DeFi/liquidity/tokemak.md 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.